Leaders who fail to adapt to higher interest rates risk being squeezed by rising debt service costs, which can cripple ...
For people locked out of homeownership, “Buy Now, Pay Later” has become a way to finance basic expenses — with future income that may not actually materialize. The Trump administration, meanwhile, is ...
Last week, the national debt surpassed $37 trillion, twice what it was just a decade ago. Once upon a time, the national debt was the subject of intense national debate. Democrats and Republicans once ...
"Governments have long mobilized private wealth to support public finances. There are several approaches," UBS chief economist, Paul Donovan, outlined in a recent call.
The fast-growing national debt is on pace to reduce the growth in American households' incomes in the decades ahead if the debt isn't stabilized, according to a new report. An analysis by the ...
Finance Minister Nirmala Sitharaman said debt reduction will be a core fiscal focus from next year, urging states to improve ...
Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...
For many people, the economy is a simple equation: paychecks minus expenses. When it feels like our incomes are growing faster than prices, the economy is in good shape. When they’re not, it’s lousy.
Washington is running its largest peacetime budget deficit in American history. The national debt held by the public has leaped from 40 percent of the economy in 2008 to 100 percent today—on its way ...
Two new surveys out early Wednesday are putting candidates on notice that the biggest concerns of voters as Election Day nears are the sky-high debt from government spending and the economy. In a ...
Americans are feeling increasingly uneasy about the economy and their own job prospects. According to a new Gallup report, confidence in finding a quality job fell in November to its lowest level ...