In mid-May, Vice Media Group — once an alternative media darling — filed for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. The
The showdown in Washington over raising the U.S. debt ceiling is a classic example of what happens when politics and economics collide, making it a
Student debt has been steadily increasing for the past decade. In 2007, the average student loan debt was $15,257. In 2020, this rose to $36,635.
In March 2020, Covid-19 hit U.S. families at the low end of middle-class income ($25,000-$110,000) hard, but as the pandemic continues, it is now widening
This is a three part series. Read part one and part three for complete coverage. Rising student loan debt isn’t the only education story to watch as a new
The average American has “about 38,000 in personal debt, excluding home mortgage,” a $1,000 increase from last year, according to NBC. Depending on one’s age,
This is a three part series. Read part two and part three for complete coverage. Rising student loan debt isn’t the only education story to
The face of U.S. debt is changing, according to the New York Federal Reserve Board. Viewed from one perspective, U.S. consumer debt is unrelenting in
The debt clock starts ticking this month for college graduates, who are leaving campus with a bachelor’s degree in one hand—and a hefty loan averaging
As health care costs increase in 2018, and consumers assume more of the cost of their care, medical debt is a story to watch. Covering
Call it “bliss” economics. That’s one way to describe the attitude of most consumers surveyed by Fidelity Investments’ New Year Financial Survey for 2018. Approximately 76%
According to a November 2017 survey from the National Retail Federation, U.S. shoppers planned to spend an average of nearly $1,000 ($967.13) this Christmas, most
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