In a new working paper published by the National Bureau of Economic Research, economists Vadim Elenev, Tim Landvoigt, an ...

Explore how debt deflation increases real debt burdens during economic downturns and its potential spiral effects on the economy and borrowers.

Venezuela’s debt crisis is one of the largest unresolved sovereign defaults in the world, the legacy of years of economic ...

Discover how a national debt crisis affects global economies, disrupting trade, boosting inflation, and affecting currency values worldwide.

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 ...

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 ...

Leaders who fail to adapt to higher interest rates risk being squeezed by rising debt service costs, which can cripple ...

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 ...

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 ...

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 ...

Debt, internal or external, has become a significant issue in Nigeria in recent times. About two weeks ago, there was good news that Nigeria had cleared its International Monetary Fund loans. Two ...