Junior debt, a type of subordinated debt, is repaid after senior debts during defaults, offering higher returns due to its riskier nature in real estate investing.

PIMCO, managing $2 trillion in assets, warns that with public debt at record levels, governments have limited fiscal ammunition to counter the next downturn. In the U.S., a looming tax bill threatens ...

The numbers behind America’s fiscal policy can be overwhelming, especially when we’re talking about trillions of dollars. With the nonpartisan Congressional Budget Office projecting $3.3 trillion in ...

Could the richest Americans simply write a check to erase the U.S. debt? I asked ChatGPT to play out this scenario to see what would happen.

Just seven months after graduating from business school, I made the final payment on my $72,000 student loan balance. It wasn’t easy — it took extra hustle, long days and sacrifice — but I wouldn’t ...

Freedom Debt Relief reports that negotiating credit card debt can lead to lower payments, waived fees, or partial forgiveness ...