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Student Loans: Former Ashford University Students Get $72 Million in Debt Discharged

The Education Department is discharging $72 billion in student loans for over 2,300 former students who attended Ashford University after the department found the online for-profit school made

UBS: Hurricane Idalia Could Cost Insurers $9.36 Billion

UBS expects Hurricane Idalia to result in insured losses of $9.36 billion based on preliminary estimates, the brokerage said in a note on Wednesday, as destructive winds and rain lashed coastal

Iowa Reimposing Grain Fee After High-Profile Dealer Failures

A fee of a quarter-cent per bushel on initial grain sales is poised to go into effect Friday to rebuild a state fund that protects farmers from dealer and warehouse failures, the Des Moines Register

Dallas-Area Hospital Files Bankruptcy Two Years After Opening

Trinity Regional Hospital Sachse, a full-service hospital and emergency room near Dallas, filed for bankruptcy with plans to sell itself just two years after opening, Bloomberg News reported. The

University of Oregon’s Hometown Set to Lose Only Hospital

Oregon’s third-largest city is about to lose its only hospital as PeaceHealth announced last week its plan to shutter University District hospital because of underutilization, Bloomberg News reported

Genesis, DCG Reach In-Principle Deal with Creditors

Genesis Global and its parent company, Digital Currency Group (DCG), have reached an in-principle agreement with Genesis' creditors to resolve claims brought during the crypto lender's bankruptcy, a

TV Azteca to Negotiate With Creditors After Scolding by U.S. Judge

TV Azteca SAB agreed to negotiate with U.S. bondholders owed $400 million after a U.S. judge warned the second biggest broadcaster in Mexico that it could be forced to participate in a bankruptcy case

Furniture Store Mitchell Gold + Bob Williams Is Shutting Down

Mitchell Gold + Bob Williams, which grew from a small North Carolina-based upholstery maker to a national retail furniture chain, is shuttering operations, citing weak sales and trouble securing

Analysis: Delinquencies Rise for Credit Cards and Auto Loans, and It Could Get Worse

More Americans are falling behind on their car loan and credit card payments than at any time in more than a decade, a troubling signal of consumer stress as higher prices and rising borrowing costs

U.S. Banks to Raise $70 Billion in Debt Under Draft Rules Aimed at Mitigating Failures

Large regional banks would have to issue roughly $70 billion in fresh debt under a new rule proposed Tuesday by U.S. banking regulators, part of a broader effort to bolster the resilience of the