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

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

Mortgage rates rose again this week, with the average 30-year fixed rate climbing past 6.8%. That’s not just a post-pandemic hangover; it’s a warning sign. Behind the scenes, rising government debt is ...

Starting January 7, 2026, the U.S. Department of Education will resume mandatory wage garnishment for defaulted student loans ...

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 ...

Globally, government debt/GDP ratios and debt service costs have increased since the GFC and Covid, raising the relevance and importance of sovereign bond indices like the FTSE Debt Capacity World ...

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 ...

Moody’s Downgraded the US… Should You Care? The S&P downgraded the US credit rating in 2011. Then, in 2023, Fitch followed suit. Finally, Moody's pulled the trigger on May 16, 2025. Their decision ...

A federal agency ratcheted up its estimate of debt tied to Trump's spending law. President Donald Trump's domestic spending measure will add more than $4 trillion to the national debt over 10 years, ...

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, ...