The New York Fed reports that the share of past-due federal student loan balances has climbed to just over 10%, driven by an older demographic of borrowers. 05/21/2026 12:00 P.M. Federal student loan defaults are rising again, marking the end ...

Late payments have long affected UK retail and supply chains, especially small and medium-sized firms with limited financial buffers. / Credit: Hakaroo Project via Shutterstock The UK government has introduced new legislation aimed at speeding up payments between businesses, in ...

For many years now, the United States authorities had been cracking down on the call centres and scam operations from countries like India and Bangladesh which have been looting the elderly population in the U.S. Now something pretty significant has ...

Global digital business services firm TP said its AI-powered debt collection platform achieved up to a 40 percent debt recovery rate while matching human-level customer satisfaction scores in live deployments with financial institutions and telecommunications firms. The company said its ...

President Donald Trump on Tuesday endorsed Texas Attorney General Ken Paxton, supercharging his effort to oust incumbent Sen. John Cornyn in a Republican primary runoff. Paxton and Cornyn qualified for the May 26 runoff after a March 3 primary, while ...

Cox Media Group is facing a nearly $1 million settlement with the Federal Trade Commission over an AI-powered “Active Listening” advertising service that the agency says falsely claimed to harvest conversations from smart devices to serve targeted ads to consumers ...

Scholars discuss the economic impacts and legality of the FTC’s now-defunct ban on noncompetes. A sweeping Biden-era rule banning non-compete agreements with workers promised to generate thousands of new businesses annually, increase worker wages, slash health care costs, and fuel ...

The South African Broadcasting Corporation (SABC) has unleashed debt collectors to chase households in arrears over TV licence fees, sending SMS reminders demanding payment. IOL previously reported that non-compliance continues to grow, with less than 20% of South African households ...

The FTC has announced a settlement requiring Cox Media Group and two partner firms to pay about 930,000 dollars and accept extensive conduct restrictions after allegedly deceiving advertisers about an AI-powered “Active Listening” ad-targeting service that supposedly used smart-device conversations ...