Michael G. Peterson says the country is racing toward $40 trillion in debt.

US debt increasingly functions less like a conventional balance sheet liability and more like financial infrastructure. It is now more intermediated by systems rather than states.

US regional banks are racing to the investment-grade debt market for funding, seizing on calmer waters after tensions over ...

Treasury Secretary Scott Bessent on Wednesday offered some biting words about Denmark, which maintains territorial control ...

CreditNinja reports that about 41% of working-age Americans (72 million) have medical debt, affecting lower-income and ...

One of the greatest challenges currently facing the United States is the massive amount of credit card debt that American families are facing. According to the Federal Reserve Bank of New York 2025 ...

Add Yahoo as a preferred source to see more of our stories on Google. Image Credit: Shutterstock. Accruing mountains of debt is a common problem among Americans. Data reveals the typical American ...

In April 2025, Freedom Debt Relief reviewed data from tens of thousands of people actively looking for help with their debt. The numbers might be surprising. A collection account is a debt your ...

Holiday spending was expected to be tempered this year but the latest data shows Americans aren’t slowing down, even with growing debt. The National Retail Federation said nearly 203 million U.S.

Credit card debt has reached crisis levels, with the average American cardholder now owing $7,886. When combined with interest rates near 23%, this creates a situation where monthly interest charges ...