U.S. auto loans jumped to the highest level in eight years this spring, fueled by a big increase in lending to risky borrowers.
More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute.
Hillary Rodham Clinton said Tuesday that she and former President Bill Clinton “fully appreciate how hard life is for so many Americans,” seeking to refine remarks she made about the pair being “dead broke” when they left the White House.
The Democratic National Committee says it raised $8.9 million last month and has cut its debt to a new low this election cycle.
A survey has found that roughly 40 percent of Americans can’t come up with $2,000 if an emergency arises.
Argentina filed a long-shot appeal to the U.S. Supreme Court on Tuesday asking the justices in Washington to avert an “economic catastrophe” by overturning lower court rulings that could force the South American government to default on billions of dollars in debts.
Financial markets were watching, the retirement accounts of millions of Americans on the line.
The Republicans’ clear defeat in the budget-debt brawl has widened the rift between the Grand Old Party and the blossoming tea party movement that helped revive it.
The U.S. Treasury is doing something it hasn’t done in almost six years: paying off some debt.
Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.