Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. Andy Smith is a Certified Financial Planner (CFP®), licensed ...

2025 has brought significant turmoil to global markets, and consumer debt and financial stress are on the rise. Understanding proper debt load is an integral part of managing personal finances. Still, ...

American households are heading into a pivotal stretch in 2026, when a mix of higher borrowing costs, resuming obligations, and shifting tax rules is poised to push debt burdens higher. The pressure ...

Belk is reducing its debt load by more than $950 million, while also amassing about $485 million via new loans. Some of Belk’s lenders, including KKR and Hein Park, will have a controlling interest in ...

American households are carrying more debt than ever, and the numbers are no longer just abstract statistics. They are reshaping how families budget, where they live, and what kind of future they can ...

Elanco Animal Health said Tuesday it has completed the divestiture of its aqua business to Merck Animal Health for about $1.3 billion in cash, allowing it to pay down more of its sizable debt load.

Americans have a lot of debt. But, generally, there’s an expectation that as you get older — as you pay off the mortgage and the kids grow up — that you’ll reduce your debt load. However baby boomers ...

If you haven’t had much luck resolving your debts alone, you may be considering a more advanced level of debt relief. Whether it’s debt settlement, debt consolidation or bankruptcy, it’s important to ...

Forbes contributors publish independent expert analyses and insights. Enoch Omololu writes about personal finances for millennials. Nov 14, 2024, 09:05pm EST Dec 17, 2024, 01:24pm EST Paying off debt ...

Consolidate credit card and other high-interest debt.