A bill would cap credit card rates at 10%, something Trump promised on the campaign trail. Will Trump follow through? Will consumers benefit?
The Federal Reserve raised interest rates at the fastest pace in 40 years during 2022 and 2023 in an effort to rein in ...
Nearly half of Americans (45 percent) said they have applied for a loan or financial product in the past 12 months since ...
But even after that impressive rally, Upstart's stock still trades more than 80% below its all-time high from October 2021.
Aggregate US debt is $101.353T, or 3.45x GDP, indicating a historically high leverage that risks recession. Read why ...
Entering 2020, the 30-year fixed-rate mortgage was already below 4 percent. Then the onset of the COVID-19 pandemic brought ...
These illustrated market experiences are quite different than what most folks believe happens when the Fed lowers rates.
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
The Fed has faced global trade wars before — including during Donald Trump's first term in office. However, at that point neither price pressures nor aggregate demand were as strong as now. This time ...
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
By holding rates steady at 4.25% to 4.5%, the Fed may be setting the stage for a prolonged wait-and-see approach—monitoring inflation’s trajectory and awaiting clarity on Trump’s trade and immigration ...