The IMF says the debt is partly due to a prolonged period of low interest rates rolled out to counter the global financial crisis.
Economic activity in the services sector grew for the 80th consecutive month, according to Institute for Supply Management.
A measure of consumers' attitudes rose this month because of higher income households.
Fed Chair Janet Yellen also tells Congress many of her colleagues believe it's appropriate to tighten rates this year if no significant new risks arise.
A key measure of consumers' attitudes increased in September.
A key measure of consumers' attitudes was unchanged this month, edging below expectations, according to preliminary data.
Job openings increased in July, the Bureau of Labor Statistics said on Wednesday.
Hanjin's recent filing for court receivership is putting global shipping in a tight spot ahead of the key holiday season.
If August job growth comes in somewhere over 200,000, that could boost the chances for a September interest rate hike.
Consumers were feeling more optimiistic in August, according to a survey released on Tuesday.
A measure of consumers' attitudes was slightly lower this month, according to new data.
A key economic measure climbed in July, according to new data released by The Conference Board Thursday.
A key measure of consumers' attitudes was up slightly so far this month, but didn't rise as much as expected.
Job openings edged steadily higher in June, the Bureau of Labor Statistics said on Wednesday.
Amid a frustrating environment, investors are chasing dividend yields, and that might not be a good thing, experts told CNBC.
The Federal Reserve should have started raising interest rates a long time ago, experts said Wednesday.
A economy needs positive interest rates in order to function normally, Janus Capital's Bill Gross says.
Anti-trade and anti-globalization rhetoric poses risks to global economic growth, the head of the World Trade Organization told CNBC on Friday.
Atlanta Federal Reserve President Lockhart comments on rate hikes this year; and CNBC's Steve Liesman reports second quarter GDP is tracking at 2.7 according to economists' estimates.
CNBC's Rick Santelli speaks to Peter Boockvar, The Lindsey Group, about commodity prices showing up in the hotter than expected PPI, and the potential pain from reversing central bank policies.