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Relief rally in bank stocks continues as Supreme Court defers loan moratorium hearing to October 13
Bank stocks continue to rally after the Supreme Court gave the Central Government, the Reserve Bank…
Trump fraud verdict takes a swipe at Ivanka, though she was no longer a target in the case
Ivanka Trump took the witness stand in the fraud trial and claimed she had a tough time remembering.
Jacob Shamsian,Laura Italiano
Trump's big NY fraud verdict won't come until next week: source
Arthur Engoron, the judge in Donald Trump's civil New York fraud case, is expected to issue a verdi…
Laura Italiano,Jacob Shamsian
Loan moratorium still ends on Aug 31 while Supreme Court gives the government another week to clarify if accrued interest should be waived
The government has another week to decide whether interest that loans built up during the last six …
Jury awards E. Jean Carroll $83 million verdict from Donald Trump defaming her
E. Jean Carroll's defamation trial against Donald Trump ended Friday. The jury's verdict ordered Tr…
Jacob Shamsian
Trump fraud-trial witness's possible perjury is 'hardly surprising,' NY argues in fighting a possible verdict delay
A Trump witness's possible perjury is no big deal and shouldn't delay a fraud-trial verdict, a lawy…
Laura Italiano
Ivanka Trump's spotty memory called 'suspect' by judge in fraud trial verdict, even though she was dismissed from the case
Ivanka Trump testified in the NY civil fraud trial and claimed she had a tough time remembering. Ju…
Jacob Shamsian,Laura Italiano
Same sex marriages are still not legal – A look at the financial rights of LGBTQ couples
In a recent verdict, the Supreme Court refused to give legal recognition to same sex marriages and …
The Trump fraud trial verdict goes well beyond ordering the ex-president to pay $355 million. Here's what the ruling means.
Letitia James says Trump and his codefendants have to pay more than $450 million. Understand how th…
Laura Italiano,Jacob Shamsian
India's banking stocks are on fire after top court allows them to call out bad loans
Indian banks are rallying on the stock market after the Supreme Court’s judgement on the loan morat…
NY's Letitia James takes a Trump verdict victory lap after her often bizarre, 5-year war of words with Trump
"The scale and the scope of Donald Trump's fraud is staggering," James told reporters. "And so, too…
Laura Italiano
Donald Trump can't dodge his NY fraud verdict by moving Trump Org or giving it to, say, Ivanka: experts
Experts walk us through the Grinchiest scenarios and explain why Trump can't just transfer his comp…
Laura Italiano
Loan repayments will become due starting today — here are the options that borrowers have
The Reserve Bank of India’s (RBI) six-month moratorium came to an end on August 31, and payments ar…
India's most wanted borrower Vijay Mallya gets sentenced to 4 months in jail
The Supreme Court on Monday awarded four-month sentence to fugitive businessman Vijay Mallya in a c…
PTI
Analysts expect no surprises from Axis Bank in the second quarter — loan growth and collections to be slow
Axis Bank, India’s third-largest private sector lender after HDFC Bank and Kotak Mahindra, isn’t ex…
SC directs govt to implement its decision to forego interest on eight categories of loans
The eight categories of loans are MSME (Micro, Small & Medium Enterprises), Education, Housi…
PTI
A major student-loan lender just asked a federal court to end the payment pause and return borrowers not eligible for Biden's broad relief back into repayment 'at minimum'
"The Loan Moratorium has directly harmed SoFi's federal loan refinancing business," the lender wrot…
Ayelet Sheffey
A conservative group just asked a federal court to end the student-loan payment pause immediately — partly because 'some junior associates at major law firms saw their six-figure salaries increase' during the pandemic
Nonprofit Mackinac Center sued to throw student-loan borrowers back into repayment last month. Now …
Ayelet Sheffey
RBI may extend moratorium on loans by another 3 months
"All commercial banks (including regional rural banks, small finance banks and local area banks), c…
PTI
SC seeks reply of Centre, RBI on plea of CREDAI on loan moratorium
On March 27, RBI had issued slew of measures to check financial impact of the nationwide lockdown …