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Victory Park Capital strengthens alliance with Zip

Victory Park Capital Advisors, an established credit manager and global alternative investment firm, has closed a refinancing agreement for a $225m debt facility with Zip, a renowned player in the digital retail finance and payments industries. This strategic financial collaboration is set to bolster Zip’s US receivables, marking a crucial step in the expansion of

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Biden’s Student Loan Forgiveness Plan to Cancel Up to $20,000 in Debt for Millions

25th AUG, 2022

Tens of millions of Americans will have up to $20,000 in federal student loan debt forgiven by President Biden, a move that would offer borrowers unprecedented relief but is guaranteed to face legal challenges and political backlash. The president said Wednesday that he will forgive $10,000 in federal student loan debt for borrowers earning less

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GLOBAL MARKETS-Asia stocks wobble as focus turns to U.S. inflation data, Fed outlook

9th AUG, 2022

Financial markets were concerned about ongoing global cost pressures on Tuesday, which led to a decline in Asian shares. This week, investors will be paying attention to U.S. inflation data and the possibility of further aggressive Federal Reserve rate hikes. The July U.S. consumer price report is coming on Wednesday, and the surprisingly positive U.S.

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The US is worried about a recession since inflation lowers its purchasing power.

2nd AUG, 2022

Many Americans are preparing for an economic downturn even as experts disagree on whether the U.S. is about to enter one. According to a survey by Allianz Life Insurance Company of North America, 66 percent of Americans are concerned that a significant recession is just around the corner, up from 48 percent who thought the

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After Wednesday’s session, stock futures decline as Wall Street anticipates bank earnings

14th JULY, 2022

On Thursday morning, the price of stock futures barely changed as traders anticipated the results of the biggest U.S. banks. Futures for the Dow Jones Industrial Average fell 11 points or 0.04 percent. The Nasdaq 100 futures were down 0.13 percent and S&P 500 futures were slightly lower. After June inflation data came in hotter

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Asian Stocks Up, Investors Weighed the Fed’s Determination to Tame Inflation

7th JULY, 2022

Thursday morning traders were analyzing the U.S. Federal Reserve’s June meeting minutes, which indicated the organization’s commitment to fighting inflation, and the bulk of Asia Pacific stocks was higher. Japan’s Nikkei 225 jumped 1.24% by 10:55 PM ET (2:55 AM GMT). South Korea’s KOSPI gained 1.73%. Australia, the ASX 200 rose 0.35%. Hong Kong’s Hang Seng was down 0.49%. China’s Shanghai Composite was

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European Union adopts new regulations to control the crypto-asset sector.

1st JULY, 2022

By approving a ground-breaking set of regulations for the industry, the EU has taken steps to control the “wild west” of cryptocurrency assets. On Thursday, representatives from the European Parliament and EU member states hammered out a deal that includes safeguards against market abuse and manipulation as well as a requirement that cryptocurrency companies provide

Victory Park Capital strengthens alliance with Zip

Biden’s Student Loan Forgiveness Plan to Cancel Up to $20,000 in Debt for Millions

GLOBAL MARKETS-Asia stocks wobble as focus turns to U.S. inflation data, Fed outlook

The US is worried about a recession since inflation lowers its purchasing power.

After Wednesday’s session, stock futures decline as Wall Street anticipates bank earnings

Asian Stocks Up, Investors Weighed the Fed’s Determination to Tame Inflation

European Union adopts new regulations to control the crypto-asset sector.

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