China Has 8.3M People Who Can't Repay Their Debts: Here Are The Shocking Ways They Are Punished
Blacklisted debtors in China may feel trapped in the system as the government can hold their salary to recoup the money they owe.
Why Bank Chairman Paul Pester Decided To Establish a Money-Sharing App: The Story of Loop
Paul Pester founded Loop to give friends and family a way of sharing money and avoiding overdraft and other banking fees.
'Do I Pay for My Daughter's Ear Infection or Food': Manager Had $34K Student Debt, Now It's Over $500K
As a senior manager at a pharmaceutical firm, Angela Bolt's student loans began at $34,000, but have grown to an overwhelming $528,152 over the years.
Man Hides $520K Debt From Wife 'To Shield Her From The Stress': What Did He Spend On
Meme stocks, day trading, avoiding money talk, and years of blind spending got this high-earning couple into half a million dollars in debt.
Mom Sells Her $84K Dream Car After Paying Over $40K in Loan Interest Over Three Years
This woman paid over $40K over three years to reduce the principal of her car loan by only $10,000, with the remaining going towards interest payments.
Best First Credit Cards in UK 2024: How To Apply, Eligibility, Card Fees, and More
Learn about fees, credit limits, eligibility, perks, and the role of credit scores when applying for UK credit cards for the first time.
UK Accountant Shares 4 Signs You're Financially Well Even If You Don't Feel Like It
The signs that show that you are doing well financially include playing "the wealth game", tracking the average annual wage, knowing the three fundamentals of finance and changing your mindset.
OJ Simpson Dead At 76 But Owes Over $90M Over Death Of Ex-Wife and Her Friend
The debt stems from a $33.5M judgment payment ordered, which has raised interest over time, as well as damages paid to the bereaved family.
Residents Slam Serial Squatter Who Refuses To Pay Rent Despite $400K Yearly Salary
A man and his wife have been dubbed "serial squatters" after they have refused to pay rent for more than four years.
'Crushing': Biden Unveils Student Debt Plans To Woo Young Voters
US President Joe Biden unveiled fresh plans Monday to reduce student loan debt for tens of millions of Americans, in bid to win over young voters as he seeks reelection in November.
Single Mom of 6 Turned $5 Into a $10M Cupcake Empire: Meet Mignon Francois
After starting her business 16 years ago, Mignon Francois has built a cupcake empire that produces thousands of cupcakes for customers all over the US.
Financial Advisor Shares 4 Chinese Money Principles That Can Help You Boost Your Savings
After China's gross savings rate was measured at 45.9 per cent, Humphrey Yang shares the Chinese secrets to saving money.
This New Dating App Is Only for People With a Credit Score of 675 and Above
In a bid to connect "financially like-minded" singles with an excellent credit score, Neon Money Club launched its new dating app, Score.
Ohtani Denies Betting On Baseball, 'Saddened, Shocked' By Scandal
Los Angeles Dodgers superstar Shohei Ohtani said Monday he had never bet on baseball or other sports, declaring himself "saddened and shocked" after accusing his interpreter of stealing from his bank account to pay off millions of dollars in gambling debts.
Bank Of Japan Hikes Rates For First Time Since 2007
Japan's central bank pulled the plug Tuesday on its ultra-aggressive monetary stimulus programme, hiking rates for the first time since the global financial crisis.
IMF Chief Georgieva Says 'Available To Serve' For Second Term
The managing director of the International Monetary Fund has told AFP she is making herself "available to serve" for a second five-year term running the Washington-based financial institution, shortly after she received the backing of European finance ministers.
France Enshrines Abortion As Constitutional Right In World First
The French parliament on Monday voted to anchor the right to abortion in the constitution, making France the first country in the world to offer explicit protection for terminating a pregnancy in its basic law.
Hotels, Heritage, and Hamas: Why the West Is Shedding Its Reliance on Qatari Cash
Scrutiny over Qatar's UK property holdings, linked to terrorism concerns, prompts boycotts and political pushback, leading to a reassessment of Western ties and investments.
'I Earn $19K And Have $80k Debt': 28-Year-Old Drowning In Loans Asks Finance Guru For Advice
28-year-old Substitute Teacher Rashina tells Finance Advisor David Ramsay that she is considering filing for bankruptcy to get rid of her overwhelming debts.
Divided G20 Blocked By 'Impasse' Over Ukraine, Gaza
The first G20 finance ministers' meeting of the year ended Thursday without a joint statement due to deep divisions over the wars in Ukraine and Gaza, officials said.
This London-Based Fintech Is Transforming How We Build Wealth With Ethical, Competitive Savings Accounts
Many people struggle to save money consistently. About 34% of UK adults have no savings, or less than £1000 in their savings account
Kenneth Mitchell Dead: Fans Donate £39.47K To Help Wife Pay Off 'Astronomical' Medical Bills And Debt
The actor, who has died after a five-year battle with ALS, is survived by his wife Susan May Pratt and their two children, Lilah and Kallum.
'Fake Love' Crypto Scammers Ensnare US Victims
The "wine trader" wooed her online for months with his flirtatious smile and emoji-sprinkled texts.
Young Farmer Dies Amid Police Action Against Protesters In India
The young man from the Indian state of Punjab has reportedly become the first casualty in the protests.
British Billionaire Ratcliffe Completes Purchase Of Minority Stake In Man Utd
British billionaire Jim Ratcliffe said becoming a co-owner of Manchester United is a "great honour" and "responsibility" after his purchase of a minority stake was finalised on Tuesday.
'Procreation Feels Like Financial Suicide' Amid Cost Of Living Crisis, Says Charity Boss
A new survey found that almost half of new parents have got into debt over childcare expenses and 25 per cent of mothers on maternity leave are skipping meals to cut costs.
Struggling To Find A Job After Graduating? What About Studying Abroad?
The most notable consequence of changing attitudes towards university education is that an increasing number of graduates are struggling to find a job.
Methane Menace: 1,200 Major Leaks from Waste Dumps Pose Grave Environmental Threat
Since 2019, there have been over 1,000 significant releases of the potent greenhouse gas methane from landfill waste sites.
Labour's Scaled-Back Home Insulation Plans Face Criticism as Insufficient
Brian Berry expressed disappointment, stating that the decision to scale back the ambition of retrofitting 19 million homes to just five million is regrettable.
Drones, Tear Gas Shells Being Used To Stop Protesting Farmers In India
Several videos from the farmers' protest march have gone viral on social media.