The Borrowing Crisis Looming Over the Trump Presidency
Despite the Federal Reserve's 2024 interest rate cuts, borrowing costs remain stubbornly high — reflecting a growing ...
A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money
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.
Why the Job Market Is Giving the Fed Cover to Extend a Pause on Rate Cuts
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
January Jobs Report Keeps Rates on Pause: What the Experts Are Saying
The unemployment rate, which is derived from a separate survey, declined to 4% from 4.1% the prior month. Economists expected ...
BofA to buy $9 bln residential mortgage loan from Canada's TD, source says
Bank of America has agreed to buy a $9 billion portfolio of residential mortgage loans from Canadian lender Toronto-Dominion ...
Put A Lid On It: The Sanders-Hawley Bill Wants To Cap Credit Card Rates. Here’s What You Need To Know
A political odd couple is joining forces to lower credit card interest rates. Sen. Bernie Sanders (I-Vt.) and Sen. Josh ...
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Bitcoin and XRP Pop, Then Drop After Mixed US Jobs Report
Bitcoin and XRP surged, but then dropped on news that the U.S. job market's growth cooled in the month of January.
Traders now see just one Fed rate cut this year
Traders of short-term interest-rate futures on Friday now expect the Federal Reserve to cut interest rates just one time this ...
Solid January Jobs Will Likely Keep Fed Interest Rate Cuts On Hold
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed ...
Stock market rises at open after jobs data released, but Amazon dips
US stocks firm after the monthly jobs data show the labor market's healthy, likely keeping Fed rates on pause. Amazon's sales outlook is concerning.
Why Transferring Credit Card Debt Won’t Pay It Off
A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for ...
US economy added 143,000 jobs in January
The Labor Department released its jobs report for January which showed that the U.S. economy added 143,000 jobs last month, which was below with economists' expectations.