Americans are borrowing more and saving less. That's created a major vulnerability in the US economy, SocGen is warning.

Household wealth — the difference between what people own and what they owe — declined by $1.6 trillion in the first three months of the year, according to the Federal Reserve’s June release of its ...

Debt relief promises a fresh start, but the fine print actually determines how much debt disappears in the process.

A new WalletHub analysis determined which cities across the country are paying off the most household debt, which currently stands at $18.79 trillion. "Mortgages represent the bulk of this debt, but ...

New data shows Gen Z and millennials are accumulating debt at a substantially faster rate than older generations.

Household debt in the U.S. ticked up slightly in the third quarter of 2024, reaching nearly $18 trillion, according to data out today by the New York Fed. At the same time, personal disposable income ...

Riding the stock market rally, the spread of "debt investment, investing with borrowed money" led to the largest increase in ...