New York City announced in October that it has canceled nearly $135 million in medical debt for more than 75,000 New Yorkers.

A debt spiral is like a death spiral” claims Nassim Nicholas Taleb, and it will require “a miracle” for America to extricate ...

Even a federal shutdown can’t keep the national debt from continuing to spiral out of control. The nation’s debt now tops $38 ...

Debt collectors have limits, but ignoring them isn't a solid strategy. Here's what happens when debt goes unpaid.

Even a federal shutdown can't keep the national debt from continuing to spiral out of control. It's an unfathomable amount of money, so consider this: Every citizen's share of that debt is more than ...

Weakness among lower-income Americans could spread and "contaminate" other parts of the US economy, El-Erian warned.

The owner of Fatburger went on a buying binge in 2020 and 2021. Five years later it is working furiously to generate cash ...

Soaring government debt is in the U.S.’s future, and at borrowing costs that will continue to decline. See the excellent ...

California hasn’t turned the corner on its growing government debt problems — and it’s not even really trying. It’s been 13 years since California’s debt crisis captured the public’s consciousness, as ...