As the national debt is a few months from reaching $39 trillion, and perhaps $40 trillion by the end of this year, it is puzzling how unperturbed the political class is. Or perhaps not. Writer and ...

The COVID-19 pandemic has had enormous impacts on state and local governments by reducing tax revenue, causing widespread unemployment, and increasing healthcare costs. In addition to reducing ...

Gen Z is facing significant debt, and it's at a level that far extends past the elder generations. In a new report from cash advance app Vola Finance, 63 percent of Gen Z users already had ...

Based in San Mateo, California, Freedom Debt Relief was founded in 2002 with a mission to help Americans who have become overwhelmed by their unsecured debt. Launched during a time of rising consumer ...

Debt settlement means paying less than you owe to close out an account balance. Many consumers hire debt settlement companies or attorneys to help them negotiate debt. You may be able to save money by ...

Amounts forgiven through debt settlement may be taxed as income by the IRS. An IRS worksheet shows how to avoid paying taxes on debt settlement when you're insolvent. Taxpayers who are insolvent can ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while the debt collection process may be similar, the validity of ...

President-elect Donald Trump said Thursday that Congress should get rid of the debt ceiling, a day after he and Elon Musk came out against a deal reached by congressional lawmakers to fund the ...

Many countries burdened by high debt levels are struggling to invest in key areas like education, healthcare, and climate action. Debt-for-development swaps (debt swaps) offer a way to improve ...

The U.S. national debt surpassed $36 trillion for the first time in the nation's history on Friday as the federal government continues to accumulate debt at a record-setting pace. New data from the ...

Global public debt is very high. It is expected to exceed $100 trillion, or about 93 percent of global gross domestic product by the end of this year and will approach 100 percent of GDP by 2030. This ...

Forbes contributors publish independent expert analyses and insights. Melissa Houston covers financial issues that affect women in business. Managing debt is an inevitable part of growing a business.