The risky lending business has been booming, but now its problems are becoming increasingly visible on Wall Street and beyond ...

A Technologist? Really? When asked what they want to be when they grow up, most kids will answer: police officer, actor, astronaut, vet. But not Zilch co-founder Philip Belamant. Even back then, he ...

Credit-card debt is soaring, interest rates on balances have moved into the 30% range on many cards, and delinquencies and bankruptcies are rising. The statistics are grim as consumers fight to keep ...

U.S. states that have legalized sports betting have seen a rise in delinquency rates on consumer credit products and a decrease in credit scores, according to a new report from the Federal Reserve ...

Artificial intelligence is adding a new layer of uncertainty to the private credit industry. The concerns center on how deeply private credit portfolios are tied to industries most exposed to ...

The list of market voices warning of trouble in private credit is growing, with many comparing the climate to the market just ...

Credit unions present themselves as the "good guys," non-profit member-run organizations incapable of engaging in predatory financial services. While this is true for many, my research has uncovered ...

The Gabelli Dividend & Income Trust preferred shares (GDV.PR.K, GDV.PR.H) offers a rare Aa3 Moody’s rating and stable yields near 6%. In today’s volatile market, GDV preferreds provide higher ...

Before a rating is issued, a country’s credit story must be constructed. Fiscal data must be gathered, reform trajectories ...

Some taxpayers who bought electric vehicles in 2024 had trouble claiming the tax credits because of bad paperwork. Auto dealers group announced an IRS change that will enable dealers to fix EV tax ...