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Democrats remain far behind GOP in cash on hand as midterms near
New filings find the Democratic National Committee trailing its Republican counterpart by more than $100 million, with millions of dollars in debts.
U.S. sports fans spend about $2,000 a year on their favorite teams—many find themselves in debt as a result
As football season approaches, many Americans are planning to take on debt to pay for tickets, memorabilia, parlays and more.
Democrats and Republican outraged over $40tn national debt
Deficit has doubled over the past decade with spending growing under Trump and Biden
Essity acquires feminine care business in Brazil
Hygiene and health company Essity has entered into an agreement to acquire Kenvue's feminine care business in Brazil, including the market-leading brands Carefree, Sempre Livre and o.b. The purchase price amounts to USD 284m (approximately SEK 2.7bn) on a cash and debt-free basis. The acquisition strengthens Essity's position as a market leader in feminine care in Latin America.
How did U.S. debt hit $40 trillion? Here's what to know
There is a lot to unpack about the national debt. Here's a starter guide to what's happening with the national debt right now.
US national debt hits $40 trillion milestone for first time ever
The U.S. national debt topped $40 trillion as interest costs now exceed national defense spending and the debt doubled in under 10 years.
AMC Entertainment Stock Moves Higher Wednesday: What's Going On?
Shares of AMC Entertainment Holdings Inc. (NYSE:AMC) are climbing Wednesday afternoon, lifted by broader market strength following a major macroeconomic policy move.Treasury Bond Buyback Program Relieves Market PressureThe U.S. Treasury Department announced a surprise expansion of its debt buyback…
NJ towns, school districts in debt to 'death spiral' health plans
As rates about to rise, about 50 local entities owe millions of dollars, led by Paterson, Newark and a Hudson County school district
Webtoon Entertainment
Webtoon Entertainment is embracing the microdrama format with the premiere today of six romantic stories presented as "short dramas."
Will the AI bubble break American politics?
Is the massive investment in artificial intelligence creating a catastrophic economic bubble? In this episode of "Make It Make Sense," Damir Marusic sits down with Impact Theory co-founder Tom Bilyeu to break down the risks of AI-driven debt, shadow banking, and fast-depreciating GPU hardware. They examine how an AI market correction could ignite political extremism, critique US fiscal policy under Donald Trump, and discuss what it will take to rebuild the American middle class.
Did WEBTOON Entertainment Inc. Insiders Breach their Fiduciary Duties to Shareholders?
/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of WEBTOON Entertainment Inc. (NASDAQ:...
WEBTOON Entertainment (WBTN) Could Be 27% Undervalued After Earnings And Guidance
WEBTOON Entertainment (WBTN) recently reported its second quarter 2026 results, with sales of US$338.47 million and a net loss of US$15.25 million, and also issued third quarter revenue guidance. See our latest analysis for WEBTOON Entertainment. Since those results and the new third quarter guidance, WEBTOON Entertainment's share price has eased to US$8.29, with the 30 day share price return down 20.6% and the 1 year total shareholder return down 44.7%. This points to fading momentum as...
Roughly 23 million Americans trapped in jobs they want to leave over one costly fear
A growing number of Americans are staying in unwanted jobs to keep their health coverage as medical debt and rising costs squeeze household finances.
Triangle Group Raises $15 Million To Scale Asia-Pacific Live Entertainment Platform
Triangle Group has raised $15 million in equity and venture debt to expand its live touring and festival infrastructure across Asia-Pacific. The financing consists of a $10 million equity seed round led by DSG Consumer Partners, with participation from Golden Gate Ventures, the Oberoi Family Office, and angel investors, along with a $5 million venture debt facility from Genesis Alternative Ventures.
N.J. towns, school districts owe millions to public worker health plans
Some districts that disenrolled years ago haven’t settled debts.
No One Wants to Talk About the Debt | WSJ Politics Newsletter for Aug. 13
Plus, Iran has an ability to make the Strait of Hormuz too risky to cross with limited firepower, and progressives have a reckoning in the Midwest.
Chatbots are doing the work of Congress with little oversight
From writing speeches to sorting constituent mail, AI is spreading through Congress faster than the rules governing its use.
Unearthed interview exposes Dem senator's past support for reparations: 'There is a debt unpaid'
Jon Ossoff said in 2019 he would support reparations legislation, calling slavery a "debt unpaid." His resurfaced comments now raise questions.
Consumer Debt Data Shows ‘Overall’ Health Amid Persisting Divides
Homeowners with low fixed-rate mortgages lead a resilient picture of the economy. But many consumers are frustrated with declining real wages and other loans.
Lexington County could take on $74 million in debt for a sports complex
The Lexington County Recreation Commission is proposing a multi-sports complex off Interstate 77, but there are questions about how it will be paid for.
Oracle is planning another round of job cuts this month
The potential layoffs reduce Oracle's payroll as it racks up billions in debt to fund AI infrastructure.
WEBTOON Entertainment Announces Participation in Upcoming Investor Conferences
WEBTOON Entertainment will participate in two upcoming investor conferences in August and September 2026.Quiver AI SummaryWEBTOON Entertainment Inc. has announced its participation in two upcoming investor conferences: the Deutsche Bank 2026 Technology Conference on August 26 in Dana Point, CA, and the Goldman Sachs Communacopia + Technology Conference on September 10 in San Francisco, where it will present at 4:25 PM PT. The Goldman Sachs presen
WEBTOON Entertainment Inc. to Participate in Upcoming Investor Conferences
LOS ANGELES, Aug. 11, 2026 (GLOBE NEWSWIRE) -- WEBTOON Entertainment Inc. (Nasdaq: WBTN) (“WEBTOON Entertainment” or “the Company”), a leading global entertainment company and home to some of the world’s largest storytelling platforms, today announced it will participate in the following upcoming investor conferences: Deutsche Bank 2026 Technology ConferenceAugust 26, 2026Location: Dana Point, CA Goldman Sachs Communacopia + Technology ConferenceSeptember 10, 2026Presentation Time: 4:25 PM PTLoc
Yankees receive $2.6 billion in deal with private equity fund
The Yankees may use the money to handle debt and pursue new ventures.
NCSOFT profit beats forecasts as Lineage W drives sales to record
Webtoon Entertainment Inc., South Korean online giant Naver Corp.'s online comics platform, is betting on gaming with its first developer acquisition to t
Webtoon Entertainment bets on gaming to expand its global IP business
Webtoon Entertainment CFO David Lee says he is optimistic about its business outlook, with the company betting on gaming to expand its global IP business, while leveraging AI to promote human creativity and deepen fan engagement.
Webtoon Entertainment bets on gaming to expand its global IP business
Webtoon Entertainment CFO David Lee says he is optimistic about its business outlook, with the company betting on gaming to expand its global IP business, while leveraging AI to promote human creativity and deepen fan engagement.
Kuehn Law Encourages Investors of WEBTOON Entertainment Inc. to Contact Law Firm
/PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of WEBTOON Entertainment Inc....
Remote Area Medical brings free health clinic to Bennington
Remote Area Medical is holding a free two-day dental and vision clinic at Mount Anthony Union Middle School in Bennington — the organization’s fourth visit to the area.
WEBTOON ENTERTAINMENT Q2 2026 Earnings Preview: Recent $WBTN Insider Trading, Hedge Fund Activity, and More
WEBTOON ENTERTAINMENT ($WBTN) is expected to release its quarterly earnings data on Monday, August 10th after market close, per Finnhub. Analysts are expecting revenue of $346,249,710 and earnings of -$0.07 per share.You can see Quiver Quantitative's $WBTN stock page to track data on insider trading, hedge fund activity, congressional trading, and more.WEBTOON ENTERTAINMENT RevenueWEBTOON ENTERTAINMENT had revenues of $320.9M in Q1 2026. This is
Business Restructuring Review Vol. 25 No. 4 July-August 2026
In This Issue New York Bankruptcy Court: Premature Allegations of Creditor Mistreatment Insufficient to Deny Chapter 15 Recognition of Foreign Restructuring Proceeding In In re ARD Finance, S.A., No. 25-12794 (MG), 2026 WL 817458 (Bankr. S.D.N.Y. Mar. 25, 2026), the U.S. Bankruptcy Court for the Southern District of New York was presented with a petition seeking chapter 15 recognition of Luxembourg's recently enacted bankruptcy law governing judicial reorganization proceedings. The court granted the petition, turning aside challenges to recognition voiced by a creditor group arguing that recognition should be denied based upon allegations of unfairness to creditors in the Luxembourg proceeding that would make recognition manifestly contrary to U.S. public policy. According to the bankruptcy court, recognition was warranted because: (i) the rules and procedures governing the proceeding under Luxembourg law were fundamentally fair; (ii) the petition otherwise satisfied chapter 15's recognition requirements; and (iii) the creditor group's allegations were premature, given the fact that the Luxembourg court presiding over the debtor's restructuring proceeding had not confirmed a restructuring plan, and all creditors had the right to participate fully and voice their objections in the proceeding (including the right to appeal an order approving a plan). [read more …] Florida Bankruptcy Court Examines Scope of Discovery in Chapter 15 Cases In In re Banco Master, S.A., No. 25-24568-SMG, 2026 WL 931729 (Bankr. S.D. Fla. Apr. 6, 2026), the U.S. Bankruptcy Court for the Southern District of Florida granted in part and denied in part post-recognition motions filed by an insider of a foreign debtor seeking to bar or limit discovery sought by the debtor's foreign representative concerning allegedly voidable transfers involving the debtors' U.S. real property. According to the court: (i) although chapter 15 includes its own discovery provisions among the relief that may be granted to a foreign representative, the expansive discovery available in cases under other chapters of the Bankruptcy Code is also available in chapter 15 cases; (ii) the discovery sought by the foreign representative was permissible; (iii) discovery regarding matters that were the subject of a pending adversary proceeding had to be undertaken under the more restrictive rules applicable to such proceedings; and (iv) a discovery request would be barred to the extent that it sought production of documents or testimony from a subpoenaed entity that exceeded the geographic limitations specified in such rules. [read more …] Delaware District Court Affirms Chapter 15 Recognition Order Enforcing Nonconsensual Third-Party Releases In U.S. Int'l Dev. Fin. Corp. v. Credito Real S.A.B. de C.V. SOFOM, E.N.R. (In re Credito Real S.A.B. de C.V. SOFOM, E.N.R.), 677 B.R. 192 (D. Del. 2026), appeal filed, No. 26-2356 (3d Cir. June 5, 2026), the U.S. District Court for the District of Delaware affirmed a bankruptcy court order granting chapter 15 recognition to a Mexican "concurso mercantile" proceeding and enforcing nonconsensual third-party releases approved by the Mexican court. Agreeing with the bankruptcy court that the releases were not manifestly contrary to U.S. public policy, the district court concluded: "It is well settled that U.S. bankruptcy courts can give effect to foreign orders in recognized foreign proceedings pursuant to the authority granted in Chapter 15, even when those orders contain relief unavailable under U.S. law. [The appellant's] arguments misconstrue the Supreme Court's narrow holding in Purdue, applicable in Chapter 11 cases, as well as the statutory framework of Chapter 15 and its core policy objectives. Accordingly, I will affirm the Enforcement Order." The ruling has been appealed to the U.S. Court of Appeals for the Third Circuit. [read more …] Fifth Circuit: Bankruptcy Court, Not State Court, Had Jurisdiction to Allow or Disallow Administrative Expense Claim In Storey Minerals Ltd. v. EP Energy E&P Co., LP (Matter of EP Energy E&P Co., LP), 169 F.4th 609 (5th Cir. 2026), the U.S. Court of Appeals for the Fifth Circuit affirmed lower courts' rulings disallowing a creditor's administrative expense claim. It also rejected the creditor's argument that, because the claims were predicated on state law, a state court should adjudicate the merits of the state law causes of action before the bankruptcy court could allow or disallow the claim as an administrative expense. According to the Fifth Circuit, even though the causes of action were based on state law, the bankruptcy court had jurisdiction to determine whether the creditor's claims should be conferred with administrative expense priority in the debtors' chapter 11 case. [read more …] New York Bankruptcy Court: Dismissal of Involuntary Chapter 11 Case Filed Prior to Commencement of Foreign Restructuring Proceeding Unwarranted In In re Xinyuan Real Estate Co. Ltd., No. 25-10745 (PB), 2026 WL 592250 (Bankr. S.D.N.Y. Mar. 3. 2026), the U.S. Bankruptcy Court for the Southern District of New York considered the bona fides of an involuntary chapter 11 petition filed by certain holders of U.S. dollar-denominated notes against a holding company for a group of Chinese property development companies that filed a restructuring proceeding in the Cayman Islands after the noteholders filed the involuntary chapter 11 petition. The court denied the debtor's motion to dismiss the chapter 11 case. Given the timing of the filing of the Cayman Islands restructuring proceeding, the absence of any progress in the proceeding for seven months, the debtor's need to restructure notes governed by U.S. law, and the debtor's lack of any meaningful contacts to the Cayman Islands, dismissal of the chapter 11 case was unwarranted under the applicable provision of the Bankruptcy Code, international comity, or the doctrine of forum non conveniens. [read more …] Bankruptcy Court Evaluates Trustee's Authority to Sell Avoidance Actions and Right of Target Defendants to Object In In re Law Enf't Officers Sec. Union, No. 24-70277-JAD, 2026 WL 560452 (Bankr. W.D. Pa. Feb. 27, 2026), a chapter 7 trustee sought court approval to sell certain avoidance actions to a creditor of the debtor's estate. Potential targets of the subject avoidance actions objected, arguing that such claims were nontransferable powers of the trustee rather than saleable estate property and urging the court to approve their competing settlement with the trustee. The U.S. Bankruptcy Court for the Western District of Pennsylvania disagreed with the potential defendants, holding that they lacked standing to object to the proposed sale, that avoidance actions are indeed estate property, and that the sale—rather than the settlement—best served the estate's interests. [read more …] U.S. Supreme Court Bankruptcy Roundup in Brief In Keathley v. Buddy Ayers Construction Inc., No. 25-6, 2026 WL 1686028 (U.S. June 11, 2026), the U.S. Supreme Court overturned a Fifth Circuit decision judicially estopping a chapter 13 debtor from asserting a personal injury claim against a construction company because the debtor failed to disclose the claim during his bankruptcy case. In so ruling, the Court held that "[t]he Fifth Circuit erred by artificially narrowing its inquiry to whether the debtor had knowledge of the underlying facts or a potential motive to conceal the claim." It represents the first time that the Court has applied judicial estoppel in the bankruptcy context, although it has suggested in other contexts that it may be inappropriate where an inconsistent legal position resulted from "inadvertence or mistake." Also in June, the Court denied petitions for certiorari in a few notable bankruptcy cases. [read more …] Newsworthy Heather Lennox (Cleveland/New York) (Star Individual), Bruce Bennett (Los Angeles) (Senior Statesperson), Kevyn D. Orr (Washington) (Eminent Practitioner), Gregory M. Gordon (Dallas) (Band 1), Carl E. Black (Cleveland), Corinne Ball (New York) (Senior Statesperson), Brad B. Erens (Chicago), Jeffrey B. Ellman (Atlanta), T. Daniel Reynolds (Cleveland), and Dan T. Moss (Washington/New York) were recognized as leading lawyers in the practice area Bankruptcy/Restructuring in the 2026 edition of Chambers USA: The World's Leading Lawyers for Business. The 2026 edition of Lawdragon 500 Leading Bankruptcy and Restructuring Lawyers ranked the following lawyers: Corinne Ball (New York) (Hall of Fame), Bruce Bennett (Los Angeles), Carl E. Black (Cleveland), Jeffrey B. Ellman (Atlanta), Brad B. Erens (Chicago), Gregory M. Gordon (Dallas), Heather Lennox (Cleveland/New York), Joshua M. Mester (Los Angeles), and Kevyn D. Orr (Washington). Fabienne Beuzit (Paris) and Jasper Berkenbosch (Amsterdam) were among the "Leading Individuals" ranked in the 2026 edition of The Legal 500 EMEA guide in the field of Restructuring and Insolvency or Insolvency. Rodolphe Carrière (Paris) was named a "Next Generation Partner" in the practice area Insolvency. Sid Pepels (Amsterdam) was selected by Global Restructuring Review's 40 under 40 2026. He was identified as a Rising Star within the global cross-border restructuring community. Global Restructuring Review is a leading digital subscription service, news outlet, and information platform dedicated exclusively to cross-border insolvency and corporate restructuring law. Fabienne Beuzit (Paris), Rodolphe Carrière (Paris), and Isabelle Maury (Paris) were recognized in the 2027 edition of The Best Lawyers in France™ in the practice area Insolvency and Reorganization Law. An article written by Corinne Ball (New York) titled "Comity and Fairness are Critical to Granting Additional Assistance under Chapter 15: A Canadian Reverse Vesting Order and Related Releases in Proceedings Involving Canadian and U.S.-Affiliated Companies Are Approved" was published in the June 24, 2026, edition of the New York Law Journal. An article written by Caitlin K. Cahow (Detroit) titled "New York Bankruptcy Court Weighs In on Adequate Assurance of Future Performance under Assigned Leases and Chapter 11 Plan Exculpation Provisions" was published on June 8, 2026, in Lexis Practical Guidance. An article written by Trisha L. Mowbray (Real Estate; Chicago) and Ryan Sims (Washington) titled "Chapter 11 Plan that Abridged Non-Debtor Lessee's Rights to Remain in Possession After Rejection Unconfirmable as Having Been Proposed in Bad Faith" was published on June 16, 2026, in the Harvard Law School Bankruptcy Roundtable. An article written by Dan T. Moss (Washington/New York), Corinne Ball (New York), Isel M. Perez (Miami), and David S. Torborg (Washington) titled "Texas Bankruptcy Court Adopts Barnet Rule Requiring Foreign Debtor to Have U.S. Assets to Be Eligible for Chapter 15 Relief" was published on June 10, 2026, in Lexis Practical Guidance. An article written by Daniel J. Merrett (Atlanta) and Nathaniel Parr (Atlanta) titled "Southern District of Texas Clarifies Post-Purdue Course for Consensual Third-Party Releases and Gatekeeping Provisions" was published on June 11, 2026, in Lexis Practical Guidance. An article written by Corinne Ball (New York) titled "LMEs, Sophisticated Investors and Equitable Mootness: The Fifth and Third Circuits Warn Against Testing the Limits of Chapter 11" was published in the June 2026 issue of the American Bankruptcy Institute Journal. Nicholas J. Morin (New York) was quoted in an article titled "Serta Ruling Offers Damages Road Map in Lender-on-Lender Disputes," published by Bloomberg Law on July 7, 2026. The article discussed U.S. Bankruptcy Judge Christopher Lopez's July 7, 2026, ruling that participating lenders in Serta Simmons Bedding's 2020 non-pro rata uptier exchange breached the credit agreement's ratable-sharing provision, and awarding excluded lenders more than $261 million in damages. The opinion resolves six years of litigation related to Serta's 2020 transaction, where it raised $200 million in new financing and exchanged $1.2 billion of term loans for $875 million in superpriority debt. Judge Lopez found that the debt-for-debt exchange constituted a "payment" under the credit agreement, requiring proportional sharing among lenders, and dismissed various defenses raised by the participating lenders. The case is Serta Simmons Bedding LLC v. AG Centre Street Partnership (In re Serta Simmons Bedding LLC), 2026 WL 1968535 (Bankr. S.D. Tex. Jul. 7, 2026). The New York Law Journal has recognized Andrew M. Butler (New York) as a 2026 "Rising Star" in Restructuring/Bankruptcy as part of the New York Legal Awards. The Rising Star category recognizes New York's most promising lawyers age 40 and under who have distinguished themselves through exceptional legal work, leadership, and contributions to the profession. Lawyer Spotlight: Daniel J. Merrett Dan Merrett, a partner in the Atlanta Office, has spent nearly 20 years representing all manner of stakeholders in complex corporate restructurings and chapter 11 reorganizations. His practice extends to related transactions and disputes involving acquisitions; divestitures; credit facilities; securities; environmental obligations; and vendor, employee, and governance matters. Dan has substantial experience managing mass tort liabilities, including the restructurings and related chapter 11 cases of affiliates of Georgia Pacific and Johnson & Johnson, implemented to resolve asbestos and talc liabilities. He also represents key parties in energy and infrastructure matters, including facility owners, EPC contractors, and joint-venture parties. Dan was a key player in the restructuring teams in the historic bankruptcies of the City of Detroit and Chrysler. His other significant representations in chapter 11 cases include AFA Foods, Alpha Natural Resources, Dana Corporation, M&G Chemicals, McDermott International, Monster/CareerBuilder, Transtar Industries, and Westinghouse. He is licensed in both the United States and England & Wales and recognized in restructuring by Chambers USA and Best Lawyers.
Xeris raises outlook despite posting $31.1 million loss
Executives argue the loss reflects a one-time accounting charge to clear outstanding debt rather than the drugmaker's performance.
Talarico gains GOP support while unveiling affordability plan
Democratic Senate candidate proposed debt relief, housing aid and tax credits. Paxton’s campaign dismissed the agenda as “half-baked.”
Kakao Games Expands Webtoon IP Strategy Through Partnership With The Grimm Entertainment
Kakao Games has partnered with The Grimm Entertainment to develop games based on popular w
Bankrupt owner of 2 SC manufacturers seeks to slash $3.1B in debt
Alkegen’s specialty materials manufacturing businesses include the Lauscha Fiber International factory in Summerville and Southern Felt Co. in Edgefield and Keshaw counties.
Debt Digest | Federal Debt is a Health Care Problem
Welcome David Ditch to the Debt Dispatch! We are pleased to announce a new regular contributor: David Ditch will be joining the Cato Institute as a Policy Analyst for Budget and Entitlement Policy later this week. David has more than a decade of experience in fiscal policy issues, with a particular focus on federal spending. He previously worked at the Senate Budget Committee, the Heritage Foundation, and the Economic Policy Innovation Center. David’s areas of expertise include appropriations, transportation, agriculture, federalism, grantmaking, and policy options for deficit reduction. Originally from the Rochester, N.Y. area, David has a BA in Economics and Political Science from the University of Rochester and a MA in Political Management from George Washington University. David currently lives in Arlington, VA. You may have enjoyed his earlier guest posts: CBO: New Highway Bill Has More Spending, Taxes, and Deficits Trump Administration’s Proposed Changes to Federal Grants Highlight Problems of Big Government Here are this week’s reading links and fiscal facts: The federal debt is largely a health care problem. In a new report, the Congressional Budget Office and Joint Committee on Taxation find that “In 2026, federal subsidies for health insurance, net of related payments to the government, are projected to equal $2.4 trillion, or 7.4 percent of gross domestic product (GDP). In CBO and JCT’s projections, those subsidies grow by 65 percent, reaching $3.9 trillion, or 8.4 percent of GDP, in 2036. Subsidies for Medicare contribute most to that overall growth, increasing by $900 billion. Over the entire 2026–2036 period, federal subsidies for health insurance total $33.6 trillion.” Cato’s Michael Cannon emphasizes, “The long-term federal debt problem is a health care problem. […] Only two categories of federal outlays will grow faster than gross domestic product (GDP): health care subsidies and interest payments on the debt. The former is, therefore, the primary driver of the latter.” The bond market fears deficits, not the loss of tariff revenue. Responding to a New York Times essay claiming tariff revenue has grown too important for a future administration to unwind, Cato’s Kyle Handley argues: “Bond investors are not attached to customs duties as a line item revenue source. They care about the government’s overall fiscal position.” He continues, “tariff revenue is a side hustle. And the Trump administration has already promised to dole out the funds through schemes like tariff dividend rebates, farm subsidies, and pay-fors on tax cuts or other spending.” Furthermore, “tariff revenue is simply not large enough to transform the government’s fiscal trajectory.” Take net interest for example: it “reached $970 billion in fiscal year 2025, absorbing 18.5 percent of federal receipts. Customs duties accounted for only 3.7 percent of receipts—and that was before refunds (see Figure 2).” Handley concludes, “The real bond-market concern is a large and growing interest bill, persistent budget deficits, and a political system unwilling to bring spending and revenue into alignment.” Medicare’s spending growth is driven by more volume and utilization. A Congressional Research Service report finds that Medicare spending “grew at an average annual rate of 7.3%” from 1985 through 2025, and the trustees project health care expenditures will keep rising “faster than gross domestic product (GDP) in most future years.” Citing CBO, the report attributes Medicare’s projected 2026–2036 spending growth to “23% from higher enrollment, 31% from inflation, and 47% from the growth of inflation-adjusted spending per beneficiary. In other words**, the largest single driver of Medicare spending growth during the next decade is expected to be higher volume and intensity of health care services.”** Boccia and Thakur explain: “as the economy grows, Medicare spending tends to grow at least as fast—and often faster—because the program automatically pays the bill for more and more healthcare consumption by seniors, even as prices rise.” The Fed has little control over market interest rates. Cato’s Jai Kedia documents that the Fed has held its rate target steady since December, yet “nearly every rate Americans actually borrow at has climbed over the same stretch.” Kedia continues, “The Fed did nothing, and the cost of credit went up anyway. […] Markets spent these months repricing macroeconomic events such as sticky core inflation, a volatile energy market driven by the conflict in the Middle East, and global trade disrupted by tariffs, among others. None of that required a policy change to show up in borrowing costs because markets, not the FOMC, set prices.” He concludes, “Accurately priced borrowing rates will come from credible disinflation and disciplined budgets and from a Fed content to follow the economy rather than pretend it leads it.” Nearly half of US farm income comes from taxpayers. Former Reagan OMB director David Stockman notes that “in the most recently completed full year (FY 2025) farmer incomes in the US totaled $97.8 billion, but fully 42.7% or $41.8 billion of that amount came from taxpayers, not the marketplace. Nor is this some kind of one-year aberration. If we look at the most recent decade as a whole, total farm income posted at nearly $708 billion, but, as indicated, fully $322 billion or 45% of this came compliments of US taxpayers.” Cato’s Chris Edwards explains why so little of that income is market-earned: “Farmers are businesspeople, but the government shields them from just about every type of weather and market risk. Furthermore, just about every part of the agricultural industry is subsidized, including insurance, loans, marketing, research, export sales, and land improvements.” The Debt Dispatch is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe
With Numbers Of Uninsured for Healthcare Rising, Hospitals Raise The Alarm
As more people go without insurance, hospital revenues decline, insurance premiums throughout the system increase and medical debt levels rise.
Your business is local. Your lender should be too.
Running a business means making decisions every day. Choosing a lender shouldn't have to be one of the difficult ones.
3.14 Action raises $25 million to elect candidates with STEM backgrounds in 2026
The Democratic National Committee ended June with $18.5 million in debt and just $16.3 million cash on hand
3.14 Action raises $25 million to elect candidates with STEM backgrounds in 2026
The Democratic National Committee ended June with $18.5 million in debt and just $16.3 million cash on hand
AMC Entertainment (AMC) Is Up 24.2% After S&P Credit Upgrade On Improved Operations And Lower Debt - Has The Bull Case Changed?
In the second quarter of 2026, AMC Entertainment Holdings reported revenue of US$1,596.7 million versus US$1,397.9 million a year earlier, while net loss widened to US$11.4 million and basic loss per share from continuing operations was US$0.02. Alongside these results, S&P Global Ratings upgraded AMC’s credit rating to B- from CCC+, citing improved operating performance, lower debt, record quarterly sales and adjusted EBITDA, and better free cash flow despite ongoing losses and shareholder...
BP puts North Sea oil and gas business up for sale
Move, which would end decades of production in area, comes as new CEO tries to simplify firm and cut debt
BP launches sale process for North Sea business as CEO pushes overhaul
BP on Friday launched a formal process to market its North Sea business for a potential sale, as new Chief Executive Officer Meg O'Neill accelerates a sweeping portfolio overhaul aimed at cutting debt and simplifying the oil company.
Dunlap, LePage spar over healthcare options
LePage senior advisor Brent Littlefield said during LePage’s time as governor, he paid off “massive hospital debt” to keep Maine hospitals afloat. He said Medicare for All would reduce care options for Mainers.
Caesars Entertainment (CZR) Stock Faces Debt Strain Despite Narrower Quarterly Loss
Caesars Entertainment stock barely flinched after earnings, slipping only 0.6% to about US$29.77, yet the headline numbers still ask investors to be patient. The casino operator posted another quarterly loss, with basic earnings per share of US$0.30 in the red and net income excluding extra items also in loss territory. That keeps the focus on a slower burn story. The real question now is whether Caesars can turn a low price-to-sales multiple and a multi-year profitability goal into something...
WEBTOON Entertainment Inc. to Report Second Quarter 2026 Financial Results on August 10, 2026
LOS ANGELES, July 27, 2026 (GLOBE NEWSWIRE) -- WEBTOON Entertainment Inc. (Nasdaq: WBTN) (“WEBTOON Entertainment,” or “the Company”), a leading global entertainment company and home to some of the world’s largest storytelling platforms, today announced that it plans to report second quarter 2026 financial results after market close on August 10, 2026. Following the release, the Company’s management team will host a conference call at 5:30 p.m. ET to review the results. A live webcast of the conf
Domo sells businesses for $400 million, giving Josh James a new start
Progress Software agreed to buy Domo's AI and data business for $400 million. Domo founder Josh James will run the remaining debt-free entity.
Wright State University and Premier Health Nursing Academy expands affordable pathway to nursing careers amid growing demand
Financial support, paid clinical experience and a direct connection to Premier Health are helping Wright State nursing students graduate with less debt while building a stronger local healthcare workforce. Continue reading →
2026 Lebanon Area Fair features a diverse lineup of entertainment
A diverse lineup of entertainment highlights the 70th edition of the Lebanon Area Fair.
‘Causing havoc’ or high-tech convenience? Sports betting kiosks installed at 89 retail stores in Delaware
Merchants, lottery boss tout self-serve system, but gambling addiction counselors worry about underage users, more people going deep into debt.
Lucky Strike Entertainment: Gutter Ball
LUCK stock outlook: declining brand interest, high debt, and a 22% EV/EBITDA premium despite just 2% forward EBITDA growth: read why it’s a SELL now.
AMC Entertainment Holdings (AMC) Is Up 8.9% After Debt Refinancing And Note Conversion - Has The Bull Case Changed?
AMC Entertainment Holdings has advanced its balance-sheet overhaul by refinancing US$400 million of high-interest debt on better terms and converting about US$155.8 million of senior secured exchangeable notes into equity, while also preparing to report its second-quarter 2026 results on July 20. These moves reduce long-term obligations and loosen restrictive covenants, potentially giving AMC more room to support core theater operations and future refinancing efforts ahead of its upcoming...
Growing debt creates growing risks for American workers
The national debt is growing rapidly, and this trend could create serious challenges for future economic growth, job opportunities and wages, the Peter G. Peterson Foundation reports. As debt increases, the cost of paying interest on that debt takes up more government resources and can limit investments in areas that support economic growth. Rising debt […]
Texas Capital upgrades AMC Entertainment stock rating on debt progress
Texas Capital upgrades AMC Entertainment stock rating on debt progress
China grows at one of lowest rates on record; Thames Water has funds to survive to year end
Thames Water says it has £515m cash in the bank as its debts swell to £18.5bn
Students hatch nine chicks for science project at Jones Elementary
Students in Rachel Thacker’s third grade class watched nine chicks hatch.
Man jailed for life for killing business associate in money row
Ben Wazabanga drove from Bedford to London to confront Ayowale Aladejana over business debts.
These Church Members Disagree on Politics. Together They’re Wiping Out Medical Debt.
A politically diverse congregation in Winston-Salem, North Carolina, has been raising money to retire millions of dollars of medical debt in the surrounding community.
Debt is central to Bending Spoons' business model, says Jim Cramer
'Mad Money' host Jim Cramer takes a look at recent IPO Bending Spoons and how to play the Italian technology company.
Governor signs legislation expanding access to health care, relieving medical debt
These reforms — which Hawai‘i Gov. Green signed during two separate ceremonies — help ensure people receive screenings, treatment and support they need without risking financial stability.
The lawsuits fighting to keep student-debt relief for borrowers
Key parts of Trump's student-loan repayment overhaul are being targeted in ongoing lawsuits, including the elimination of SAVE and limits to PSLF.
They're Building Half A Bridge to Save Science...
Today’s post is about science: what you can do now to protect it from unprecedented threats, and how your action is the first half of a long-term program that Congress must take up next. Let me start with describing the embryonic state of science advocacy. There are many well-meaning organizations: the American Association for the Advancement of Science, Research!America, and subject-specific organizations such as the Society for Neuroscience and the American Physical Society. Their general approach is to emphasize the common good: the remarkable value that science and innovation have provided to all Americans. However, these organizations are offering an incomplete solution. Before I start, a preliminary: If you already know about the threat, go ahead and weigh in with OMB at this link. Ideas about what to say come from Research!America and the American Physical Society. You have until Monday, July 13 at 11:59pm Eastern. Then come back here and read the rest of this post. Finally, get in touch with whoever is likely to be your next member of Congress in 2027. The threat: An end to merit-based science… The onslaught of attacks on science is accelerating. It’s not just cuts to grants, which was the last battle. That battle is not done yet, but there is a new and worse threat. Now comes a proposed public rule from the Office of Management and Budget. The rule would take decision-making power over grants away from experts and put it into the hands of political appointees. Former NIH official Elizabeth Ginexi wrote an excellent summary of what OMB is trying to do, which is codify the executive branch’s ability to award or terminate grants, for arbitrary cause or no stated cause. Since World War II, a necessary step in scientific grant-making has been consideration of scientific merit. This approach has made America into a dominant scientific superpower, the envy of the world. Of course, political considerations do come into the mix. The proposed rule tilts the balance dramatically away from merit. …but why? Many people have difficulty comprehending why Russell Vought and OMB would want to damage science in this way. If you’re a working scientist, you are likely to be particularly uncomprehending. Who would hurt an activity so self-evidently good? The answer is: this is part of the program to replace the rule of law with a personalist regime. OMB Director Russell Vought, a Christian nationalist, would like to implement what legal scholars call a “unitary executive,” and what I would call a dictatorship. Or if you like, a personalist authoritarian regime. I am a working scientist. This rule will debilitate my research. It may chill the speech of scientists for speaking freely in the public sphere. It is a form of personalizing power and decision-making within the executive branch. In short, it sacrifices science in the service of tyranny. To Russell Vought, a decrease in the quality of science might be an acceptable cost. He might even consider it an added benefit to weaken a pillar of soft U.S. power based on knowledge and skepticism. The professional societies are building half a bridge The nonprofits are asking you to make public comment. Public comment is like building the first half of a bridge. Before implementation, OMB is compelled by law to have a period of public comment. Rules have to be consistent with the law and the Constitution. They express the federal government’s stance toward how those laws will be implemented. When a presidential administration works in good faith, these public comments are used to inform their eventual action, and sometimes mitigate it. The comment period reflects our First Amendment right to petition our government. The executive branch is then supposed to take those comments into account - completing the bridge between us, the people, and our government. Project 2025 seeks to take away the second half of the bridge. We have to replace it. The first half of the bridge Organizations like AAAS, Research!America, and SfN are partly right. You should certainly comment. Their core model is earnest: if enough of us make noise, then we will achieve change. This idealistic point of view is offered in good faith. That point of view is also currently bullshit. The fundamental reason is that the federal rulemaking process has two parts: There has to be a period of public comment. OMB makes the final rule…but is free to disregard public comment. Oops. That’s a loophole. However, not all is lost. Congress can complete the bridge Congress has enormous power. That power suggests a roadmap for how to proceed. This lawless administration is still going to issue that rule. Nonetheless, your comments still play an essential role. Here are two steps you can take. Step 1: Send your comment to your Representative and Senator. Whether they are Democrats or Republicans, many of them support science. Whatever you wrote as public comment in the Federal Register, also send it to your member of Congress. You can include information about jobs in your district or state by looking at Joshua Weitz’s ScienceMatters interactive map. Call the U.S. Capitol switchboard at (202) 224-3121 and give your town, zip code, or state, then deliver your message. Step 2: Politicize the hell out of science. You heard me, politicize it as an issue. We hear a lot from the old scientific establishment about science being nonpartisan. This is obsolete, sentimental thinking. Under normal conditions, it was true. But we can no longer make that assumption. We can keep on pretending, but we’re putting science at risk. There is a way forward. Rules are subordinate to the law…and Congress makes laws. Therefore Congress can step in. In this fall’s election, it is likely that Democrats will retake the House of Representatives. That puts at least one chamber of Congress in the hands of Democrats. They are far more inclined than the current Congress to investigate and legislate. This opens a path to undoing the damage. It also creates a permission structure for pro-science Republicans to find a way back from the brink. We have to encourage them. In the House, every district is up every two years. In your district, contact both of the major party candidates. If your state has a Senate race, contact those candidates too. Specifically mention the proposed OMB rule. Ask for two things: For this year’s appropriations process in August and September, ask that amendments be added to stop the implementation of the new rule. Those amendments should support peer-reviewed science and stop political interference. Looking ahead to next year, ask the Congressman/Congresswoman/Senator to work to hold hearings in 2027 on the importance and benefits of peer-reviewed science for health and prosperity. What hearings and amendments will accomplish Congress can use its investigatory power to summon heads of agencies and the director of the OMB. That will allow fact-finding regarding the consequences of this rule. Congress can override the rule through the appropriations process. They can write into statute a requirement to follow peer review and best scientific practices. In this way, Congress can stop the attacks on science. Postscript: Moving forward Now I have a request for you, to help me. As many of you know, I ran for Congress in order to save democracy and science. Although I did not win, that battle continues by other means. I met and heard from thousands of supporters both here in New Jersey and nationally. I learned that pro-science, pro-democracy activists have the potential to become a much greater force. In the weeks and months ahead, I will be building ways to harness that energy. I will be announcing those plans soon. In the meantime, an important step is to wind down the Congressional campaign, which has a few remaining bills to pay. Please help me retire that last debt.
What SoundHound AI (SOUN)'s S-4 Business Combination and Platform Expansion Means For Shareholders
In recent days, SoundHound AI, Inc. filed an S-4 registration statement for a planned business combination and confirmed strong year-over-year revenue growth alongside ongoing quarterly losses and a solid cash balance with no debt. At the same time, the company is pushing beyond its automotive roots into a broader enterprise AI platform, using acquisitions and subscription services to expand use cases across restaurants, healthcare, retail, financial services, and telecom. We’ll now examine...
Sunny Days of Ithaca Set to Close After 12 Years of Business on The Commons
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These church members disagree on politics. Together they’re wiping out medical debt.
A politically diverse North Carolina church has united around forgiving medical debt, raising thousands of dollars to erase millions in unpaid medical bills and showing that helping neighbors can transcend partisan divides.
WEBTOON Entertainment Brings Major Content Announcements, First Looks, and Creator Panels to San Diego Comic-Con 2026
LOS ANGELES –
Indiana: Stop playing politics with kids' food.
In Indiana, over 650,000 kids are without consistent meals this summer because the state opted out of an important federal food program. I just introduced a bill to change that.The Summer Electronic Benefits Transfer (Summer EBT) program is designed to fill a gap for kids who typically rely on free meals at school. It’s a win-win program: the federal government covers the cost of the food benefits. Congress has already approved it, and it’s set to go — signed, sealed, and ready to be delivered to 650,000 Hoosier kids in need. That’s how the program works in other states.
Senegal’s Political Rupture Raises Risk of Debt Reprofile, Says Citibank
Senegal’s Political Rupture Raises Risk of Debt Reprofile, Says Citibank
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AMC Entertainment Holdings (AMC) has drawn fresh attention after raising about US$200 million through a registered direct common stock offering, with plans to redeem its 6.125% Senior Subordinated Notes due 2027. See our latest analysis for AMC Entertainment Holdings. At a share price of US$1.72, AMC Entertainment Holdings has seen pressure in the very short term, with the 7 day share price return down 9.47%. However, a 90 day share price return of 28.36% and a year to date gain of 6.83%...
Amtech and Caesars Entertainment have been highlighted as Zacks Bull and Bear of the Day
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These Church Members Disagree on Politics. Together They’re Wiping Out Medical Debt.
Trinity Moravian Church, a politically diverse congregation in Winston-Salem, has been raising money to retire medical debt.
These 2 Renowned Financial Experts Have Opposing Views on Debt. So, Who's Right?
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Comcast's Sky Acquires ITV Media and Entertainment For $2 Billion
Comcast’s European satellite TV operator Sky July 6 announced it has agreed to acquire ITV Media & Entertainment from ITV plc for a total consideration of up to £1.6 billion ($2 billion) in cash, debt and net working capital. In addition to £1.2 billion in cash and up to £0.2 billion in performance-related earn-out, the … Continue reading "Comcast’s Sky Acquires ITV Media and Entertainment For $2 Billion"
Continental Agrees to Sell ContiTech Business to Lone Star Funds
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Thales Plans Takeover of Exail Technologies After Buying 35.51% Stake
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We Posted a $100 Mario 64 Bounty 30 Years Ago. It's Time to Settle Our Debt!
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These church members disagree on politics. Together they’re wiping out medical debt
Some issues, like immigration or student loans, are too divisive to unite Trinity Moravian Church.
KOSA, wage theft and New Britain’s finances: CT Politics news
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Is AMC Entertainment Holdings (AMC) A Bargain Following Its $350 Million Equity Raise?
AMC Entertainment Holdings (AMC) is back in focus after raising US$350 million through equity offerings. The company is using the cash to fully redeem its 2027 notes, extend major debt maturities and reshape its balance sheet. See our latest analysis for AMC Entertainment Holdings. Recent equity offerings and the full redemption of AMC Entertainment Holdings' 2027 notes have coincided with a sharp 90 day share price return of 68.75%, although the 1 year total shareholder return is still down...
Bolsonaro Adviser Says Fiscal Bill to Be Focus
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The sports economy is unaffordable at the bar, let alone the stadium
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HHSC Announces Upgraded WIC Cards for Families | Texas Health and Human Services
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AMC Entertainment (AMC) Is Down 8.7% After Equity Raise To Retire 2027 Notes And Fund Upgrades
In late June 2026, AMC Entertainment Holdings, Inc. completed a registered direct equity offering of about US$200.03 million and moved to fully redeem US$125.47 million of its 6.125% Senior Subordinated Notes due 2027 at par plus accrued interest. The company plans to use the remaining proceeds to bolster cash reserves and fund growth-oriented upgrades across its theatres as early as this autumn. Next, we’ll explore how using fresh equity capital to retire higher-cost debt and invest in...
Qualified real property business debt exclusion
The election to exclude a discharge of qualified real property business debt from cancellation-of-debt income can provide valuable tax planning opportunities.
These Church Members Disagree on Politics. Together They’re Wiping Out Medical Debt.
Trinity Moravian Church, a politically diverse congregation in Winston-Salem, North Carolina, has been raising money to retire medical debt in the surrounding community.
As medical debt burdens millions, nonprofits and some governments step in
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I'm a stay-at-home mom of 2. My 4 side gigs help me pay off debt.
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These church members disagree on politics. Together they're wiping out medical debt
Trinity Moravian Church, a politically diverse congregation in Winston-Salem, N. C., has been raising money to retire medical debt in the surrounding community.
These church members disagree on politics. Together they're wiping out medical debt
Trinity Moravian Church, a politically diverse congregation in Winston-Salem, N. C., has been raising money to retire medical debt in the surrounding community.
Medical Debt Bills Advance, House Hears Behavioral Health Testimony
Several healthcare-related bills advanced in the Michigan Legislature during the week of June 22, including legislation addressing medical debt collections and behavioral health screenings.
How to manage public investment in science with balance
Public debt is higher today and growing at a faster rate than before the pandemic in 80% of the world's economies. According to the latest fiscal report from the International Monetary Fund, global public ...
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AMC Entertainment Crashes 23% Upon Sell of 95.25 Million Shares to Raise $200 Million In Capital
AMC Entertainment stock moves after announcing a 95.25M share offering to raise $200M, primarily to retire its remaining 2027 debt maturity ahead of schedule.
AMC Entertainment Holdings (AMC) Is Down 16.5% After Dilutive Debt-Reduction Equity Raise - Has The Bull Case Changed?
Earlier today, AMC Entertainment Holdings announced a registered direct follow-on equity offering of 95,250,000 common shares at about US$2.10 each, aiming to raise roughly US$200.03 million primarily to redeem 6.125% Senior Subordinated Notes due 2027 and for general corporate purposes. This latest capital raise follows AMC’s roughly US$150 million at-the-market equity offering completed in early June, underlining how ongoing balance sheet repair is coming at the cost of further dilution...
The Purpose Pivot: Activating Business Strategies to Reshape Systems
Our Purpose Pivot series continues with Ravneeta Consul ’06. As chief operating officer of Undue Medical Debt, Consul works on one of the most widespread and least visible financial burdens in the United States. The national nonprofit has abolished more than 40 billion dollars of medical debt for 27 million people across all 50 states, while also working to change how the system itself is understood and addressed.
Brooklyn coffee shop that targeted Jewish congressman faces DOJ probe after reported tax, health code issues
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Webtoon Productions, France’s OuiDo! Adapt ‘Lumine’ as Animated Series
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