Rate Survey: Credit Card APRs Hit Record High

Credit card interest rates rose to record heights this week, according to the CreditCards.com Weekly Rate Report.

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Senate Democrats draft debt-reduction plan

WASHINGTON - Senate Democrats have drafted a sweeping debt-reduction plan that would slice $4 trillion from projected borrowing over the next decade without touching the expensive health and retirement programs targeted by President Barack Obama.

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How to dig out of debt

During my online discussions, questions about the best way to handle credit card debt and the repercussions from it still dominate. Here's some advice I gave readers still digging their way out of debt.

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Debt ceiling: Fix the problem without punting

Commentary: Maya MacGuineas is the director of the fiscal policy program at the New America Foundation.

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Debt ceiling: Who’s doing the talking?

Negotiations on raising the debt ceiling, tied to tackling the nation's growing deficit, have officially reached an impasse.

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Avoiding Government Shutdown: The Debt Ceiling as Unconstitutional

There are those who believe that the debt ceiling is unconstitutional, according to CNN Money. There are some who believe that, if the current impasse in Congress over whether or not to raise the debt ceiling is not resolved and the debt ceiling is not raised by August 2

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Asian stock markets slip on Europe debt fears

Asian markets dropped Monday amid fears of a spreading European debt crisis after a ratings agency placed Italian banks on a review for a possible downgrade.

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First Read – Boehner challenges Obama on debt deal, tax increases

From NBC's Shawna Thomas and Carrie Dann A day after his second-in-command pulled out of bipartisan debt talks, House Speaker John Boehner delivered a direct challenge to the White House and said flatly that the House ...

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Debt talks enter make-or-break week

U.S. lawmakers working to rein in the country's rising debt said on Monday they will have to make substantial progress this week to ensure the country retains its top-notch credit rating.

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Debt cap row threatens confidence in US: Bernanke

Failure to raise the US debt ceiling in a timely manner could sink investors' confidence in the economy, Federal Reserve chief Ben Bernanke warned Tuesday.

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