Financial

U.S. pauses collections from 1.14M student loans default

Bloomberg The World Economy Is Suddenly Running Low on Everything (Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, go on the rebound, it’s companies furiously trying to stock up. Mattress producers to car manufacturers to aluminum foil …

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Personal credit activity continues to improve in January-March: HDFC

Mortgage lender HDFC Ltd said on Saturday that the company’s individual lending business continued to improve in the January-March 2021 quarter and that loans worth 7.503 crore were made to its banking subsidiary. “Personal credit activity continued to experience strong improvements during the quarter ended March 31, 2021. “During the …

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Beneficial changes to know when filing your 2020 tax return

Delaware residents should be aware of several changes to their income taxes before filing this year. If you filed for unemployment in 2020, haven’t received your stimulus payments, or have children, the state and federal governments have made adjustments to help ease the financial burden. It can add up to …

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MBA borrowers could benefit from Covid relief provision

President Joe Biden signed the covid relief bill, the American Rescue Plan Act, on March 11, which contains a provision that eliminates taxes on loan forgiveness until 2025. The American Rescue Plan Act, enacted by President Joe Biden on March 11, is 5,600 pages long. It contains a key provision …

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Michigan landfill plans to inject waste under shrinking aquifer

COOPERSVILLE, MI – A national waste disposal company wants to inject liquid waste deep under a narrowing aquifer which is exploited for drinking water in western Michigan. Republic Services is seeking approval from the US Environmental Protection Agency (EPA) to construct two injection wells at its Ottawa Farms landfill site …

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