Yellen pushes competition, not conflict with China, in her first in-person meeting with counterpart
Treasury Secretary Janet Yellen met with Chinese Vice Premier Liu He on Wednesday in Switzerland, pushing an effort to prevent "anything even near conflict."
Looming debt ceiling showdown risks triggering 'self-inflicted' recession for US economy
If Congress fails to raise the roughly $31.4 trillion federal debt limit by June, it could trigger a "self-inflicted" recession and "severe" market pain.
Don't be afraid to face your financial fears: Money manager Dave Ramsey gives tips to build wealth in 2023
Ramsey Solutions founder and CEO Dave Ramsey and financial expert Rachel Cruze break down the key ways Americans can manage and grow their wealth in 2023.
Yellen warns that US will hit debt limit next week
The U.S. government will reach its statutory debt limit next Thursday, according to a letter from Treasury Secretary Janet Yellen notifying Congress.
Credit card debt carried over monthly is most common type of debt: AARP
Credit card debt is affecting many Americans as they deal with high inflation, and many are carrying their balances from month-to-month. Here’s how to pay down credit card debt quickly.
Credit card debt on the rise: Here’s the ‘best weapon in your arsenal’ to fight it
LendingTree chief credit analyst Matt Schulz discussed how to battle credit card debt amid high inflation.
Consumer complaints about credit reporting agencies highlighted in CFPB report
The CFPB released a report regarding consumers' complaints about the nationwide credit reporting agencies and efforts to fix those concerns.
How to create a holiday credit card payback plan
Once you have your list of how much you owe and to whom, and interest rates on your credit cards, start your pay-pack plan. You may want to consolidate your holiday debt.
Credit scores steady, but auto, credit cards flash warning
Credit scores remained relatively steady in November, while auto loan delinquency rates and average credit card balances saw YOY increases, VantageScore found.
Year-end bonuses: Smart ways to use your extra cash
With the end of the year approaching, many workers anticipate getting bonuses from their employers. There are multiple good things people can do with them.
Credit card, personal loan delinquencies expected to surge in 2023: TransUnion
TransUnion says its latest forecast indicates delinquency rates for credit cards and personal loans could surge next year to highs not seen in more than a decade.
Buffalo Bills' Josh Allen helps Americans clear $10M of consumer debt
Buffalo bills quarterback Josh Allen teamed up with ForgiveCo to relieve over $10 million worth of debt for hardworking people in Buffalo, Wyomning and Central California.
WeWork’s once robust cash reserves have dwindled, raising chances of default
WeWork, saddled with expensive long-term leases and more than $3 billion of debt, recorded a negative cash flow of around $4.3 billion between July 2020 and September of this year.
Supreme Court expands review of Biden’s student loan handout
The U.S. Supreme Court has agreed to hear another challenge to the Biden administration's student loan relief program, putting it in further jeopardy
Credit card balances hit record high amid inflation: TransUnion
Inflation and an uncertain economy influenced record-high credit card balances in the third quarter of 2022, according to TransUnion. Here’s how you can pay off your high-interest debt.
Carvana creditors criticize management, gird for a fight
Carvana's creditors include Apollo Global Management Inc., Pacific Investment Management Co. and Ares Management Corp., all veterans of restructuring fights.
Middle-class households use credit cards to fill income gap: survey
A growing number of middle-class households are turning to credit cards and taking on debt to make ends meet, a Primerica survey said.
Nearly half of Americans expect to go into debt buying holiday gifts: survey
Nearly half of Americans expect to go into debt during the holidays this year. Here’s how to pay down your holiday debt quickly.
Debt ceiling bomb nears as government spending balloons
The federal government will soon hit the debt ceiling, which means no additional borrowing can take place. Measures will be needed to make sure the ceiling is not breached.
Supreme Court to hear arguments on Biden’s student loan handout plan, cancellations remain blocked
President Biden's program to cancel student loans remains blocked, but the Supreme Court has agreed to pick up the case in late winter.