The Consumer Financial Protection Bureau (CFPB) is on a mission to protect consumers from illegal medical debt collection practices. It issued advisories in October identifying illegal practices and ...

According to the Congressional Budget Office’s most recent report, at a time of cyclical strength and very low unemployment, the US is running a budget deficit of seven percent of GDP while its public ...

Many Americans have heard that they should worry about the staggering size of the national debt. For the first time in modern ...

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 IMF said ...

Most Americans carry debt, and that includes the high-interest that comes with credit cards. Total credit card balances rose 5.8% from a year ago, to $1.14 trillion, according to a recent Federal ...

Debt collectors will face new federal rules aimed at preventing abuse of consumers, the Consumer Financial Protection Bureau will announce Thursday. The bureau is considering proposals to “drastically ...

Behind every on-screen loan shark is an even harder character making sure the mob’s debts are paid—make Peter pay, or Paulie might break your legs. The financial system is less violent, but similarly ...

From the Covid-19 pandemic to advanced-economy interest-rate hikes, developments over the last few years have left many developing economies struggling to repay their debts. But the problem might be ...

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 ...

The national debt has grown to more than $37 trillion. There is mounting concern in some quarters over how soon the ballooning debt will impact the lives of everyday Americans. As Paul Solman explains ...

Generation Z are entering adulthood with more financial burdens than any previous generation, according to a new survey. A poll by Talker Research for Newsweek revealed that Gen Z—born ...

On the surface, Carvana (NYSE: CVNA) looks like it had a spectacular turnaround year in 2023. Earnings rocketed from a $15.74 per share loss in 2022 to a profit of $4.12 per share. And it also seems ...