Money Snatchers

The debt has implications for savers and investors:

Government debt is growing, as is the deficit. The economy is struggling to get out of recession and there is talk of spending cuts or higher taxes

For example, I’ve talked before about how we taped a picture of our daughter to our credit cards while we were paying down our debt . Many people I know use some sort of 30-day rule to curb their impulse desires, especially those which …

President Obama’s proposed budget would add more than $9.7 trillion to the national debt over the next decade, congressional budget analysts said Friday.

Greek Prime Minister George Papandreou confronted more anti-austerity protests Thursday and tested international support for his battle against debt with a new multi-billion-euro bond.

The Crow Creek Sioux Tribe has settled its tax debt with the IRS and lined up a loan that will enable it to buy back the 11 square miles of land the IRS sold at auction in December, the tribal chairman said.

Private equity giant Blackstone Group has come to an agreement to restructure its Hilton hotels chain debt, a source familiar with the situation said on Friday.

It’s bad enough that Greece’s debt problems have rattled global financial markets. In the world’s largest economic and military power, there’s a far more serious debt dilemma.

Greece’s economy shrank more than feared last quarter and the government on Friday sharply revised down its figures for the previous three quarters as well, increasing doubts about its ability to resolve its debt crisis.

The latest turn in the global financial crisis has ensnared the debt of some European nations. The fact that these nations are members of a monetary union has generated much confused comment. Here one the world’s leading experts on …