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Debt

See How Nations' Debt Stacks Up To Their Famous Buildings [GRAPHIC]

The Huffington Post | Posted 02.13.2012 | Business

Greece's huge amounts of sovereign debt put the Eurozone's economy in jeopardy and had consequences for the global economy. But, Greece isn't alone...

White House Chief Of Staff: Now Is The Wrong Time For Austerity Measures

Reuters | Posted 02.13.2012 | Business

Washington, Feb 12 (Reuters) - President Barack Obama's chief of staff, Jacob Lew, defended his boss on Sunday for failing to cut the U.S. budget de...

American Gridlock: Why the Right and Left Are Both Wrong -- and What Can Be Done About It

Dr. H. Woody Brock | Posted 02.10.2012 | Politics

Dr. H. Woody Brock

Pessimism is ubiquitous throughout the western world as the pressing issues of massive debt, high unemployment and anemic economic growth divide the p...

Alabama's Largest City Looks For Alternatives To Payday Lenders

The Huffington Post | Alexander Eichler | Posted 02.10.2012 | Business

The biggest city in Alabama is putting its payday lenders on notice. Bankers and community leaders in Birmingham, Alabama met Thursday to discuss d...

Lehman Brothers Suing Citi Over Huge Account

AP | Posted 02.10.2012 | Business

NEW YORK -- Lehman Brothers Holdings Inc. and its creditors are suing several units of Citigroup Inc. to recover $2.5 billion the failed investment ba...

Five Tips for Relationship Fiscal Harmony

Pamela Yellen | Posted 02.08.2012 | Style

Pamela Yellen

How compatible are you and your partner when it comes to money and finances? Many couples have different values where money is concerned and neglect to take the time to hash out issues that can potentially ruin their relationship.

Can Money Buy Freedom?

J.D. Roth | Posted 02.08.2012 | Business

J.D. Roth

Money can't buy happiness, it can't buy love, and it can't buy freedom either. But money does make obtaining these goals much, much easier.

Surf's Up! Balance Transfers Are Back

Ellen Cannon | Posted 02.07.2012 | Business

Ellen Cannon

Balance transfer deals became scarce following the financial crisis of 2008 as credit card issuers pulled back on their offers. In 2011, though, this started to change, and many new balance transfer offers are anticipated this year.

Debt, Toll Roads and Patents

Dean Baker | Posted 02.06.2012 | Business

Dean Baker

If the deficit hawks really cared about our children's well being, they would be talking not just about deficits, but all the issues that affect the health of the economy and society that we will pass on to future generations.

Credit: The Gift & The Curse! - 5 Ways to Pay Down Debt

Ash Cash | Posted 02.06.2012 | Black Voices

Ash Cash

High debt can stop you from getting loans, renting or buying a home, purchasing a car or even getting a job. Credit can be a gift or a curse! Making some small sacrifices early can give you peace of mind and put you on the right road to financial freedom. Here are some tips.

Auction 2012: Greedy Bastards and Student Debt

Dylan Ratigan | Posted 02.03.2012 | Politics

Dylan Ratigan

Like banks and oil companies, those who run our universities push the hidden risk they incur to taxpayers. It's not as obvious as what we saw with subprime home loans, but it is potentially as destructive.

CBO: Tax Hikes, Defense Cuts, and Slow Growth -- One Vision for the Future

Fred Bauer | Posted 02.02.2012 | Politics

Fred Bauer

The assumptions made here by the Congressional Budget Office suggest a radically different federal government than we're used to, one that taxes more and one that spends more on various mandatory domestic programs and less on defense and discretionary programs.

Bonnie Kavoussi

Bernanke: 'The Elephant In The Room Is Really Health Care Costs'

HuffingtonPost.com | Bonnie Kavoussi | Posted 02.02.2012 | Business

Federal Reserve Chairman Ben Bernanke warned Thursday that rising health care costs must be curbed if the U.S. government is to reduce the federal deb...

Warren Buffett Matches Teen's Donation To Reduce Budget Deficit

Posted 02.02.2012 | Impact

At 16, Katie Murphy of Northbrook Ill., decided to take the federal budget deficit into her own hands, citing the problem as one her generation will h...

BofA Arm Loses Big In Customer Lawsuit

Reuters | Posted 02.02.2012 | Business

(Adds details) By Suzanne Barlyn Feb 1 - Bank of America Corp's Merrill Lynch unit must pay nearly $1.4 million in dama...

New Report Reveals Surprising Result About Deficit

AP | ANDREW TAYLOR | Posted 01.31.2012 | Politics

WASHINGTON — The government will run a $1.1 trillion deficit in the fiscal year that ends in September, a slight dip from last year but still ve...

Private Businesses Are Improving, But a Big Unknown Lurks

Brian Hamilton | Posted 01.26.2012 | Business

Brian Hamilton

Are the best years of the United States behind us? I don't think so, but the national debt will remain the biggest threat to this glacier of an economy.

What To Do When You're In Debt

Posted 01.25.2012 | Women

Kevin Yu | The Daily Muse If you've recently found yourself buried in debt, you're probably hoping to shut your eyes and make it all disappear. And...

America 2012 and the Moral Imperative to Walk Away From Big Bank Debt

Nicholas Carroll | Posted 01.25.2012 | Business

Nicholas Carroll

The 99 Percenters also have power. We have the power to dictate masses of smaller individual deals, on underwater homes and usurious interest. We can simply reduce the interest to 0% and the principal to $0.00 -- by not sending the big bank any more money.

Catherine New

Cash Is Still The Most Popular Way to Pay for Most Americans: Report

HuffingtonPost.com | Catherine New | Posted 01.24.2012 | Business

When it's time to pay for small, everyday items, cash is still king. More than three-quarters, or 79 percent, of consumers said they made a cash p...

States With The Highest And Lowest Credit Card Debt

24/7 Wall St. | Charles B. Stockdale | Posted 01.22.2012 | Business

From 24/7 Wall St.: Americans cut down their credit card debt by 11 percent last year, compared to 2010, according to a new report by Credit Karma. 24...

Catherine New

Banks Tap Reliable Money Maker: Credit Cards

HuffingtonPost.com | Catherine New | Posted 01.20.2012 | Business

After being rebuffed in its efforts to charge $5 per month for debit card use, Bank of America is gambling on the optimism of American consumers and g...

Credit Cards May Not Be So Bad, After All

Don McNay | Posted 01.18.2012 | Business

Don McNay

I went over a decade without a credit card. I've proven you can live without them. Now I am saying that some people, especially small business owners, might want to think about getting a card and using it wisely. Why the change?

Debt Ceiling Controversy Resurfacing

AP | ANDREW TAYLOR | Posted 01.18.2012 | Politics

WASHINGTON — The GOP-controlled House on Wednesday kicked off another session with a protest vote against raising the government's borrowing cap...

Ron Paul Abandons Campaign Trail For Big Vote

AP | BETH FOUHY | Posted 01.18.2012 | Politics

COLUMBIA, S.C. — Ron Paul is stepping off the presidential campaign trail to vote against raising the federal debt ceiling. The Texas congressm...