Four years after the Great Recession, U.S. households are slowly repairing their balance sheets and shedding their debt -- except when it comes to stu...

(Reuters) - The Dow Jones industrial average is at an all-time high, the jobless rate has fallen to a four-year low and the housing market is seeing a...

By Heather Struck NEW YORK, Feb 21 (Reuters) - The recession had a strong impact on young Americans who saw the credit crisis up close...

By Lucia Mutikani WASHINGTON, Dec 27 (Reuters) - A measure of the burden of U.S. household debt tumbled in the third q...

(In 3rd paragraph, corrects median net worth to $77,300 in 2010, not $77.3 trillion, and corrects to $126,000 in 2007, not $126 trillion.) ...

Burdened by debt? You're far from alone. The financial crisis left millions of American families struggling with their own personal debt crises. T...

WASHINGTON - Consumer debt fell during July through September, pushed down by declines in mortgage balances, the New York Federal Reserve said on...

VIRGINIA BEACH, Virginia (Reuters) - Households' caution about taking on debt and spending will stand them in good stead when the economic recovery be...

Spending and debt remain intrinsic features of a capitalist economy. The key question is, which sector is best positioned to service the debt: families and businesses, or the government?

WASHINGTON — The depressed housing market flashed a positive signal in July, with home prices in most major U.S. cities rising for the fourth straig...

With unemployment high, markets on a hair trigger and the memory of Washington debt-ceiling gridlock still fresh, many Americans are reluctant to put ...

The much-touted improved profitability of many car companies is not based on earnings from manufacturing or selling the vehicles but from charging interest.

Over the past year, a number of economists have proclaimed the recession's end. The media, too, have urged economic optimism, particularly in the last...

Our recovery remains very vulnerable and unevenly distributed. It remains too early to be as confident the pundits and prognosticators are today.

Despite the excitement over the stock markets, credit markets remain ground zero. They are where defaults destroy fortunes but they are also crucial to US industrial growth.

Once all the TARPs are tidied up and the quarterly profits no longer a revelation, American consumers will still be swaddled in debt. What's to stop them from just walking away from it?