A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates would have unintended consequences.
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
The unemployment rate, which is derived from a separate survey, declined to 4% from 4.1% the prior month. Economists expected ...
Payments on a $50,000 HELOC could become cheaper in 2025 if interest rates are cut again. . Interest rates have been on a bit of a rollercoaster in recent years, as c ...
While the headline number missed estimates, the January jobs report showed signs of strength investors think will keep rates ...
Powell also addressed the uncertainty surrounding tariffs, describing their potential impact as highly unpredictable. He noted the wide range of unknowns, including the duration, scale, and targets of ...
A political odd couple is joining forces to lower credit card interest rates. Sen. Bernie Sanders (I-Vt.) and Sen. Josh ...
Consumer expectations for inflation popped to their highest levels in more than a year, threatening to become unanchored on the heels of strong economic performance in recent months. Inflation ...
The Federal Reserve spent a good part of 2022 and 2023 implementing interest rate hikes in response to rampant inflation. But ...
Traders of short-term interest-rate futures on Friday now expect the Federal Reserve to cut interest rates just one time this ...
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed ...
A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for ...