(InvestigateTV) — A recent NerdWallet survey on sports betting found that in 2024, people said they spent an average of $3,284 dollars on gambling.

Elizabeth Ayoola, a personal finance writer at NerdWallet, said the survey also found 65% of participants reported doing this to make extra money.

A lot of people indicated they love to gamble. Ayoola cautioned that if gambling is a frequent activity, it should be factored into a budget to prevent financial strain.

“At NerdWallet we suggest the 50, 30, 20 budget, which is that 50% of your income goes to needs, 30% to wants and then 20% to debt and savings,” Ayoola said. “So, ideally, the gambling money should come out of that 30% bucket which is your wants in spending.”

Before deciding…

TOKYO — About 60% of online casino users in Japan admit having a gambling addiction, with more than 40% have been in debt, according to a National Police Agency survey.

The survey found 67.6% of the 500 respondents who engaged in illegal gambling online were men, and 32.4% were women. Users in their 20s comprised 30.0%, those in their 30s accounted for 28.8%, followed by 22.4% in their 40s, 7.8% in their 50s and 3.6% aged 10 to 19.

An estimated 1.24 trillion yen (around $8.36 billion) is wagered from Japan annually, with users in their 30s…

• Trump signed an executive order seeking to limit eligibility for Public Service Loan Forgiveness.
• Some borrowers told BI they built their careers around the promise of relief after 10 years of payments.
• The Education Department said it’s reviewing the order and will ensure PSLF doesn’t go to “anti-American activists.”

They shaped their lives around working in public service to get student-loan forgiveness. The program they’re counting on is one of President Donald Trump’s latest targets.

“I’m counting my lucky stars that there’s still the possibility that this PSLF program will remain intact because I have dedicated my whole professional life to public service,” Megan Flocken, a 41-year-old…

The death knell is ringing for Canada’s oldest company.

Hudson’s Bay announced late Friday evening that unless it finds a more viable path forward, it will begin liquidating its entire business as soon as next week, putting more than 9,000 jobs at risk.

The department store chain that dates back to 1670 and now spans 80 stores said it has been forced toward a full liquidation because “exhaustive” efforts haven’t turned up the financing it needs to keep at least some of its empire alive.

A closure of the entire business would mean job…

Reality television icons, Kerry Katona and Katie Price, are set to descend on East Lancashire later this year.

The duo are bringing their tour, An Evening with Katie Price and Kerry Katona, to the Burnley Mechanics theatre on October 14.

The event promises to be a “tell all” tour, where they share stories of friendship, marriage, divorce and bankruptcy.

Song and dance has also been promised, with the chance to ask them questions.

Katie and Kerry are also set to open up about their experiences on I’m A Celebrity… Get Me Out of Here.

Katie appeared on the show in 2004 and 2009. Kerry Katona was crowned queen of the jungle in 2004.

Both have also hit headlines for claiming bankruptcy. Kerry first declared bankruptcy in 2008 and again in…

The death knell is ringing for Canada’s oldest company.

Hudson’s Bay announced late Friday evening that unless it finds a more viable path forward, it will begin liquidating its entire business as soon as next week, putting more than 9,000 jobs at risk.

The department store chain that dates back to 1670 and now spans 80 stores said it has been forced toward a full liquidation because “exhaustive” efforts haven’t turned up the financing it needs to keep at least some of its empire alive.

A closure of the entire business, which is planned pending a court appearance set for Monday, would mean job losses for 9,364 employees the company has in Canada across its Hudson’s Bay stores, as well as three Saks Fifth…

Governments are grappling with soaring debt costs that are squeezing public finances and stalling development.

As the world heads toward the 4th International Conference on Financing for Development (FfD4), UN Trade and Development’s (UNCTAD) biennial debt conference will set the stage for urgent solutions.

The 14th International Debt Management Conference, set for 17 to 19 March in Geneva, will be a platform to discuss and share experiences on critical developments and challenges facing developing countries, when it comes to…