While critics accuse companies facing lots of lawsuits of using bankruptcy as a sort of 'get of jail free card,' the reality of the legal procedure is more complicated.
State governments are leading the charge against opioid makers over their role in the epidemic. A team of researchers at Penn State examined just how much the crisis has cost them.
The US hit the debt ceiling in March and is expected to run out of ways to get around the new $22 trillion limit by September. An economist explains why the ceiling is a dysfunctional relic.
Student loan defaults have risen sharply, and the number-one reason is deceptive and misleading practices by for-profit institutions.
The lawmakers have proposed capping interest rates on consumer loans at 15%, but doing so may hurt some of the people it's aiming to protect.
A 'learn local' strategy, along with increased residency positions and the return of a rotating internship could go a long way towards improving Canada's system of medical training.
Debt is not that bad if a country uses it to drive growth and development.
People are stressed out about money, with most of us struggling to make ends meet due to abusing credits cards and amassing consumer debt. Some tips on how to change your spending behaviour.
Critics complain that government debt saddles future generations with a financial burden. The critics are wrong.
New research reveals how austerity pushed poor families into debt to pay for basic needs like food, rent and hot water.
Millennials are more financially conservative than their high debt balances might suggest.
Energy storage could prove an inexpensive way for power companies to handle heat waves and other times when consumers use more electricity than usual.
Although US debt may be at eye-popping levels, an economist explains why it shouldn't keep you up at night.
As Trump prepares to deliver his delayed State of the Union address, here's what four economists had to say about the state of the union.
As people say thanks to those who are turning up for work without being paid, an expert explains what true gratitude really means.
Sri Lanka has become the cautionary tale when it comes to Belt and Road investment with China. Can Nepal avoid a similar fate?
Emmerson Mnangagwa’s administration is struggling to overcome the national economic destruction wreaked on Zimbabwe over two decades under Robert Mugabe.
No longer can young people invest in their education and work their way into secure employment. The health impacts of this job insecurity are profound.
It's been 10 years since the U.S. signed into law a scheme to print money, essentially, and save the financial sector amid the sub-prime mortgage meltdown. Did it work? And who's truly benefitted?
The history of leveraged buyouts suggest Musk was smart to heed the advice of investors and nip his plan to take Tesla private in the bud.