Junior debt, a type of subordinated debt, is repaid after senior debts during defaults, offering higher returns due to its riskier nature in real estate investing.

The cost of borrowing is already choking crucial public spending in many developing economies. Now it’s raising broader ...

The national debt is the total sum of money the U.S. government owes its creditors. The U.S. national debt primarily consists of public and intragovernmental debt. The debt-to-GDP ratio is a crucial ...

Last week, the national debt surpassed $37 trillion, twice what it was just a decade ago. Once upon a time, the national debt was the subject of intense national debate. Democrats and Republicans once ...