Payments

World

How (and Why) We Calculated the Value of Haiti’s Payments to France

Last June, when we were well into our investigation into Haiti’s payments to their former French slave masters, our trail…

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Business

7 Million Bad Student Loans With No Way Out, for Anyone

With 45 million borrowers owing it a total of $1.6 trillion, the federal Education Department is effectively America’s largest consumer…

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World

U.S. Expected to Begin Blocking Russian Bond Payments to Americans

The Biden administration is expected to begin blocking Russia from paying American bondholders next week, increasing the likelihood of the…

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Business

S&P Global Places Russia in ‘Selective Default’

S&P Global has placed Russia under a “selective default” rating after the Russian government said last week that it had…

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Business

Tax Season 2022: What to Know About Child Credit and Stimulus Payments

This year’s tax filing season is likely to be another challenging one because of pandemic-related tax changes. But the first…

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World

British Bank Makes $175 Million in Mistaken Payments

Santander UK is trying to recover about $175 million, or about 130 million pounds, that it accidentally paid tens of…

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Business

How the Student Loan Payment Restart Is Going to Work

The student loan machinery is cranking back to life. After a nearly two-year timeout, almost 27 million borrowers with federal…

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Business

A Guide to Big Changes for Public Service Loan Forgiveness

Changes that the Education Department is making to the Public Service Loan Forgiveness Program should help hundreds of thousands qualify…

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Politics

Troubled Student Loan Forgiveness Program Gets an Overhaul

The Biden administration is overhauling a student loan forgiveness program for public service employees that had become a notorious quagmire…

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Business

China Evergrande’s Shares Halted as Doubts Swirl

Shares of China Evergrande were halted on Hong Kong’s stock exchange on Monday as doubts swirled over whether the struggling…

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