"When debt and debt service rise relative to your income, it’s like plaque in the arteries that then begins to squeeze out the spending," Dalio stated. He explained that as governments are forced to ...

Pensions and debt dominate Chicago’s spending increases, crowding out core services. Without reform, rising obligations will ...

Quincy, Massachusetts, carries $1.64 billion in debt, the highest per capita among comparable cities in the state. A $575 million pension obligation bond (with interest) and $187 million in District ...

Is that the heady scent of hubris, wafting through the winter air of Washington, D.C.? So bold has President Trump been in the first month of his second term that nervous Europeans wonder if the ...

The United States is currently in a "death spiral" of debt that could lead to an economic "heart attack" if both parties do not work together to start cutting immediately, according to Ray Dalio, the ...

The U.S. Department of Education has limited who can get student debt relief under the Public Service Loan Forgiveness Program, with the Trump administration saying they will not cancel loans for ...

WASHINGTON, April 23 (Reuters) - More work is needed to improve the sovereign debt restructuring process and help countries facing mounting debt service challenges, the chairs of a global debt ...

. Just because something is the biggest, it isn’t necessarily the best. Euromoney asked the world’s biggest borrowers to name what they thought were the best debt underwriters in 23 different ...

South Africa’s central bank Governor Lesetja Kganyago emphasized the benefits of a lower inflation goal, saying it could save ...