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As More Than 100 Million Americans Face Medical Debt, Relief Launches New Resources for Consumers Managing Debt in Collections

MIAMI, June 26, 2026 (GLOBE NEWSWIRE) — Relief, a self-service technology platform for consumers managing past-due debt and accounts in collections, today announced new in-app resources designed to help people better understand their options when debt becomes overwhelming. The resources…
Bankruptcy News

Credit card debt in the U.S. hits all-time high of $930 billion

Credit card debt hit a record high of $930 billion for Americans in the final quarter of 2019, according to the latest data from the Federal Reserve Bank of New York released on Feb. 11. That’s a $46 billion increase in credit…
Educational News

Student loan borrowers face glitches and misinformation ahead of major July 1 changes, advocates say

July 1 is a significant date for tens of thousands of Americans who hold federal student loans. That’s when changes to the U.S. Department of Education’s menu of repayment and relief options under the “one big beautiful bill” tax-and-spending package take effect.…
Editorial News

Treasury yields move higher as traders monitor potential U.S.-Iran peace deal

U.S. Treasury yields edged higher on Friday after falling sharply the previous session, while oil prices fell, as traders monitored the prospect of a resolution to the Middle East war. The 10-year Treasury note yield — the main benchmark for mortgages, auto…
Government News

Treasury yields fall despite rate hike concerns hitting tech stocks

U.S. Treasury yields moved lower on Tuesday, despite fears of higher interest rates dealing a blow to tech stocks globally, while investors await key inflation data due to be released Thursday. The yield on the 10-year U.S. Treasury note — the key…
Editorial News

SpaceX raises $25 billion in debt sale less than two weeks after IPO

Less than two weeks after its record IPO, SpaceX has raised $25 billion in a debt sale. SpaceX on Monday announced a senior unsecured notes offering, with sources telling CNBC that the company was looking to raise $20 billion. The company said Tuesday that number increased to $25…
Bankruptcy News

Federal Reserve says U.S. banks can withstand $708 billion in losses amid overhaul of capital rules

The biggest U.S. banks would be able to absorb more than $708 billion in losses in a severe global recession while continuing to lend to households and businesses, according to the Federal Reserve’s annual stress test released Wednesday. All 32…
Legal News

Homeowners tapped $47 billion in equity in the first quarter. What to consider before you borrow

Even as home price growth has slowed, the housing boom during the first half of the 2020s means many owners are sitting on substantial equity — and they appear willing to use it. Homeowners tapped an estimated $47 billion in equity — the…
Educational News

Federal student loans have a new interest rate discount

The Trump administration is offering federal student loan borrowers a deeper-than-usual discount on their interest rates if they sign up for automatic payments soon — but not everyone will qualify. In a June 18 press release, the U.S. Department of Education announced that eligible borrowers who…
Government News

2-year Treasury yield falls as Kashkari backs a Fed rate increase by year-end

The 2-year Treasury note yield moved lower on Friday as Minneapolis Federal Reserve President Neel Kashkari said he has changed his outlook and now expects that one interest rate increase will be necessary this year. Kashkari is a voting member of the Federal Reserve’s…