The Powerball jackpot has surged to a headline-grabbing $1.25 billion, but the winner's bank balance will look very different once the tax math kicks in. After choosing between a reduced lump sum and ...

Learn what external debt is, its types, and how it contrasts with internal debt. Understand the implications of foreign borrowing for a country’s economy.

Explore what short/current long-term debt is, how it’s reported on balance sheets, and its impact on financial health.