Bankruptcies spike as Americans grapple with debt and inflation
Bankruptcies grew by 16 percent for non-businesses in the period ending December 2023, according to the U.S. Courts.
China's gold sales surge as economic confidence crashes
China's appetite for gold, amid slowing growth and a floundering stock market, drove up demand for the commodity in 2023.
China strengthens hold on struggling neighbor
China's support for Laos has increased as the Southeast Asian country tumbles into a crisis that is in part due to Chinese debt repayments.
Democratic state parties owe more debt than Republican ones
A Newsweek analysis of state's debt levels has revealed the 23 branches of the Democratic Party with debts.
North Carolina GOP owes $72k in debt after burning through cash
The state branch of the Republican Party owes over $70,000 to various sources, latest financial information shows.
China's economy under pressure from rising debt
As China's economic engine cools, the country's national debt is set to balloon to triple the size of its economy by the end of the year, economists warn.
Americans rack up $19 billion in credit card debt in one month
Wells Fargo reports a surge in U.S. consumer credit card debt, indicating potential financial stress among households.
China's property boom goes bust
A liquidation order to the world's most indebted property developer shows that in China, no company's too big to fail.
Bankruptcies surge among Gen X and Millennials
As Gen X and Millennials face increased bankruptcies, LegalShield data reveals a contrast to positive economic reports.
Americans' debt payments are increasing
Americans are more in debt every month amid high inflation and elevated interest rates, a LendingTree study showed.
New student loan forgiveness application: How to apply for Biden's plan
On Friday, the Biden administration said it will cancel student debt for more than 70,000 borrowers.
Emotional moment parents finally become debt free on their house—"Grateful"
Nia Lui said she has "so much love and respect" for her parents, who have worked tirelessly to pay off their family home.
America's credit card debt crisis
Millions of U.S. cardholders have been in debt for at least a year, according to a recent survey—showing that many are still struggling despite lower inflation.
Student loan update as city cancels thousands of dollars
Some students in Pennsylvania will have their entire student debt wiped after the Pittsburgh Career Institute closed.
Mom racks up $30,000 in credit card debt just paying 'for our needs'
Many Americans are having to make "difficult decisions" as debt continues to rise, the millennial woman told Newsweek.
Loophole to not pay student loans exposed
A TikTok user exposed a tax loophole that American expats can use to avoid paying federal student loans.
Americans fear they can't pay back their debts
New polling conducted for Newsweek has found that many Americans are concerned over their credit-card debt.
Americans in 3 states see dramatic drop in credit lines
Mississippi, Wyoming and Louisiana residents saw the largest credit limit decrease from 2022 to 2023, a new WalletHub study found.
How I paid off $60K student loan debt by 26
When I finally paid it all off, it felt like a huge weight was lifted.
Biden admin announces new student loan forgiveness: Here's who qualifies
The Biden administration approved about $5 billion in new student debt relief, the Department of Education said.
Americans find silver lining to soaring debt delinquencies
Despite rising debt delinquencies, the New York Fed reveals third-party collections are at a 20-year low.
Company forced to pay student loan borrowers millions: Here's who qualifies
The Consumer Financial Protection Bureau said training platform Prehired will pay $30 million in relief to student borrowers.
Man $1,600 in debt from holiday gifts last year won't give up shopping
Nearly one in four Americans still have holiday debt from last year, according to a holiday shopping study by WalletHub.
Mom, 38, dies of ovarian cancer—how her dying wish wiped millions in debt
"She was a truly hilarious, beautiful woman who lit up every room she was in," Casey McIntyre's husband told Newsweek.
Woman on TikTok recounts how she got into $71K in credit card debt
Many Americans are dealing with debts they might never actually be able to pay off.
Millennials have a debt problem
Credit card APRs hit new highs, pressuring millennials as the cohort shoulders nearly 50 percent of the national debt.
How unsecured personal loans are keeping the economy rolling
Data from a TransUnion shows that Americans have billions in outstanding personal loan debt, with "super prime" borrowers leading the pack.
Millennials outspend boomers on credit cards
Millennial credit spending hits new high, outpacing boomers and raising concerns about mortgage qualifications amid rising debt.
Student loans hindering American prosperity: Survey
Seventy percent of middle-income Americans polled say student loans are impacting their ability to achieve financial prosperity.
College student reports own parents over fraudulent credit cards
An expert shared tips with Newsweek on what to do if a credit line is opened without your authorization.