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A major student-loan company is being punished for preventing over 460,000 borrowers from accessing cheaper monthly payments
The Education Department placed a second penalty on student-loan company MOHELA over failure to pro…
Ayelet Sheffey
This tiny country says it will give $500 to every adult as an Exxon oil boom supercharges its economy
Guyana, the world's fastest-growing economy after a huge Exxon discovery, is tapping its oil wealth…
Theron Mohamed
India's digital public infrastructure is transforming country's economic landscape, notes RBI
Built on principles of public good, open access, and regulatory fairness, India Stack has become a …
ANI
Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions
Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …
Nearly all Chinese banks are refusing to process payments from Russia, report says
Almost all Chinese banks — even small regional ones — are now refusing to accept direct transaction…
Huileng Tan
America dodged a recession. Now there's one last pitfall to avoid.
Recession fears are fading and the job market is looking stronger. That's great news for average Am…
Neil Dutta
Putin has spent years championing the idea of de-dollarization — but a new reality is setting in
The Russian president said the BRICS group is trying to resolve payment issues with national curren…
Huileng Tan
Medicare coverage will change in 2025. Some boomers are already struggling to keep up with their medical bills.
The 2025 enrollment period for Medicare opened recently. Some older Americans' deductibles, prescri…
Allie Kelly,Juliana Kaplan
One chip company's newest tactic to attract workers: Help pay off their student loans
GlobalFoundries, a New York-based chipmaker, is offering employees up to $28,500 in student debt re…
Jacob Zinkula
America is trapped in a nightmare of never-ending subscriptions
Companies are using shadowy sign-up tactics and difficult cancelation processes to keep Americans t…
Ayelet Sheffey
China's trade with Russia is getting so difficult that payments can take half a year and most bank transfers are returned
Chinese banks are tightening compliance checks, fearing repercussions from Western sanctions.
Huileng Tan
Consumers reported losing $210 million to scams across payment apps last year. A new bill wants to help future victims get their money back.
Consumers defrauded while using Zelle or other peer-to-peer payment apps might have increased reimb…
John Towfighi
An artist used his $500 monthly basic income to build his hip hop career: 'It's not feasible to create art in a place of distress.'
Tarli, 36, found it increasingly difficult to afford his bills and fund his career as a performer.
Allie Kelly
The top 5% will benefit from Trump's tax plans while the rest of America pays more, a new analysis says
Trump's proposed tariffs could hurt lower earners' wallets, while extending the former president's …
Juliana Kaplan,Ayelet Sheffey
8 million student-loan borrowers on Biden's new repayment plan don't have to make payments after a federal court blocked the program in full
A court blocked the SAVE student-loan repayment plan. All 8 million impacted borrowers will be plac…
Ayelet Sheffey
A federal court has now blocked Biden's new student-loan repayment plan in full, prohibiting borrowers from getting cheaper payments and debt cancellation
The 8th Circuit Appeals Court blocked the SAVE student-loan repayment plan in its entirety, forcing…
Ayelet Sheffey
Paytm shares jump 5% on receiving government's nod for investment in Paytm Payments Services
The company will reapply for a payment aggregator (PA) licence, a regulatory filing said on Wednesd…
PTI
A millennial dad's $0 student-loan payments gave his family some breathing room. Then courts blocked Biden's repayment plan leaving 8 million borrowers like him in limbo.
Alan Pedrick, 41, is worried he'll have to cut back on his kids' after-school programs if the SAVE …
Ayelet Sheffey
Millions of Americans could lose out on more than $700 in healthcare benefits if Congress doesn't keep these tax credits
Pandemic-era subsidies drove enrollment in Obamacare. Now, millions of Americans could see costs r…
John Towfighi
Trump's plan to scrap taxes on tips and overtime could reshape how millions of Americans get paid
Tax proposals from Trump and Harris could incentivize businesses to twist the definition of a tip a…