Topic
credit
60 stories related to this topic, newest first.
yna.co.krworld8 hrs ago
Creditor agrees to provide 200 billion won to Homeplus
The main creditor of Homeplus Co. decided Thursday to extend 200 billion won in new funding. The retailer had temporarily closed outlets earlier this week after a court ended its rehabilitation proceedings.
The Sydney Morning Heraldfinance9 hrs ago
Australian Banks Cut Credit Card Rewards Ahead of Surcharge Ban
Several banks are reducing points-earning rates, raising fees, and limiting lounge access on credit cards issued under white-label programs. The changes take effect October 1 when a Reserve Bank ban on merchant surcharges begins.
zerohedge.comworld19 hrs ago
Survey Finds 8.7% of U.S. Adults Used Credit Cards for Groceries They Could Not Repay in 2025 as Some Food Prices Fell
An Urban Institute survey of working-age adults showed increased reliance on credit cards and other borrowing for food purchases. Household debt reached $18.8 trillion in early 2026 while bankruptcy filings rose 12 percent. Price data indicated mixed changes in staple costs over…
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news.sky.combusiness1 day ago
Thames Water CEO seeks clarity from incoming prime minister on funding plans
The chief executive of Thames Water said the company has funding until October and is seeking creditor support to extend it into 2027. He called for clarity from the incoming prime minister on future government policy for the water sector.
americanbanker.compolitics1 day ago
Republicans Request VA Review of VFW Advocacy on Veterans Bill
House Veterans' Affairs Committee Chairman Mike Bost and Representative Jack Bergman asked the Department of Veterans Affairs to examine whether the Veterans of Foreign Wars complies with accreditation standards. The request follows the group's campaign against parts of the Take…
hollywoodreporter.combusiness1 day ago
California lawmakers seek film tax credit exemption from $5 million corporate cap
More than three dozen state legislators sent a July 11 letter urging Gov. Gavin Newsom to exempt the film and TV tax credit program from a new corporate tax credit cap in the $351.7 billion state budget. The measure extends a $5 million limit through 2029 and sets a permanent cap…
Fortuneai1 day ago
C.H. Robinson Reports 45 Percent Productivity Gain After Deploying In-House AI Agents and Not Replacing Some Departing Staff
The 120-year-old logistics firm reported double-digit earnings-per-share growth since 2023 even as revenues fell 34 percent. CEO Dave Bozeman credited hundreds of internally built AI agents for the results.
screenrant.compolitics2 days ago
BlueGreen Alliance Report Links 223 Project Cancellations to End of EV, Wind, and Solar Tax Credits
Washington Examiner reported that a Tuesday analysis from BlueGreen Alliance found 223 manufacturing, clean energy and industrial projects canceled or stalled after President Donald Trump signed the One Big Beautiful Bill Act in July 2025. The legislation ended electric vehicle t…
nypost.compolitics2 days ago
HUD Secretary Turner Praises Florida, Texas, Philadelphia, and Omaha on Housing Efforts
Scott Turner credited Florida and Texas with strong progress during an interview with Fox News Digital. He also noted collaboration in Philadelphia and Omaha. Turner linked the gains to reduced regulatory barriers under the Trump administration.
screenrant.comai2 days ago
Royal Bank of Canada Expands Credit Derivatives Trading in US and Europe
@business reported that Royal Bank of Canada is growing its credit derivatives operations on two continents. The bank links the move to expected hedging demand from large-scale artificial intelligence investments.
americanbanker.compolitics3 days ago
U.S. Regulators Tell Banks to Review Lending to Immigrants Without Work Permits
Three federal agencies on Monday urged banks to review credit risks for mortgages, auto loans and credit cards issued to immigrants lacking U.S. work authorization. The move follows a May executive order from President Trump directing regulators to address such lending.
wealthmanagement.comworld3 days ago
Gemcorp Closes $20 Million Private Credit Deal in Saudi Arabia
Emerging markets asset manager Gemcorp closed its first direct lending transaction in Saudi Arabia. The Shariah-compliant facility will fund procurement and financing services for small businesses through SILQ.
legalinsurrection.comscience3 days ago
Pentagon Halts Reviews for 155 Onshore Wind Projects Citing Radar Interference with Drone Detection
The Defense Department has paused reviews for projects totaling 44 gigawatts in 24 states for nearly a year. Developers report $2 billion in added costs and missed federal tax credit deadlines.
news.google.comworld2 days agoUpdated
Stellantis Reports 10% Rise in Second-Quarter Vehicle Shipments to 1.6 Million Units
Stellantis said preliminary second-quarter vehicle shipments rose 10% from a year earlier to nearly 1.6 million units. The company credited strong growth in North America, its most important market. No brand or regional breakdown or updated annual guidance was provided.
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news.sky.comworld3 days ago
NOAA Approves Transfer of 30 Beluga Whales from Closed Ontario Park to U.S. and Spanish Aquariums
The National Oceanic and Atmospheric Administration approved an emergency plan last week to move the animals to accredited facilities. Twenty-eight whales will go to four U.S. aquariums and two will go to Spain. The park had threatened euthanasia if no transfer was approved.
news.sky.combusiness5 days ago
Parliamentary committee urges higher Universal Credit for 66-year-olds
A parliamentary committee has recommended increasing Universal Credit for people aged 66 while the state pension age rises to 67. The proposal aims to address financial hardship for those unable to continue working.
crowdfundinsider.comfinance6 days ago
Fed Report Notes Higher Private Credit Redemptions, Stagnant Housing, and Strong Factory Output in Q1
A Federal Reserve report detailed increased redemption requests in some private credit vehicles during the first quarter alongside stagnant housing activity. Manufacturing output strengthened from AI-related data center spending while foreign growth remained subdued.
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thewalrus.capolitics6 days ago
NSW Court Pauses Christian Brothers Abuse Cases to Allow Property Sales for Creditors
The NSW Supreme Court last week halted current and future claims against the order. The Christian Brothers had declared last month it could no longer meet survivors' claims and proposed selling its 36 remaining properties.
coindesk.combusiness5 days agoUpdated
Metaplanet Explores Bitcoin-Backed Credit Products but Has Made No Decisions on Terms
The Tokyo-based firm is examining tokenized credit instruments collateralized by its 43,000 BTC holdings. Partners include JPYC and Progmat, with Siiibo Securities set to join after its July 13 rename.
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japantimes.co.jpworld7 days ago
Zentoshin Files for Bankruptcy with ¥115 Billion in Creditor Claims
Osaka payments firm Zentoshin filed for bankruptcy this week after years of suspected falsified statements. Regional banks and lenders hold the bulk of ¥115.16 billion in claims.
Japan Timesbusiness7 days ago
National Police Agency to Receive Fraud Data from Mercari, LY and Rakuten under New Agreement
Japan's National Police Agency signed an agreement on July 9 with three major e-commerce operators to exchange information on fraudulent transactions. The pact covers credit card data, merchant accounts and shipping addresses across their shopping and auction services.
cnbc.comworld7 days ago
Blue Origin Seeks $10 Billion Outside Capital at $130 Billion Valuation
Jeff Bezos’ Blue Origin is pursuing its first external funding round after SpaceX completed an $86 billion IPO. Chinese banks are also expanding credit to the country’s commercial space firms. A US lobbyist noted the United States retains the strongest position but faces faster C…
The Vergetechnology7 days ago
Samsung Offers $30 Credit Toward Accessories for Galaxy Z Fold Preorders
Samsung will provide a $30 store credit to customers who register interest in its next foldable phones and then preorder after the July 22 announcement. The credit applies only to accessories or services such as earbuds and Samsung Care Plus.
Fox Newspolitics7 days ago
Maryland Governor Praises New Federal Child Savings Accounts
Maryland's governor credited the administration with enacting a program that deposits $1,000 into investment accounts for U.S. citizen children born 2025-2028. He called the policy a useful tool for addressing child poverty and the racial wealth gap while criticizing other provis…
kpbs.orgbusiness8 days ago
Health Insurers Propose 14% Median ACA Premium Increase for 2027
KFF analysis of filings from 77 insurers shows a median 14% rise in proposed premiums. The increase follows the end of enhanced tax credits and enrollment declines in 2026.
world8 days ago
Japan's Largest Corporate Bankruptcy of the Year Hits Credit-Card Processor and Its 200,000 Merchants
Zentoshin, which served 200,000 shops, filed for bankruptcy on Monday. The filing marks Japan's largest corporate bankruptcy this year and will force writedowns at five regional banks.
livemint.compolitics8 days ago
U.S. pastor released from Chinese prison after Trump raised case with Xi
A U.S. pastor jailed since October 2025 arrived back in the United States on Friday after President Trump discussed the case during a meeting with Chinese leader Xi Jinping. Congressional Republicans credited the release to the president’s intervention, while some Democrats also…
aws.amazon.comworld9 days ago
Amazon Issues $25 Billion in Bonds
Amazon sold another $25 billion in bonds. The sale follows earlier credit pressure in the hyperscaler sector during late 2025 and March 2026.
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retailtimes.co.ukfinance8 days agoUpdated
Bank of England issues July stability report on leverage and cyber risks
The Bank of England’s Financial Policy Committee said the UK financial system remains resilient despite higher equity leverage, stretched AI valuations, and Middle East conflict effects. Energy prices rose then fell after a US-Iran memorandum, while private credit and sovereign d…
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abcnews.go.compolitics9 days ago
Trump Says U.S. Has Good Ties With New Syrian Leader He Approved
President Trump credited himself and the president for supporting Syria's new leader. He described the leader as having united the country despite some criticism of his toughness.
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espn.comworld9 days ago
UK Online Gamblers Face Financial Risk Checks Above £1,000 Daily Spend
The Gambling Commission will require assessments for high-spending online gamblers starting at elevated thresholds before lowering them. The measures draw on credit data to identify financial harm risks without affecting credit scores.
cnbc.comfinance9 days ago
Savings app raises $65 million after reaching $1.2 billion valuation
The Toronto-based company reported $200 million in net revenue and turned profitable. It offers members hotel discounts, cashback, prescription savings, cash advances, and credit tools for a $15 monthly fee.
matcha-jp.comworld9 days ago
Osaka court approves bankruptcy filing by credit card processor Zentoshin
Zentoshin, an Osaka-based firm that advanced sales proceeds to credit card merchants, received court approval to begin voluntary bankruptcy proceedings. The company listed liabilities of about ¥125,929 million, the largest bankruptcy filing in Japan this year.
CoinDeskbusiness9 days agoUpdated
Strategy Executes $1.25B Bitcoin Monetization Program, Retains Over 99.5% of Holdings
Strategy sold 3,588 bitcoin between June 29 and July 5 for $216 million. The company used the proceeds to pay dividends on its digital credit securities and replenish its cash reserve. It now holds 843,775 bitcoin and a $2.55 billion U.S. dollar reserve.
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abcnews.go.compolitics10 days ago
Lincoln Reflecting Pool cleared of algae using nanobubbler technology
Officials credited advanced nanobubbler technology and National Park Service work for clearing the 6.75 million-gallon pool. Surveillance footage led to a Destruction of Government Property investigation after vandalism caused multiple gashes.
benzinga.comfinance11 days ago
UK Benefits Fraud from Undisclosed Assets Hits Record £1.325 Billion
Claimants concealed savings and extracted £1.325 billion from the welfare system last year, up more than a third from 2021-22. Universal Credit accounted for £1.04 billion of the losses.
finance12 days ago
Automakers End or Delay Several Electric Vehicle Models in 2026
Hyundai, Kia, and other manufacturers have discontinued or postponed U.S. sales of multiple electric vehicle models this year. The changes follow the end of a federal tax credit and declining EV deliveries.
wealthmanagement.comworld12 days ago
Investors Requested $15.6 Billion in Private-Credit Fund Withdrawals in Second Quarter
Investors asked to pull $15.6 billion from private-credit funds during the April-June period. Fund managers met $5.9 billion of those requests.
abcnews.go.compolitics13 days ago
Supreme Court ruling on presidential removal power faces test at credit union agency
Two members of the National Credit Union Administration board filed new arguments Thursday seeking to block their terminations. The filings cite the agency's structure as comparable to the Federal Reserve.
teslarati.comfinance14 days ago
Tesla Deliveries Rise 25 Percent in Second Quarter
The company recorded stronger sales in Europe and China that offset weaker U.S. results after federal EV tax credits ended. Overall deliveries increased 25 percent compared with the same period last year.
world14 days ago
Principal Asset Management Plans Sharia-Compliant US Private Credit Fund for Gulf Investors
The Iowa-based firm that manages more than $590 billion is developing a fund to lend to US businesses while meeting Islamic finance rules. It will partner with a Saudi institution and begin fundraising later in 2026.
cnbc.comtechnology14 days ago
Automaker Slate Adopts Lower-Cost Battery Chemistry After U.S. EV Tax Credit Repeal
Michigan-based Slate unveiled a base-model electric truck priced under $25,000 that uses lithium iron phosphate batteries assembled in Illinois. The repeal of federal EV tax credits removed domestic-sourcing requirements that had previously limited use of the chemistry.
Substrate placeholder — needs reviewfinance15 days ago
Trump Says Billion-Dollar Crypto Earnings Came From Unnamed Advisers
President Donald Trump said Wednesday he played no role in more than $1 billion in cryptocurrency earnings disclosed in his financial filings. He credited stock market gains and institutional managers for the returns while traveling to North Dakota.
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The Vergetechnology15 days ago
FTC and Amazon settle identity-theft assistance claims for $2.25 million
The Federal Trade Commission fined Amazon $2.25 million to settle claims that the company failed to help identity theft victims obtain records of fraudulent purchases. The action addresses violations of the Fair Credit Reporting Act.
news.sky.comfinance16 days ago
Pension Credit Applications Fell 36 Percent Year Over Year While Payment Rates Rise in April 2026
GB News reported a sharp decline in Pension Credit claims based on DWP data analyzed by Which?. Applications dropped from 326,842 to 209,735 over the latest 12-month period.
americanbanker.comfinance16 days ago
Crypto-Backed Lending Totals $67 Billion After 2022 Failures, Ledn Issues First Rated Bitcoin ABS
Silicon Valley Bank reported that bitcoin lending has grown to $67 billion after shifting toward overcollateralization and transparency following 2022 failures. Ledn issued the first investment-grade BTC-backed security for $188 million. Several major U.S. banks now offer bitcoin…
winnipegfreepress.comsports17 days ago
Aaron Rai Wins PGA Championship One Week After Fifth-Place Finish at Myrtle Beach
The 31-year-old Englishman credited his contention at the ONEflight Myrtle Beach Classic for aiding his victory at Aronimink. Rai discussed the result and the PGA TOUR's planned 2028 two-series structure ahead of the Travelers Championship.
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coindesk.combusiness17 days ago
Ripple proposes XRPL lending protocol for institutions; approval by validators still required
Ripple has proposed an XRPL Lending Protocol that would let institutions borrow against tokenized assets on the XRP Ledger. The system automates loan mechanics on-chain while keeping credit decisions with human underwriters off-chain. Testing on a development network begins Monda…
TechCrunchtechnology17 days ago
Pocket Raises $11 Million for Credit Card-Shaped Meeting Recorder
The startup has sold more than 130,000 units of its $129 device since last year. It offers free basic transcription and a $200 annual plan for advanced AI features.
CoinDeskbusiness17 days ago
Strategy Adopts Digital Credit Framework With $2 Billion Buybacks and 12% Dividend
Strategy approved a Digital Credit Capital Framework on June 29 authorizing up to $1 billion each in preferred securities and Class A common stock repurchases. The company also raised its preferred stock dividend rate to 12 percent effective July 1.
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bbc.co.uksports17 days ago
Hampshire bowler Sonny Baker credits teammate mentorship ahead of England T20 series
The 23-year-old fast bowler reflected on guidance received while making his Test debut and returning to domestic T20 cricket. He is named in the squad to face India after taking two wickets in a recent Blast match.
news.sky.comfinance17 days ago
UK Mortgage Approvals Fall to 56,200 in May While Consumer Credit Growth Edges Higher
Approvals fell short of the 63,000 estimate and the prior 65,900 reading. Net lending on dwellings and consumer credit also came in below expectations.
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cnbc.comfinance17 days ago
U.S. consumer credit rose $25 billion in March to record $5.14 trillion
Total consumer credit increased by $25 billion in March, reaching a new high of $5.14 trillion. Revolving credit rose $10 billion and non-revolving credit rose $15 billion.
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yardbarker.comsports18 days ago
Wyndham Clark Says Connecticut Fans Cheered Him at Travelers Championship After New York Heckling at U.S. Open
Clark won the U.S. Open at Shinnecock Hills one week earlier amid open fan opposition. He opened the Travelers Championship with a 68 and credited improved fan support in Connecticut.
Techcrunchtechnology18 days ago
NPCI Chief Says AI Could Aid UPI Growth While Market-Share Cap and Low BHIM Share Remain
@techcrunch reported that Dilip Asbe, MD and CEO of the National Payments Corporation of India, discussed AI applications for UPI growth during Mumbai Tech Week 2026. He addressed user acquisition, fraud detection, credit access, and voice interfaces. UPI currently processes over…
hackster.iopolitics18 days ago
U.S. Solar Output Hits Record While Offshore Wind Projects Face Federal Pushback
Solar supplied 12.8 percent of U.S. electricity in May while coal fell to 12.2 percent. Federal actions have halted eight offshore wind projects and ended a residential solar tax credit.
interestingengineering.comworld18 days ago
World's Largest Particle Accelerator to Shut Down for Four Years Starting Monday
The facility credited with confirming the Higgs boson will pause operations to raise collision rates and expand dark matter research.
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finance.yahoo.compolitics19 days ago
ACA Marketplace Enrollment Falls 13 Percent in 2026 as Enhanced Subsidies Expire and Initial Sign-ups Drop One Million
The Department of Health and Human Services reported that five million people dropped Affordable Care Act coverage for 2026. Enrollment declined after enhanced premium tax credits expired and average premiums doubled.
The Guardiansports19 days ago
England opener credits weight loss and fitness work for recent Test runs
Ben Duckett said he lost about 6 kg after adopting a new fitness regime that included running for the first time. He scored 113 in the third Test against New Zealand after a four-week period away from the nets.
Yonhapworld19 days ago
South Korean Ambassador Speaks at Korean War Veterans Memorial on 76th Anniversary
Ambassador Kang Kyung-wha spoke at the Korean War Veterans Memorial on the 76th anniversary of the 1950-53 conflict. She credited veterans with laying the foundation for the U.S.-South Korea alliance while noting North Korea's growing nuclear threat.