Debt

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U.S. Capitol dome against backdrop of dollars
Finance

Remember, the U.S. doesn’t have to pay off all its debt, and there’s an easy way to stabilize it, Nobel laureate Paul Krugman says

By
June 8, 2024
Bed, Bath & Beyond storefont
Finance

They accrued debt to buy back their own stock. It led them to bankruptcy

By Bernard Condon and The Associated Press
June 7, 2024
Emmanuel Macron gestures with hands while speaking
Finance

S&P downgrades France as debt to soar more than expected, putting it on par with Czech and Estonian ratings

By William Horobin and Bloomberg
June 1, 2024
Jamie Dimon says some private credit ratings ‘shocked’ him, evoking bad memories of mortgages before the Great Recession: ‘There could be hell to pay’
Finance

Jamie Dimon says some private credit ratings ‘shocked’ him, evoking bad memories of mortgages before the Great Recession: ‘There could be hell to pay’

By
May 30, 2024
Treasury Secretary Janet Yellen stands at podium
Finance

Janet Yellen warns higher outlook for rates will make it harder to keep deficits and debt expenses under control

By Viktoria Dendrinou, Christopher Condon and Bloomberg
May 26, 2024
Skyline of Frankfurt am Main, Germany, the financial center of the country.
Finance

Debt-hungry American companies are flocking to Europe as interest rate cuts fuel $33 billion ‘Reverse Yankee’ effect

By
May 18, 2024
JPMorgan Chase CEO Jamie Dimon urged the U.S. once again to reduce its national deficit, warning it will become “far more uncomfortable” if financial markets force the government’s hand.
Finance

Jamie Dimon once again says we should tackle the national deficit: ‘That is important for the world’

By
May 17, 2024
JPMorgan Chase CEO Jamie Dimon
Finance

The ‘X Date’ is when the U.S. runs out of cash—and experts fear election chaos could mean another debt ceiling showdown with no Treasury Secretary to steady the ship

By
May 17, 2024
American families are struggling with debt. When it gets forgiven, the tax code treats it like extra income
Commentary

American families are struggling with debt. When it gets forgiven, the tax code treats it like extra income

By
May 16, 2024
Credit cardCredit card
Personal Finance

Nearly one-fifth of Americans have ‘maxed out’ their credit cards as inflation and high interest rates push delinquencies to 3-year high

By
May 14, 2024
Gen Z worker looking worried at he computer
Success

Gen Z really do have it worse: Those in their early 20s are earning less and have more debt than millennials did at their age

By
May 14, 2024
Speaker of the House Mike Johnson,
Politics

As U.S. debt soars past $34 trillion, Congress has killed off its plan to tackle the crisis

By Kevin Freking and The Associated Press
May 11, 2024
Young Asian woman handling home finances with laptop, looking worried while going through financial bills. Financial plan, tax, spending and budgets, financial problems concept
Success

The cost-of-living crisis is so bleak that some Gen Zers genuinely fear becoming homeless

By
May 11, 2024
European Commission President Ursula von der Leyen speaks to reporters outside of the West Wing following a meeting with US President Joe Biden at the White House in Washington, DC.
Finance

Belgium is racking up debt as fast as the U.S.—but without the benefit of the dollar

By Craig Stirling, Alexander Weber, Lyubov Pronina and Bloomberg
May 9, 2024
Credit card debt is becoming a bigger problem for young Americans.
Personal Finance

Gen Z is sinking deeper into debt as higher costs for education and housing weigh them down, new data shows

By
May 8, 2024

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