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Stock market today: Asia follows Wall St lower after the US government's credit rating was cut 08/03/2023 12:35am • BEIJING (AP) 鈥� Asian stock markets followed Wall Street lower on Thursday after Fitch Ratings cut the United States government's credit rating. Tokyo's market benchmark fell almost 1.5%. Shanghai, Hong Kong and Seoul declined. Oil prices edged higher. Wall Street turned in its biggest one-day decl Survey: Student Loan Borrowers Brace for Financial Uncertainty in Repayment 08/02/2023 08:00pm • Federal student loan payments will resume in just two months after more than three years of zero-interest forbearance. But reentering student loan repayment will be a significant financial shift for borrowers -- and most of them don't even know basic details of repayment, like their payment amount o CFPB sues auto dealer for illegally locking cars, re-possessing vehicles, other shady activities 08/02/2023 06:27pm • NEW YORK (AP) 鈥� The Consumer Financial Protection Bureau on Wednesday sued USASF Servicing, the financial arm of a chain of auto dealerships found mostly in the South, alleging the company committed a laundry list of illegal practices, like disabling borrowers' cars, double-billing customers, and The US government's debt has been downgraded. Here's what to know 08/02/2023 05:26pm • WASHINGTON (AP) 鈥� Late Tuesday, Fitch Ratings became the second of the three major credit-rating firms to remove its coveted triple-A assessment of the United States government's credit worthiness, a move that spurred debate in Washington about spending and tax policies. Fitch cited the federal g IRS aims to go paperless by 2025 as part of its campaign to conquer mountains of paperwork 08/02/2023 04:43pm • Most taxpayers will be able to digitally submit a slew of tax documents and other communications to the IRS next filing season as the agency aims to go completely paperless by 2025. The effort to reduce the exorbitant load of paperwork that has plagued the agency 鈥� dubbed the 鈥減aperless process Encore Capital Group: Q2 Earnings Snapshot 08/02/2023 04:38pm • SAN DIEGO (AP) 鈥� SAN DIEGO (AP) 鈥� Encore Capital Group Inc. (ECPG) on Wednesday reported second-quarter net income of $26.3 million. The San Diego-based company said it had profit of $1.08 per share. The results did not meet Wall Street expectations. The average estimate of five analysts surveye Students' lives thrown into disarray after West Virginia college announces plans to close 08/02/2023 01:46pm • CHARLESTON, W.Va. (AP) 鈥� The lives of hundreds of students like Ashton Miller were thrown into disarray after a debt-ridden university in West Virginia announced just before the start of fall classes that it plans to cease operations. Alderson Broaddus University's Board of Trustees voted Monday n Scorpio Tankers: Q2 Earnings Snapshot 08/02/2023 06:58am • MONACO (AP) 鈥� MONACO (AP) 鈥� Scorpio Tankers Inc. (STNG) on Wednesday reported second-quarter net income of $132.4 million. The company said it had net income of $2.40 per share. Earnings, adjusted to extinguish debt, came to $2.41 per share. The results exceeded Wall Street expectations. The ave Back-to-school shopping could lead to more credit card debt 08/01/2023 09:19pm • As families hit shopping malls for back-to-school supplies, credit card balances have been rising as a result, according to a new survey from the financial information site CNET Money. High prices are having an impact, with 85% of respondents saying inflation and rising consumer costs would impac Factors to Consider Before Cashing Out a 401(k) 08/01/2023 08:00pm • If you lose your job and have a 401(k) through your previous company, you may have the option of cashing it out. Sometimes employees choose to take the money instead of keeping it in a retirement account. However, before accessing the money, it pays to evaluate your reasons for the withdrawal and th Fitch downgrades US credit rating, citing mounting debt and political divisions 08/01/2023 07:13pm • WASHINGTON (AP) 鈥� Fitch Ratings has downgraded the United States government's credit rating, citing rising debt at the federal, state, and local levels and a 鈥渟teady deterioration in standards of governance鈥� over the past two decades. The rating was cut Tuesday one notch to AA+ from AAA, the Fitch downgrades its credit rating on the US citing growing debt and 鈥榙eterioration in standards of governance鈥� 08/01/2023 05:42pm • WASHINGTON (AP) 鈥� Fitch downgrades its credit rating on the US citing growing debt and 鈥榙eterioration in standards of governance鈥�. Saudi Arabia to grant Yemen $1.2 billion in economic aid 08/01/2023 04:42pm • SANAA, Yemen (AP) 鈥� Saudi Arabia said Tuesday it will grant $1.2 billion in financial aid to Yemen鈥檚 internationally recognized government in a bid to bolster the country's struggling economy. Riyadh said in a statement the cash injection is part of Saudi Arabia's ongoing efforts to help stabili Trump's campaign finances are strained as legal peril mounts 08/01/2023 04:17pm • WASHINGTON (AP) 鈥� Donald Trump鈥檚 political operation entered the second half of the year in a strained financial position with its bank account drained by tens of millions of dollars that were directed toward defending the former president from mounting legal challenges as he seeks the White Hou Editorial Roundup: United States 08/01/2023 02:33pm • Excerpts from recent editorials in the United States and abroad: July 29 The Washington Post on the 鈥渉umming鈥� U.S. economy For the first time in a while, the nation 鈥� and its policymakers 鈥� can step out of crisis mode. This is an ideal moment for President Biden and Congress not just to take