If the United States defaults on its financial obligations, millions of Americans might not be able to pay their bills as well. With Social Security and other government benefits at risk amid a ...

For the first time in years, borrowers who have stopped paying their student loans may have their wages garnished to repay their debts. The return of wage garnishment for student borrowers comes as ...

American households are carrying more debt than ever, and the strain is starting to show in rising delinquencies. The total tab has climbed to roughly $18.6 trillion, a new high that reflects not just ...

Default rates of bonds and leveraged loans are becoming harder to predict as more companies restructure their debt, according to research analysts at Citi. That’s making it more difficult for ...

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 ...

China Vanke Co. is preparing a debt restructuring plan at the request of authorities, people familiar with the matter said, ...

Governments sometimes get themselves into trouble with too much debt. Early economist Adam Smith devoted the last chapter of his famous Wealth of Nations (1776) to the topic of sovereign default. “The ...

Oracle’s default risk is rising fast. The tech giant’s 5-year Credit Default Swap has jumped to 128 basis points, the highest level since the 2008 financial crisis. Traders are now aggressively buying ...