Though you may have heard otherwise, austerity is in full force in the U.S., helping the government pay down debt for the first time in six years. ...

Forget about Reinhart and Rogoff, and whether they're right or wrong about the horrors of too much government debt. The bond market has spoken: There'...

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

The national debt surpassed a record $16 trillion on Friday: a massive figure that Republican politicians are using to slam the Obama administration. ...

There is indeed a real fiscal cliff that the United States is racing towards. It's the very same cliff that Europe has already dived over. That cliff is based on the collapse of our debt and dollar markets, resulting from the lost faith on the part of international investors.

WASHINGTON (AP) — The rating agency Standard & Poor's stunned the world a year ago by stripping the U.S. government of its prized AAA bond ratin...

The 2011 argument about the debt ceiling cost the U.S. government about $1.3 billion in extra borrowing costs, according to a new study. And that's just the costs that they bothered to count.

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...

(The author is a Reuters columnist. The opinions expressed are his own) By David Cay Johnston Jan 10 (Reuters) - The Fe...

NEW YORK (Daniel Bases) - Fitch Ratings on Wednesday warned again that the United States' rising debt burden was not consistent with maintaining t...

Consumer sentiment fell in July to its lowest point in more than two years, as anxieties over stagnant wages and rising unemployment deepened, a s...