The financial sector faces a disconnect—strong 2025 results and 2026 optimism contrast with XLF’s underperformance YTD. Read ...

Christopher Drake, 39, has made a nice career for himself as a process engineer. But he isn’t where he’d like to be at this point in his life and career due to what he says are “broken promises” from ...

Car buyers are running into a hard truth: new vehicles cost far more than they did just a few years ago, and increased monthly payments have followed. To keep those payments down, some borrowers are ...

A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like them should try. By Tara Siegel Bernard Student loans have long been ...

Around 5 million Americans have defaulted on student loan payments. Millions of student loan borrowers who are severely delinquent in their payments will see wage garnishments hit their paychecks in ...

The Trump administration will start garnishing the wages of student loan borrowers in default in early January, a spokesperson for the U.S. Department of Education confirmed to CNBC on Tuesday. More ...

More than $900 million in Federal Emergency Management Agency (FEMA) grants and loans are awaiting Homeland Security Secretary Kristi Noem’s approval under her controversial policy of personally ...

Typically, private credit firms go up against banks to pitch companies on a debt package and one winner emerges. But with competition fierce, direct lenders have created a new tactic to snag deals.

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Cesc Fabregas is widely considered as one of the most interesting young managers around Europe and it's easy to imagine that many of the top European clubs will try to hire him in the near future, ...

Distressed funds are buying up bankrupt First Brands Group’s top-ranking loans after an unexpected and sharp selloff, joining the core creditor group driving the auto-parts seller’s bankruptcy. King ...