Student loan forgiveness processing appears to have stalled for tens of thousands of borrowers under a key debt relief program. And advocates are getting worried.

The Biden administration had approved more than 700,000 borrowers for student debt cancellation and other benefits, including refunds of prior payments and corrected credit reporting. The approvals were enacted using group discharge authority for borrowers who were…

Keke Palmer is opening up about her child star past — and her once-dire financial straits.

The “Nope” actor became her family’s breadwinner while still a young girl. And though that Hollywood gambit ultimately paid off, Palmer recently revealed she’d declared bankruptcy at 18 years of age.

“I was so spooked,” she admitted at the Building Wealth Today for Tomorrow financial literacy event in Chicago, per Afrotech. “I was like, ‘What went wrong?’”

Palmer was only 10 years old when she landed her first part in “Barbershop 2: Back in Business,” and went on to nab lead roles in major projects including “Akeelah and the Bee” (2006) and Nickelodeon’s “True Jackson, VP” (2008-2011). But that came at a…

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DMCC Speciality Chemicals, a microcap company in the chemicals industry, has recently received a ‘Hold’ rating from MarketsMOJO. This…

The Container Store rapidly gained fame through the success of Netflix’s “Tidying Up” series. Today, it could be the next big retailer to go bankrupt.  

The retail chain, which offers a range of custom spaces, organizational solutions and in-home services, is contending with a weaker housing market and a growing availability of cheaper alternatives. 

The company touts itself as the “nation’s only home storage retailer with a solution-oriented approach.” But Eric Snyder, partner at New York City-based Wilk Auslander LLP, told FOX Business that…

KTM’s financial troubles are much worse than many suspected. The company has entered self-administration to undergo a restructuring process in an attempt to stave off bankruptcy. Is a total collapse of one of the world’s leading motorcycle manufacturers near?

It was only a week ago that I covered the financial insecurities surrounding KTM and its parent company Perier Mobility but things have already deteriorated further as KTM takes drastic measures to stay afloat.

Back in October, KTM’s board of directors was cut from six to two members, hundreds of employees were laid off and a planned production halt was announced at KTM’s Mattighofen plant in Austria. As the brand’s money problems are laid bare, its liabilities are though…

• Felix Holidays Group Limited’s directors claimed the company had never traded since it was set up in 2020 
• Investigations by the Insolvency Service revealed the existence of two American Express cards used to make payments on behalf of its sister company, Felix Travels and Tours Limited 
• Felix Holidays Group also told the bank that its turnover was as high as £1.8 million 
• Felix Travels and Tours was shut down in July this year after holidaymakers complained they had not received holidays they had paid for 
• Felix Holidays Group has now also been wound-up at the High Court 

A company connected to a former travel agency which owed customers almost £600,000 in refunds when it went into liquidation has been shut…

“It’s time that young people were provided with relief from their debt sentence and money was put back into the pockets of those who need it most,” the party said.