Q&A: Bringing the debt ceiling down to our level

Much ado about the debt ceiling the past couple months. As the issue plays on (and on and on) in the news cycle, a reset is in order. Let's get to the nuts and bolts of an issue that—believe it or don't—can be understood ...

Governments target medical debt with COVID relief funds

Millions of Americans mired in medical debt face difficult financial decisions every day—pay the debt or pay for rent, utilities and groceries. Some may even skip necessary health care for fear of sinking deeper into debt.

Three reasons a weak pound is bad news for the environment

The day before new U.K. chancellor Kwasi Kwarteng's mini-budget plan for economic growth, a pound would buy you about $1.13. After financial markets rejected the plan, the pound suddenly sunk to around $1.07. Though it has ...

Big student loan forgiveness plan announced by Biden

President Joe Biden on Wednesday announced detailed plans to deliver on a campaign promise to provide $10,000 in student debt cancellation for millions of Americans—and up to $10,000 more for those with the greatest financial ...

How the debt crisis of 2008-09 fueled populist politics

The economic downturn of 2008-09 has often been described as a financial-sector crisis, featuring failing banks. But it was much more than that. Many people with stagnant or dropping incomes, having borrowed to sustain their ...

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