Bank of America is sounding the alarm over the explosive growth of prediction markets and sports gambling, warning it could lead consumers to take on too much debt and default on loans.

Bank of America has filed a federal complaint against Notre Dame College, accusing the financially struggling institution of defaulting on more than $20 million in debt and demanding a court-appointed ...

All five companies companies generate more than enough cash to cover their operations but the arrival of debt vehicles to ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But when you have debt in collection, it's not just the barrage of calls ...

The bank says that there are already worrisome signs in some indicators of consumer stress, citing a US News survey Read more ...