Earlier this month, CNBC tracked down one of the first people to qualify for student debt cancellation under the public service loan forgiveness program, which allows certain not-for-profit and government employees to have their federal student loans scrubbed after 10 years of on-time payments. "I feel pretty lucky," Kevin Maier, a tenured professor at the University of Alaska Southeast, had said. He really should.

London’s vast financial services industry must never again be the “master of the economy”, the shadow chancellor, John McDonnell, will say on Saturday in a speech accusing bankers of profiting from speculation at the expense of ordinary people. The veteran socialist who is now seeking to reassure business, promises higher taxes and tougher regulation on banks on the 10th anniversary of the collapse of Lehman Brothers – the pivotal moment in the global financial crisis.

Earnings for UK workers are still lower than they were in 2008, having failed to recover in the 10 years since the financial crisis and millennials are the hardest hit, according to figures from the Institute for Fiscal Studies. GDP is just 11 per cent higher than it was was at the peak of the crisis, meaning the economy is 16 per cent, or £300bn, smaller than it would have been based on pre-crisis trends. The “most direct effect of this has been to hit workers’ pay packets”, the IFS said.

The beginnings of another financial crisis are already in motion - and it will be worse than the global meltdown of 2008. That's the opinion of one of the select band of economists who predicted the 2008 economic collapse, which started with the bankruptcy of Lehman Brothers bank a decade ago and ended up affecting every country in the world. Ann Pettifor predicted that crisis in 2006, more than two years before it actually struck.

In more ways than one, debt can be a four-letter word. When it gets out of control — whether from medical bills, shopping sprees, or unexpected emergencies — it becomes an albatross that affects your emotional and physical health. Although it might feel overwhelming, you can tackle any debt the same way: one step at a time. Here’s how to pay off debt — and how to pay off credit card debt, in particular — even when it seems impossible.

Nearly a third of young adults in a recent study were found to be “financially precarious” because they had poor financial literacy and lacked money management skills and income stability. Only 22 percent of the 18- to 24-year-olds in the study sample were deemed to be financially stable, according to lead author Gaurav Sinha, a graduate student in social work at the University of Illinois.

The number of people who bought virtual currencies more than doubled last winter. For people who got in late, the bust has been disastrous.

The long read: MH Miller left university with a journal full of musings on Virginia Woolf and a vast financial burden. He is one of 44 million US graduates struggling to repay a total of $1.4tn. Were they right to believe their education was ‘priceless’?

America doesn’t have a jobs crisis. It has a ‘good jobs’ crisis – where too much employment is insecure, and poorly paid

Are you struggling to get out of debt? Do you feel like you're in a never-ending cycle of debt due to interest? Follow these debt payoff tips to achieve financial success and a debt-free life!

Wells Fargo said it has set aside $8 million to compensate customers that were wrongly denied mortgage modifications.

Should the gambling industry be required to use league-approved “official data”? Britain’s data collection experience provides a preview of the battles to come in the United States.

The long read: The years since 2008 have seen a global crackdown on offshore finance. Yet a few places have doubled down on offering secrecy to the super-rich. Among these, one tiny Caribbean island might be the worst offender.

The Amazon.com Inc. founder’s net worth broke $150 billion in New York on Monday morning, according to the Bloomberg Billionaires Index. That’s about $55 billion more than Microsoft Corp. co-founder Bill Gates, the world’s second-richest person.

Banks are closing ATMs and branches in an attempt to ‘nudge’ consumers towards digital services, says campaigner and former broker Brett Scott.

The iPhone maker's value soars following better-than-expected quarterly results this week. Congratz, too bad I did not invest in it...

Apple CEO Tim Cook has previously said the company pays its taxes properly.

Europe needs to set up payment systems independent of the United States if it wants to save the nuclear deal between Iran and major powers that was abandoned by President Donald Trump, German Foreign Minister Heiko Maas said.

According to a new report by the Institute for Policy Studies, Jeff Bezos, Bill Gates and Warren Buffett now own more wealth than the poorest half of the US population, some 160 million people.

Jeff Bezos is the world’s newest $100 billion mogul.

The cryptocurrency was supposed to replace the finance industry. Instead, it has replicated it.

China is taking the idea of a credit score to the extreme, using big data to track and rank what you do—your purchases, your pastimes, your mistakes.

Tom Coomer has retired twice: once when he was 65, and then several years ago. Each time he realized that with just a Social Security check, “You can hardly make it these days.”

How Foutanga Babani Sissoko pulled off one of the most audacious confidence tricks of all time.

Communication in this modern area has added some interesting nuances to the workplace. Working remotely, or from home, has become a lot more commonplace in a lot of industries. Though this sounds ideal for many, it does have the downside of lacking the socialization of a traditional office. A new hotel in Singapore adopts bitcoin (BTC) and ether (ETH), and doubles up as a co-working space.

Just imagine $5,500 times 143 million, and you'll see why this could be big trouble.

The notion that just thinking something can make it happen is a joke. Too bad some people fall for it.

The long read: Some economists say it should be raised. Others say it’s already too high. But what if both sides are missing the point?

Two U.S. regulators have proposed Wells Fargo & Co pay $1 billion in penalties to resolve probes into auto insurance and mortgage lending abuses at the third largest U.S. bank, overshadowing its first quarter results.

Bitcoin may have peaked in terms of value and public interest in 2017, but the cryptocurrency has been far less popular this tax season. According to a recent report, fewer than 100 people have reported bitcoin holdings so far.

Some consumers were charged too much to extend the lock on their mortgage interest rates, and the bank's mandatory insurance program added unneeded costs and fees to borrowers' auto loans.

A draft of the World Bank's annual flagship World Development Report says that its creditor-states (the poorest countries in the world) should eliminate their minimum wage rules, allow employers to fire workers without cause, and repeal laws limiting abusive employment contract terms. The bank argues that this is necessary to stop employers from simply investing in automation and eliminating workers altogether.

The EU has launched an investigation into Apple’s acquisition of music identification service Shazam. It’s concerned that the deal could shrink consumer options for mobile music streaming services within the EEA (European Economic Area).

Moves in global bond markets over the last few months suggest changing expectations about prices.

While most big banks have steered clear of virtual currencies, the Wall Street giant will use its own money to trade in Bitcoin-related contracts.