Can creditors change their minds after agreeing to forgive a debt?

A debt forgiveness agreement may cut down your balance, but you should know how these deals work first. amnarj2006/Getty Images Today’s economic landscape is tough for most Americans, but may be especially rough for borrowers. Household debt is sitting at a new record high, credit card interest rates are still hovering near 22% on average … Read more

GOP Rep. Jen Kiggans faces backlash for agreeing with ‘cotton-picking’ comment about Hakeem Jeffries

WASHINGTON — Vulnerable Rep. Jen Kiggans, a Virginia Republican, is under fire after she agreed with a radio show host who said that House Minority Leader Hakeem Jeffries — the highest-ranking Black lawmaker in Congress — should get his “cotton-picking hands off of Virginia.” Subscribe to read this story ad-free Get unlimited access to ad-free … Read more

Appeals court says Trump’s asylum ban at the border is illegal, agreeing with lower court

WASHINGTON — An appeals court on Friday blocked President Donald Trump’s executive order suspending asylum access, a key pillar of the Republican president’s plan to crack down on migration at the southern border of the U.S. A three-judge panel from the U.S. Court of Appeals for the District of Columbia Circuit found that immigration laws … Read more

How Trump went from threatening Iran’s annihilation to agreeing to a two-week ceasefire with Tehran

WASHINGTON — President Donald Trump over the course of a day went from threatening Iran with “annihilation” to proclaiming that the battered Islamic Republic’s leadership had presented a “workable” plan that led him to agree to a 14-day ceasefire that he expects to pave the way to end the nearly six-week-old war. The dramatic shift … Read more