The $Lambda$CDM model provides a good fit to a large span of cosmological data but harbors areas of phenomenology. With the improvement of the number and the accuracy of observations, discrepancies among key cosmological parameters of the model have emerged. The most statistically significant tension is the $4-6sigma$ disagreement between predictions of the Hubble constant $H_0$ by early time probes with $Lambda$CDM model, and a number of late time, model-independent determinations of $H_0$ from local measurements of distances and redshifts. The high precision and consistency of the data at both ends present strong challenges to the possible solution space and demand a hypothesis with enough rigor to explain multiple observations--whether these invoke new physics, unexpected large-scale structures or multiple, unrelated errors. We present a thorough review of the problem, including a discussion of recent Hubble constant estimates and a summary of the proposed theoretical solutions. Some of the models presented are formally successful, improving the fit to the data in light of their additional degrees of freedom, restoring agreement within $1-2sigma$ between {it Planck} 2018, using CMB power spectra data, BAO, Pantheon SN data, and R20, the latest SH0ES Team measurement of the Hubble constant ($H_0 = 73.2 pm 1.3{rm,km,s^{-1},Mpc^{-1}}$ at 68% confidence level). Reduced tension might not simply come from a change in $H_0$ but also from an increase in its uncertainty due to degeneracy with additional physics, pointing to the need for additional probes. While no specific proposal makes a strong case for being highly likely or far better than all others, solutions involving early or dynamical dark energy, neutrino interactions, interacting cosmologies, primordial magnetic fields, and modified gravity provide the best options until a better alternative comes along.[Abridged]
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