In a significant judicial development that carries profound implications for millions of public service workers, two federal courts have issued rulings vacating controversial new regulations that threatened the stability of the Public Service Loan Forgiveness (PSLF) program. The rules, which were slated to take effect on July 1, 2026, would have granted the Secretary of…
In a significant judicial development for the future of the American healthcare workforce, a federal court issued a nationwide injunction in June 2026, halting the U.S. Department of Education’s implementation of a rule that would have drastically restricted federal student loan borrowing for many professional degree programs. The decision, handed down by the U.S. District…
By PYMNTS | July 17, 2026 For decades, the legal department was viewed by the C-suite as a “black box”—a necessary cost center that operated with relative autonomy. When invoices from outside counsel arrived, the Chief Financial Officer (CFO) would typically review them against annual budgets, negotiate modest rate adjustments, and move on. That era…
In a significant judicial development for the future of the American healthcare workforce, a federal court issued a nationwide injunction in June 2026, halting the U.S. Department of Education’s attempt to enforce new, restrictive borrowing limits on specific professional degree programs. The ruling serves as a temporary but critical reprieve for thousands of students—particularly those…
In a move that underscores the evolving role of cryptocurrency in corporate finance, Empery Digital Inc. has significantly reduced its Bitcoin holdings, offloading nearly half of its treasury reserves since early May. According to a regulatory filing submitted to the Securities and Exchange Commission (SEC) this week, the publicly traded firm liquidated 1,400 BTC to…
In a landmark legal development that has sent shockwaves through the landscape of federal student aid, two separate federal district courts have delivered a decisive ruling against the U.S. Department of Education. The rulings, handed down on June 30, 2026, effectively vacate controversial new regulations that would have granted the Secretary of Education broad, discretionary…
SANTA FE, NM — A high-stakes corporate drama is unfolding in the Southwest banking sector as Oklahoma City-based Bank7 Corp attempts to seize a controlling interest in Santa Fe’s Century Bank through a court-ordered sale. The move, which would see Bank7 acquire 71% of the New Mexico institution for $68 million, has been met with…
By Richard Anderson | July 5, 2026 In the modern business landscape, the velocity of commerce is often dictated not by the strength of a product, but by the speed of the paperwork required to support it. For small business owners and enterprise legal teams alike, the "contract bottleneck" has long been a significant barrier…
As Pennsylvania lawmakers weigh the merits of House Bill 1678, a proposal that would extend the Commonwealth’s existing gross receipts tax (GRT) to digital advertising services, the debate has moved beyond simple fiscal math. While proponents argue that the measure is a necessary step toward modernizing the tax code and ensuring large tech corporations pay…
By PYMNTS July 2, 2026 In a startling disclosure that underscores the complex interplay between international trade policy and corporate finance, global sportswear titan Nike Inc. has announced it expects to receive a nearly $1 billion tariff refund from the federal government. The revelation, delivered alongside the company’s fiscal 2026 fourth-quarter and full-year earnings report,…
