Read and write a String from text file

Assuming that you have moved your text file data.txt to your Xcode-project (Use drag'n'drop and check "Copy files if necessary") you can do the following just like in Objective-C:

let bundle = NSBundle.mainBundle()
let path = bundle.pathForResource("data", ofType: "txt")        
let content = NSString.stringWithContentsOfFile(path) as String

println(content) // prints the content of data.txt

Update:
For reading a file from Bundle (iOS) you can use:

let path = NSBundle.mainBundle().pathForResource("FileName", ofType: "txt")
var text = String(contentsOfFile: path!, encoding: NSUTF8StringEncoding, error: nil)!
println(text)

Update for Swift 3:

let path = Bundle.main.path(forResource: "data", ofType: "txt") // file path for file "data.txt"
var text = String(contentsOfFile: path!, encoding: NSUTF8StringEncoding, error: nil)!

For Swift 5

let path = Bundle.main.path(forResource: "ListAlertJson", ofType: "txt") // file path for file "data.txt"
let string = try String(contentsOfFile: path!, encoding: String.Encoding.utf8)

For reading and writing you should use a location that is writeable, for example documents directory. The following code shows how to read and write a simple string. You can test it on a playground.

Swift 3.x - 5.x

let file = "file.txt" //this is the file. we will write to and read from it

let text = "some text" //just a text

if let dir = FileManager.default.urls(for: .documentDirectory, in: .userDomainMask).first {

    let fileURL = dir.appendingPathComponent(file)

    //writing
    do {
        try text.write(to: fileURL, atomically: false, encoding: .utf8)
    }
    catch {/* error handling here */}

    //reading
    do {
        let text2 = try String(contentsOf: fileURL, encoding: .utf8)
    }
    catch {/* error handling here */}
}

Swift 2.2

let file = "file.txt" //this is the file. we will write to and read from it

let text = "some text" //just a text

if let dir = NSSearchPathForDirectoriesInDomains(NSSearchPathDirectory.DocumentDirectory, NSSearchPathDomainMask.AllDomainsMask, true).first {
    let path = NSURL(fileURLWithPath: dir).URLByAppendingPathComponent(file)

    //writing
    do {
        try text.writeToURL(path, atomically: false, encoding: NSUTF8StringEncoding)
    }
    catch {/* error handling here */}

    //reading
    do {
        let text2 = try NSString(contentsOfURL: path, encoding: NSUTF8StringEncoding)
    }
    catch {/* error handling here */}
}

Swift 1.x

let file = "file.txt"

if let dirs : [String] = NSSearchPathForDirectoriesInDomains(NSSearchPathDirectory.DocumentDirectory, NSSearchPathDomainMask.AllDomainsMask, true) as? [String] {
    let dir = dirs[0] //documents directory
    let path = dir.stringByAppendingPathComponent(file);
    let text = "some text"

    //writing
    text.writeToFile(path, atomically: false, encoding: NSUTF8StringEncoding, error: nil);

    //reading
    let text2 = String(contentsOfFile: path, encoding: NSUTF8StringEncoding, error: nil)
}