Unbiased AI-powered news
60 stories related to this topic, newest first.
espn.co.ukManchester City has sent midfielder Sverre Nypan to Belgian club Lommel SK on a season-long loan. The move places the 19-year-old Norwegian at the second-division side for the 2026-27 campaign.
cnet.comFreddie Mac reported the average U.S. 30-year fixed-rate mortgage increased to 6.49 percent in the week of July 9 from 6.43 percent the previous week. The weekly survey tracks lender offerings for new home loans.
Al JazeeraAl Jazeera reported that 500,000 Russians filed for bankruptcy in 2025 amid rising bad loans and a slowing economy tied to the war in Ukraine. Russia's Ministry of Economic Development lowered its 2026 GDP growth projection. Experts assess that a full banking crisis remains unlik…
YonhapMajor commercial banks on July 8 offered low-interest loans and rate discounts to suppliers of Homeplus Co. The measures follow the Seoul Bankruptcy Court's decision last week to terminate the retailer's rehabilitation proceedings.
themandarin.com.auThe Treasury Select Committee published findings Tuesday accusing the Department for Education of misleading communications on Plan 2 loans. The report cited comparisons to low-cost items and failure to disclose possible changes to terms.
channel4.comA parliamentary report criticizes government promotions of student loans and calls for reversal of a repayment threshold freeze. The findings draw on evidence from borrowers and prior investigations.
cnbc.comA cross-party group of MPs urged the next Treasury chief to end a three-year freeze on repayment thresholds for Plan 2 student loans. The Commons Treasury Committee said the policy amounts to mis-selling and adds financial pressure on younger borrowers.
New York PostA new rule effective July 1 ends federal student loans for degree programs whose graduates earn below the average high-school wage in their state. The change stems from a provision in the Big Beautiful Bill and affects roughly 800 programs enrolling 40,000 students each year.
sbs.com.auGovernment data show one in three new loans went to borrowers above the former income limits. First-home buyer numbers rose 3% in the six months after the change.
YonhapSamsung Electronics plans to restrict its employee housing loan program to smaller residences in the greater Seoul area and six major cities. The move accompanies consideration of uniform 500 million won loans for all qualifying workers.
channel4.comBritish teenagers living in the EU will lose eligibility for domestic university fees and government loans starting in 2028. The change ends a post-Brexit grace period and requires three years of UK residency before courses begin.
Luca Catalano took out two new loans on a Wategos Beach parcel in May and June. The site forms part of a planned family compound that received court approval in early June.
israelnationalnews.comThe package totals 1.6 billion shekels and targets technology companies and export-oriented businesses. It includes grants, loans, and tax benefits to offset higher operating costs.
cnbc.comBorrowers taking out new federal student loans on or after July 1, 2026, face new repayment plans, borrowing caps, and an interest-rate reduction for auto-pay users. Existing borrowers retain prior plans except those enrolled in the SAVE plan, who must switch within 90 days.
Borrowing caps and reduced repayment choices for parents, undergraduates and graduate students begin Wednesday. The changes alter how families and students access and repay federal education loans.
A federal judge on Tuesday blocked U.S. Education Department rules set to start the next day. Lawsuits from more than 20 states and other groups challenged the changes. The program has canceled loans for over 1 million borrowers since 2007.
Outstanding household loans at the country's five largest banks reached 774.96 trillion won as of June, the largest monthly increase in 11 months.
winnipegfreepress.comA federal judge blocked the Education Department's narrow definition of professional degrees, allowing more graduate programs including nursing to access up to $50,000 in annual federal loans. The ruling affects borrowing limits set by the One Big Beautiful Bill Act that took eff…
abcnews.go.comA bipartisan measure would lower rates on new and existing federal student loans to 2 percent and refinance them automatically through the Department of Education. The bill has been referred to the House Rules Committee. Supporters say it would ease repayment burdens for millions…
americanbanker.comRegional banks have begun providing loans backed by companies' intangible assets and recovery prospects under a May 2026 law. Toho Bank, North Pacific Bank and Shimizu Bank each extended financing to local firms after evaluating technical expertise, scenic assets and environmenta…
ZeroHedgeThe United States and Canada have each unveiled plans to construct ten new nuclear reactors. The moves include U.S. federal loans requiring utility contributions and a Canadian goal to double grid capacity by 2050. They follow a decade in which China added 34 gigawatts of nuclear…
theconversation.comA federal law effective July 1 limits annual graduate student loans for nursing programs to $20,500. The cap is less than half the amount available to students in several other health professions.
NprThe Education Department will enforce annual and lifetime limits on graduate student borrowing next month after Congress ended the Grad PLUS program. The policy change seeks to restrain college prices, though economists differ on its likely effect.
opindia.comOutstanding loans from private money lenders reached 13.14 trillion won as of end-December, up 685 billion won from six months earlier, Yonhap reported. Borrower numbers increased while registered lenders declined, according to Financial Supervisory Service data released Sunday.
@CoinDesk reported that Tether is broadening applications for its gold holdings. Crypto lender Ledn will support the XAUT tokenized gold product. Gold-backed loans using the token are planned for later in 2026.
forbes.com@Forbes reported that U.S. District Judge Beryl Howell issued a stay on June 25, 2026, preventing the Education Department from applying a narrowed definition of professional degrees. The order halts implementation of new federal graduate student loan limits scheduled for July 1.
The GuardianNew annual limits of $20,500 on federal graduate loans begin 1 July. Groups representing physician assistants say the caps fall below median program costs and may deter applicants.
nationalpost.comA Department for Education-commissioned study shows one in four graduates lose money over their lifetimes after accounting for student loans and taxes. Average lifetime earnings rise by roughly £100,000, but results vary sharply by subject.
Republican Rep. Anna Paulina Luna and Democratic Rep. Jared Moskowitz said they will seek a floor vote on legislation that would lower the interest rate on federal student loans to 2%. The two Florida members appeared on CNN to outline the bipartisan effort.
Applications for home loans increased 1.0 percent for the week ending June 19. The average 30-year mortgage rate edged down to 6.59 percent from 6.60 percent the prior week.
foxnews.comThe Energy Department will provide five low-interest loans to utilities for two-reactor projects using Westinghouse Electric Co.'s AP1000 design. Officials said the program aims to shorten construction timelines by up to three years.
nypost.comThe One Big Beautiful Bill Act, passed by Congress in 2025, imposes new annual and lifetime borrowing limits on graduate and Parent PLUS loans starting July 1, 2026. Existing repayment plans are consolidated while the SAVE plan ends and two new options launch.
The agreement permits Labor's housing tax measures to advance in exchange for an extended NDIS inquiry. Self-managed super funds will lose the ability to borrow for property purchases. A Senate vote is scheduled for 25 June.
The HillThe bill expands rural investments and farm loans while avoiding pesticide and animal confinement disputes. It also excludes the Save Our Bacon Act and does not alter upcoming state SNAP cost requirements.
whowhatwhy.orgThe Department of Energy issued conditional loan commitments for five projects to procure long-lead items for large reactors. Energy Secretary Chris Wright also outlined timelines for restarting three existing plants.
pymnts.comThe Department of Education announced a temporary reduction in federal student loan interest rates by 1 percent beginning July 1. A survey of 1,005 graduates found most credit loans for completing college yet report delays in retirement savings and home purchases. The move follow…
nbcnews.comThe temporary reduction applies to Direct Loans issued after July 1, 2012, and runs from July 1 through June 30, 2028. Borrowers must enroll in automatic payments and, in some cases, consolidate loans to qualify.
nbcnews.comThe temporary reduction applies to Direct Loans issued after July 2012 for borrowers in or signing up for autopay. Delinquencies reached 10.3 percent in the first quarter.
foxnews.comThe temporary reduction runs from July 1, 2026, through June 30, 2028, and covers loans issued after July 1, 2012. It applies only to borrowers already enrolled in autopay or who sign up for it.
The Boston GlobeThe temporary discount begins July 1 and runs through June 30, 2028. It replaces the prior 0.25 percent rate reduction for borrowers who enroll in automatic payments.
ForbesConnecticut and Minnesota introduced state-backed graduate loans this month with fixed rates starting at 5.50% and 5.73%. The programs aim to replace a federal borrowing channel that closes on July 1.
Substrate placeholder — needs reviewEngland is considering a policy that would require at least one GCSE pass to qualify for student loans. The change could exclude around 33,000 students annually and reduce university revenue by more than £200 million each year.
cnbc.comThousands of borrowers were notified this week that their federal student loans will be discharged under the Sweet v. McMahon settlement agreement.
The Student Loans Company is attempting to locate more than 42,000 former European students who left without repaying loans totaling £893 million. The government-owned company has contacted authorities in other countries to trace the borrowers.
thecanary.coFederal funding and regulatory programs provided early capital and revenue to SpaceX and Tesla before either company reached profitability. Data show grants, loans, and emissions credit sales together exceeded $15 billion across both firms.
Substrate placeholder — needs reviewClient trading reached a record while sweep cash rose 20 percent and total client assets climbed 27 percent. William Blair said the figures point to stronger spread income and support bullish earnings momentum.
smallbiztrends.comThe Small Business Administration stopped approving loans to firms without full U.S. citizen ownership in March 2026. The change affects legal permanent residents who previously qualified for the program.
ai-cio.comKevin Marchetti said floating-rate middle-market loans will benefit from benchmarks above 4% inflation. Redemption limits at Blackstone and Partners Group reflect what he called sector growing pains.
foxnews.comThe White House sent the nomination of Brian Johnson of Ohio to the Senate on June 10, 2026, to serve a five-year term as Director of the Bureau of Consumer Financial Protection. The move installs a permanent director at the agency that oversees consumer protections for mortgages…
CoinDeskEquipment-financing lender Trad.Fi will work with AI developer W3 to place $650 million in U.S. equipment loans on public blockchain rails over four years.
fortune.comThe nonprofit begins a consumer campaign Monday that ties purchases at three major companies to water-access loans. More than 2 billion people lack safe water at home.
More than 60 Democratic members of Congress called on the Education Department to grant debt relief to borrowers already approved under existing programs. The request also seeks an extension of the pause on involuntary collections and a halt to the transfer of defaulted loans to…
The move routes defaulted borrowers through the Treasury's Cross-Servicing program, which relies on private contractors. More than 10 million borrowers are in default or delinquency.
Breaking DefenseThe legislation authorizes $8 billion in military financing loans, extends security assistance through 2027, and imposes new sanctions on Russia before moving to the Senate.
ABC NewsThe measure provides $5 billion in security assistance and $8 billion in loans, extends a Pentagon procurement program, and adds sanctions on Russian entities. It now moves to the Senate.
foxnews.comThe U.S. House of Representatives approved a procedural motion on June 3 to advance the Ukraine Support Act. The bill would authorize new military financing loans, extend an existing security assistance program, and expand sanctions on Russia.
rte.ieThe Federal Reserve System documented a modest increase in U.S. loan delinquencies across consumer, commercial, and residential real estate categories in 2025. Overall loan growth remained steady and banks stayed well-capitalized.
pbs.orgThe One Big Beautiful Bill Act, signed by President Trump in 2025, introduces new annual and lifetime borrowing limits and reduces repayment options for federal student loans starting July 1, 2026.
The share of U.S. consumer loans at least 30 days past due rose to 4.8 percent in the first quarter of 2026, the highest level since 2017.
pbs.orgThe Education Department is reviewing a proposal that would bar federal student loans from undergraduate and graduate programs whose typical graduates earn below set thresholds. Thousands of programs could lose eligibility if the rule is finalized.