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

India’s private consumption growth, a key driver of the economy, faces headwinds from subdued income growth and rising ...

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

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

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

SEOUL] South Korea’s central bank held interest rates steady on Thursday, as policymakers steered a cautious path amid ...

Household loans extended by five major banks in South Korea rose in the first 10 days of this month, but the pace of growth ...

Housing prices in Seoul spiked over 19% in June on an annualized basis, prompting financial authorities to address rapidly ...

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

The Bank of Korea (BOK) kept its benchmark interest rate steady at 2.50% on Thursday, maintaining a cautious monetary stance ...

India's household debt is increasingly directed towards consumption, with personal finance expert Pranjal Kamra noting a 23% ...