Many Americans have heard that they should worry about the staggering size of the national debt. For the first time in modern ...
A poll by Talker Research for Newsweek revealed that Gen Z—born 1997-2012—carries the highest average personal debt when compared to older counterparts. Gen Z carries the high ...
But these latest statistics on debt arrive amid heightened questions about how consumers are holding up in an environment marked by persistent inflation. While the big picture generally indicates ...
Herb Stein famously said that if something cannot go on forever it will stop. He might very well have been talking about the unsustainable debt situations of the United States, Japan, and France. All ...
The wise minds at Moody’s Investors Service finally acknowledged last month what the other two main credit rating agencies did years ago: America has a debt problem. Now it’s time for America to ...
London (CNN) — The high and rising level of US government debt risks driving up borrowing costs around the world and undermining global financial stability, the International Monetary Fund has warned.
The government's soaring debt balance risks stoking inflation and lowering the quality of life for Americans, economists said.
Credit-card balances climbed under inflation's weight - but the share of debt lapsing into 30-day delinquency just declined for the first time in roughly three years Americans are still building up ...
For investors who listened to Dalio’s predictions of a coming “depression” a decade ago, they missed participating in one of the most significant bull markets in U.S. history. Not all debt is created ...
Efforts to shrink its beloved safety net face legislative gridlock. Bloomberg Originals explores what may force change and ...
The wise minds at Moody’s Investors Service finally acknowledged last week what the other two main credit rating agencies did years ago: America has a debt problem. Now it’s time for America to ...