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35,000 student-loan borrowers in public service are getting $1.2 billion in debt wiped out after fixes to a key relief program

The Education Department approved another batch of student-loan borrowers for debt relief through t…

Ayelet Sheffey   


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Ayelet Sheffey   


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People are raiding their savings and racking up debt, paving the way for economic pain, expert warns

Soaring prices and borrowing costs mean people are spending nearly every dollar they have just to s…

Theron Mohamed   


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4 mins read

I want to be debt-free by the time I'm 30. Here's how I budget my $109,000 salary.

Libby Brooks was using the 50/30/20 rule for budgeting, but when she realized it wasn't helping her…

Charissa Cheong   


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3 mins read

Anil Agarwal makes 'zero debt' pledge, says 'very comfortable' servicing debt

Mining mogul Anil Agarwal has said his Vedanta group has ample cash flow to service all its debt re…

PTI   


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1 min read

The US is headed for a financial crisis because of soaring national debt, billionaire investor Leon Cooperman says

"Deficits matter, and I think we're headed into a financial crisis in this country," Cooperman told…

Yuheng Zhan   


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1 min read

There is 'zero chance' of the US defaulting on its debt, Wharton professor Jeremy Siegel says

"There is zero chance the debt issue will not get resolved," Siegel said in his WisdomTree commenta…

Zinya Salfiti   


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3 mins read

My fiancé was laid off months ago, and he's in debt. I'm now overworking myself to make ends meet.

Her fiancé was laid off and struggles to find a new job, so she's been overworking herself to compe…

Kelsey Herbers   


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Jerome Powell rang the alarm on debt, saying it shouldn't be dumped on future generations

The US government is spending at an unsustainable rate and sticking future generations with the bil…

Theron Mohamed   


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1 min read

Soaring US debt will 'break' markets at some point if spending isn't reined in, Wharton professor warns

Wharton's Joao Gomes said he's worried the debt-to-GDP ratio could double in the next 20 years.

Jennifer Sor   


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Stocks will drop, soaring US debt is worrying — and Elon Musk is overpaid, says elite investor Leon Cooperman

The stock market looks expensive and is already pricing in strong earnings and an improved economic…

Theron Mohamed   


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4 mins read

TCS, Infosys, HUL and more – here’s the list of zero debt companies of Nifty 50

TCS, Infosys and HUL lead the pack when it comes to zero debt companies in India. Together, these s…

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2 mins read

Spotify's layoffs show there's a debt-market time bomb awaiting many companies

Spotify cut 1,500 jobs Monday – and CEO Daniel Ek pointed to higher debt-refinancing costs as one f…

George Glover   


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3 mins read

JPMorgan, Blackstone, BlackRock don't expect a US debt default - Wharton professor Jeremy Siegel says it's a 'zero chance' risk.

Economists including Jeremy Siegel ruled out a US debt default, saying the political standoff over …

Zinya Salfiti   


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4 mins read

Climate crisis: Net zero goal still alive, says IEA

Globally, the rate at which people are installing solar panels and buying electric vehicles is "per…

PTI   


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4 mins read

Screw it, I solved the student debt forgiveness debate

Hear me out, I actually think we have a pretty good compromise here on how to solve the student deb…

Walt Hickey   


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2 mins read

Vedanta Resources pays $400 million debt, borrowings down to $6.4 billion

Vedanta's gross debt as of today stands at USD 6.4 billion, down from USD 6.8 billion at the end of…

PTI   


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4 mins read

I got a job at Amazon without a college degree. 5 years later, I lead an AWS team, bought a home, and have zero student debt.

Fidel Contreras applied to an Amazon Web Services technical learning program and says he's thankful…

Fidel Contreras   


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3 mins read

Rising corporate bankruptcies and debt defaults are another headwind for the economy, experts warn

Bankruptcies and debt defaults are still rising and will peak sometime over the next two quarters, …

Jennifer Sor   


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4 mins read

The US's massive debt pile is fueling the bond-market crash. These 4 charts tell the story.

Concerns about the deficit have fueled the Treasury-bond market meltdown of the past few weeks. The…

George Glover