CFTC chairman Michael Selig sat down with WIRED to discuss how the agency scours Polymarket and other prediction markets for illegal activity. Now, however, the Commodity Futures Trading Commission, ...

SALT LAKE CITY — Shoppers used to use "buy now, pay later" to buy life's finer things: 4K televisions, gaming consoles, designer handbags, etc. Now, a lot more people are using short-term loans for ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Millions of Americans with student loan debt are now officially in ...

Millions of borrowers are defaulting on their student loans, and they are nearly 40 years old on average. That is nearly 2½ years older than the profile of a student-loan defaulter before the pandemic ...

This is the first story in Business Insider's new series, "Student debt spiral," examining the companies, policies, and financial pressures reshaping how Americans navigate college loans. In February ...

Barry Sternlicht’s Starwood Capital Group is staring down the barrel of another major commercial real estate default. A $265 million loan taken out in 2018 by a Starwood affiliate against a ...

OAKLAND — A century-old downtown Oakland building once known as “Radio Central” has tumbled into a loan default, a financial setback that suggests the city’s real estate ailments have yet to run their ...

That’s what legal counsel for Kalshi suggested in Massachusetts on Monday, as the prediction market operator aims to keep state regulators away from its sports event contracts. It’s hard to argue that ...

Abstract: Loan default prediction is a critical task in the financial sector, aimed at assessing the creditworthiness of borrowers and minimizing potential losses for lending institutions. Online ...

Hackman Capital Partners is in more trouble, as the Los Angeles-based studio owner adds another nine-figure default to its roster. Michael Hackman’s company defaulted on a $100 million loan on what ...

Kelly Anne has over six years of experience with reporting and editing in the personal finance space. Her work has been featured in national publications including Reader's Digest, CNBC and Forbes.

A dead weight. An albatross. The biggest regret of her life. Dottie Orzechowski has never known adulthood without student loan payments. After working as a health and physical education teacher at a ...