"Macroeconomic feedback effects would further increase interest rates and, therefore, lead to even worse fiscal outcomes," the Peter G. Peterson Foundation warned.

SmartAsset examined the latest debt breakdowns by region and age group to understand the financial bottlenecks different American cohorts are facing.

The ratings agency Moody’s joined many other debt watchdogs recently in expressing alarm at the rapidly deteriorating fiscal situation of the US government. Moody’s still rates US debt as AAA ...

That's a 5% increase from 2023, although credit card debt is growing more slowly than in previous years. Total U.S. credit card debt reached an all-time high in the fourth quarter of 2024 ...

The post Homeowners Are Sitting on $34.7 Trillion in Equity—but Mortgage Debt Is Growing appeared first on Real Estate News & ...

Anyone who thought that government bonds would provide a safe haven from the turmoil on global stock markets has just had a ...

Increasing debt, slow economic growth to raise interest payments and pose significant risks to US fiscal, economic outlook, says Congressional Budget Office - Anadolu Ajansı ...

In many ways, 2024 was a continuation of the previous year: a slow increase in total mortgage debt as new higher-cost ...

Debt settlement has major risks but can be a last-ditch option for those buried in debt. U.S. News provides advice on which ...