Editorial News

(Washington, D.C., December 12, 2025) – Today, the United States and Mexico reached an understanding to meet the current water obligations of American farmers and ranchers and for Mexico to repay the water deficit in Texas as part of the 1944 Water…

NAIROBI, Dec 4 (Reuters) – The U.S. International Development Finance Corporation has agreed to proceed with a $1 billion debt-for-food security swap with Kenya to replace costly debt with lower-cost financing, Kenyan President William Ruto said. The East African country,…

The administration of President Donald Trump is taking aim at state laws that ban the inclusion of medical debt on consumers’ credit reports. In late October, the Consumer Financial Protection Bureau released what’s known as an interpretive rule, stating that laws prohibiting…

New York Federal Reserve President John Williams met with Wall Street’s dealers last week about a key lending facility, the Financial Times reported, citing three individuals familiar with the matter. The meeting, which took place on the sidelines on Wednesday at…

Colorado’s law barring medical debt on consumer credit reports is preempted by a federal credit reporting law and should be blocked, a debt collection industry group said in a lawsuit. The Fair Credit Reporting Act—the 1970 federal law governing consumer…

The Fair Debt Collection Practices Act (FDCPA) imposes various requirements on debt collectors aimed to protect consumers’ privacy rights and prevent consumer abuse. One such subpart of the statute provides that a debt collector, in connection with collecting a consumer…

The Federal Reserve announced its second consecutive cut to its benchmark interest rate on Wednesday, reducing the federal funds rate by a quarter percentage point to a range of 3.75% to 4%. While this will reduce borrowing costs for loans, credit cards…

As global businesses face tighter cash flow challenges and rising delinquencies, a new wave of tech-driven debt collection agencies is transforming how companies recover outstanding payments. As global businesses face tighter cash flow challenges and rising delinquencies, a new wave…

Debt collectors are now allowed to contact Americans on social media and by text message, according to new rules enacted by a US agency this week. The rule from the Consumer Financial Protection Bureau (CFPB) opens the door for creditors…

Sales of newly built homes rose a much larger-than-expected 20.5% in August compared with July to the highest level since January 2022, according to the U.S. Census. It is also the largest one-month gain since August 2022. Sales were 15.4%…