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Debt

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FinanceThey accrued debt to buy back their own stock. It led them to bankruptcy
By Bernard Condon and The Associated PressJune 7, 2024
Emmanuel Macron gestures with hands while speaking
FinanceS&P downgrades France as debt to soar more than expected, putting it on par with Czech and Estonian ratings
By William Horobin and BloombergJune 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’
FinanceJamie Dimon says some private credit ratings ‘shocked’ him, evoking bad memories of mortgages before the Great Recession: ‘There could be hell to pay’
By Will DanielMay 30, 2024
Treasury Secretary Janet Yellen stands at podium
FinanceJanet Yellen warns higher outlook for rates will make it harder to keep deficits and debt expenses under control
By Viktoria Dendrinou, Christopher Condon and BloombergMay 25, 2024
Skyline of Frankfurt am Main, Germany, the financial center of the country.
FinanceDebt-hungry American companies are flocking to Europe as interest rate cuts fuel $33 billion ‘Reverse Yankee’ effect
By Ryan HoggMay 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.
FinanceJamie Dimon once again says we should tackle the national deficit: ‘That is important for the world’
By Sunny NagpaulMay 17, 2024
JPMorgan Chase CEO Jamie Dimon
FinanceThe ‘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 Eleanor PringleMay 17, 2024
American families are struggling with debt. When it gets forgiven, the tax code treats it like extra income
CommentaryAmerican families are struggling with debt. When it gets forgiven, the tax code treats it like extra income
By Denise Dunckel MorseMay 16, 2024
Credit cardCredit card
Personal FinanceNearly one-fifth of Americans have ‘maxed out’ their credit cards as inflation and high interest rates push delinquencies to 3-year high
By Alicia AdamczykMay 14, 2024
Gen Z worker looking worried at he computer
SuccessGen 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 Orianna Rosa RoyleMay 14, 2024
Speaker of the House Mike Johnson,
PoliticsAs U.S. debt soars past $34 trillion, Congress has killed off its plan to tackle the crisis
By Kevin Freking and The Associated PressMay 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
SuccessThe cost-of-living crisis is so bleak that some Gen Zers genuinely fear becoming homeless
By Jane ThierMay 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.
FinanceBelgium 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 BloombergMay 9, 2024
Credit card debt is becoming a bigger problem for young Americans.
Personal FinanceGen Z is sinking deeper into debt as higher costs for education and housing weigh them down, new data shows
By Christiaan HetznerMay 8, 2024
young woman leans back with eyes closed
FinanceGen Z will pay dearly for this U.S. blunder on the massive debt that boomers, Gen X, and millennials are dumping on them, former White House economist warns
By Jason MaMay 5, 2024
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