The last round of student loan forgiveness from the administration caps a tumultuous effort to deliver widespread relief to ...

One major disadvantage of debt settlement is that the government may tax forgiven or canceled debt as income. This could eat ...

In the second student-debt relief announcement this week, Biden canceled loans for borrowers who were defrauded by Ashford ...

Borrowers may look to sinking funds as a way to help plan for potential student loan debt cancellation. These specialized funds are money set aside for specific goals, and the payment of student ...

A cancellation refers to the amount of tax that was assessed or charged to the taxpayer for which relief is granted by the CRA. The waiver is limited to tax paid under the anti-avoidance rules and not ...

China’s economy today is burdened with excess: Millions of empty or unfinished apartment blocks, trillions of dollars in debt straining local governments and ballooning industrial production ...

Tourists in Edinburgh have been expressing disappointment over the cancellation of the capital's Hogmanay celebrations. A total of 45,000 people were expected to attend the street party ...

This has sparked fears among investors and has sent shockwaves across the global network. AP On January 2, a new limit will be set matching the amount of debt issued by the Treasury Department. The ...

Treasury Secretary Janet Yellen warned Congress that the country could hit its debt ceiling as soon as Jan. 14 in a letter sent Friday. Yellen said in the letter that the debt ceiling could be ...

The world of distressed debt investing is unforgiving. Investors specifically seek out companies that are performing poorly or are on the brink of bankruptcy then they buy up the bonds and take ...

Last week, All Elite Wrestling founder and all-around boss Tony Khan confirmed that the popular weekly show Rampage had been canceled "for the foreseeable future." The final episode of Rampage ...

Treasury Secretary Janet Yellen said Friday she expects the U.S. will officially run up against its borrowing limit in mid- to late-January, starting the clock on a major fiscal challenge facing ...