Understand how central banks monetize government debt by trading interest-bearing securities for cash, impacting inflation ...

Total federal debt was $620 billion in 1976. Why 1976? In a recent column, Holman Jenkins referenced Jimmy Carter’s contention in a 1976 debate that “The best way to control inflation is to cut down ...

A borrower is in default after an extended period without making payments and failing to restore the loan to good standing.

The U.S. gross national debt has surpassed $38 trillion for the first time, U.S. Treasury Department data shows. The country's mounting debt comes as the government remains closed, disrupting the ...

The federal government just accumulated an additional $2 trillion in debt over the last 12 months. That's the kind of debt surge America usually racks up in wartime or during major national ...

Starting January 7, 2026, the U.S. Department of Education will resume mandatory wage garnishment for defaulted student loans. After a five-year pandemic pause, the government is targeting 5.3 million ...

Complaints about aggressive debt collection have skyrocketed in recent months, federal data shows, a sign that more Americans are falling behind on credit cards and medical bills. The rise in ...

Disputing collections debt can protect your credit, but only if you know when it actually makes sense to do so.

Having watched Chicago’s City Council rebel against his budget and pass its own, Mayor Brandon Johnson is now focused on the matter of how (and if) the city collects its past-due debts. Going forward, ...