The U.S. government has been plunging deeper and deeper into debt, and the White House expects the budget deficit to get close to $2 trillion by the end of the...

America’s deficit and long-term debt is certainly a problem that needs to be addressed. It is, of course, a matter of great concern for America’s long-term...

The most successful clubs in soccer’s richest league have some of the biggest debts in the sport.

America is in a bad recession. Trillions of dollars have already been dedicated to try to pull us out. Whether or not these measures work is really anyone’s...

The Treasury Department has made a new offer to Chrysler LLC’s lenders, asking banks and hedge funds that hold $6.9 billion in debt to forgive $5.4 billion and...

A person familiar with the matter says the Treasury Department has made a new offer to Chrysler LLC’s creditors.

The Treasury Department lobbed back a new offer to Chrysler LLC’s lenders, proposing that banks and hedge funds which hold $6.9 billion in debt forgive $5.4...

General Motors says it may not make a $1 billion bond payment on June 1 if it doesn’t finish a debt-for-equity exchange by then.

Casino companies Wynn Resorts Ltd. and Las Vegas Sands Corp. each say they have amended their debt agreements to get more breathing room as they repay billions of...

Chrysler LLC’s lenders are offering to erase $2.5 billion of Chrysler’s $6.9 billion secured debt in exchange for equity, according to a person briefed on...

Ecuador’s finance minister says her country will repurchase nearly a third of its foreign debt at a 70 percent discount, ending months of speculation about a...

A British parliamentary report has accused heavily indebted Premier League clubs Manchester United, Chelsea and Liverpool of engaging in “financial...

Six Flags has announced a debt restructuring plan, including a stock-for-debt exchange offer, intended to help the theme park operator avoid filing for Chapter 11...

Six Flags has announced a debt restructuring plan, including a stock-for-debt exchange offer, intended to help the troubled theme park operator avoid filing for Chapter...

Canwest Global Communications Corp. has received a reprieve from its bankers until April 7 and won’t make a $30.4 million interest payment on some its debt due...

A senior senator is asking the Federal Trade Commission to investigate reported instances of debt collection firms asking people to pay their dead relatives’...

So much for privatizing the federal government.

Canada’s biggest media company Canwest Global Communications Corp. said Friday it has agreed to extend discussions with lenders by 12 days over a senior credit...

Billionaire media mogul Sumner Redstone’s family theater chain, National Amusements Inc., says it has reached an agreement in principle to restructure $1.46...

An executive with the group that overseas the Louisiana Superdome and the New Orleans Arena advised lawmakers Tuesday the state must find $27.5 million next year to...