Credit Default Swap: What It Is and How It Works
A credit default swap is insurance against the possibility of default. Learn about their role in the financial crisis of 2007 ...
The Daily Signal20h
Members of Congress Warn About Looming Debt Crisis
Fiscal hawks warn that deficits produce higher inflation rates and higher interest rates that harm the poor the most.
How a 50-year-old law changed retirement and why it needs a facelift
Federal legislation to protect workers’ retirement savings was signed into law in 1974: the Employee Retirement Income Security Act, or ERISA. It's having a midlife crisis.
The Borrowing Crisis Looming Over the Trump Presidency
Despite the Federal Reserve's 2024 interest rate cuts, borrowing costs remain stubbornly high — reflecting a growing ...
US credit card debt just hit a new record of $1.17 trillion — how can Americans dig their way out of this hole?
It’s no surprise that Americans often rely heavily on credit cards to make ends meet. And with a recent period of rampant ...
Investopedia17h
U.S. Debt by President: Dollar and Percentage
Kevin Dietsch / Getty Images National debt is an extremely important issue for many American voters, and plays a significant role in their choice of president. This begs the question: how much of ...
The New York Times23h
New York Times - Top Stories
Trump Directly Calls for U.S.A.I.D. to Be Shut Down The ousted director of federal prisons contests her firing, citing civil service rules. Vance calls for reinstatement of DOGE worker who ...
Will Trump Axe the CFPB? What Consumers Should Know
Key Takeaways - Will Trump Axe the CFPB? What Consumers Should Know . Since taking office, President Donald Trump has moved quickly to implement changes in federal ...