The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money ...

At its current rate of borrowing, the country’s debt as a share of the economy will reach 118% in 2035, the Congressional ...

House Democrats are sending an early warning shot as the government’s borrowing window inches to a close: winning Democratic ...

Municipal bonds issued for riskier projects like charter schools and small colleges may break a 12-year record for distress ...

Across the 38-member organisation, interest payments on government debt are swallowing an ever-greater portion of government ...

Global rise in borrowing costs to blame for UK’s higher debt spending – Reeves - Rising borrowing costs are expected to ...

Bankruptcy is generally seen as a last resort, although it can be preferable to debt settlement. Each one severely damages your credit, but bankruptcy may cost less overall while taking less time ...

WACC is calculated as: WACC = (weight of equity) x (cost of equity) + (weight of debt) x (cost of debt). However, not all capital obligations involve debt and, therefore, the risk of default or ...

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

Credit card debt is common, but paying high interest rates on your balance can get expensive. According to the Fed, credit cards have an average APR of 16.28%, and your cards might have higher or ...

When a lender assumes it can no longer recoup the cost of the debt, it will write off the unpaid debt as a loss for tax purposes. The lender may then sell your debt to a collection agency or a ...