Goolsbee: Debt ceiling must be raised – CNN

Washington -- If Congress does not raise the debt ceiling, the result could be "catastrophic" for the American economy, Austan Goolsbee, chairman of the Council for Economic Advisers, said Sunday.

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Dubai World gets all lenders on board in debt deal

Dubai World secured full creditor support for its $24.9 billion debt restructuring plan after the last holdout lender unloaded its claim, representatives for the companies said Wednesday.

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Debt Markets Bifurcate With Banks Hoarding Cash: Credit Markets

Record-low borrowing costs for the biggest U.S.

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Debt Is the Ultimate Crisis for the Future

Of course debt is a serious issue for the future. But that's why politicians see no gain in finding solutions in the present.

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Trump Entertainment 4.0: Less debt, more Ivanka

About to leave its third bankruptcy behind, Trump Entertainment Resorts has a simple formula for the future in the cutthroat Atlantic City casino market: less debt, more cash and more Ivanka.

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Obama housing plan seeks to reduce mortgage debt

The Obama administration on Friday announced a $14 billion effort to try to stem a rising tide of home foreclosures by giving lenders incentives to erase some mortgage debt and slash mortgage payments for the unemployed.

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US public debt tops 12 trillion dollars for first time

The US public debt topped 12 trillion dollars for the first time in history, Treasury officials disclosed Tuesday, moving past a key barrier that raised hackles in Congress.

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Health care, debt and taxes: GOP: The Swamp

I love hope these GOP losers are whining about debt from health care reform. Where were their backbones when Bush added $5.5 trillion more debt onto the American taxpayer with his unnecessary wars and tax cuts for the rich

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Japan’s Bonds Fall for 2nd Day as Stock Gains Sap Debt Demand

Sept. 7 -- Japanese bonds fell for a second day as stocks gained on optimism the global recession is easing, damping demand for the relative safety of government debt.

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Gross Reduces U.S. Debt for First Time Since January

May 11 -- Bill Gross , manager of Pacific Investment Management Co.’s $150 billion Total Return Fund , reduced his holdings of U.S. government debt last month for the first time since January.

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