While Tuesday's focus was on the tariff-related inflation hit to Treasuries, it's been a rough week for government bonds ...

A debt trap happens when you borrow money to repay existing loans, and then borrow again to cover the new ones. It’s a ...

Calls for foreclosure prevention advice jumped upward by almost 30% from a year ago and helped fuel overall consumer distress ...

President Trump’s new spending bill will increase federal deficits, adding to a debt load that’s already grown more than 50% ...

Homeowners are welcoming the Overnight Policy Rate (OPR) cut and the reduced interest it would bring to their housing loans, but they believe that it would only serve as a limited relief to the rising ...

In a widely expected decision, the Monetary Policy Board of the Bank of Korea (BOK) held its key rate steady at 2.5 percent ...

US household debt reaches $18.04 trillion while credit card balances hit $1.21 trillion. The Federal Reserve reports increasing pressure on auto loan borrowers amid rising interest rates.

Over the last several months, credit card spending has dropped, signaling that Americans may be running out of borrowing ...

South Korea held interest rates on Thursday as leaders grapple with rising household debt and an unpredictable trade war that could see the country hit with steep tariffs.

South Korea’s central bank kept interest rates steady in a widely expected move, amid easing concerns over the country’s economic outlook.

The Bank of Korea leaned slightly hawkish, balancing growth risks and financial imbalances. The BoK’s pause on rate cuts is ...