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 ...
The US labor market isn't putting pressure on the Fed's plans to cut interest rates in 2025
The US labor market isn't showing signs of weakness that would prompt another interest rate cut from the Federal Reserve in ...
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 ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
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.
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 ...
Fed's Kugler says labor market healthy, inflation elevated
A Labor Department report showing the unemployment rate edged down to 4% last month and employers adding 143,000 jobs is ...
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 ...
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 ...
How long will the US Fed hold the interest rates?
The Fed right now is like a powerful player on a major sports team being held comfortably in reserve. Read more at ...
Dallas Fed's Logan signals rate cuts require US labor market cooling
Dallas Federal Reserve Bank President Lorie Logan on Thursday signaled she was ready to keep interest rates on hold for ...
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The Fed Just Paused Interest Rate Cuts. Here's What That Means for You
The Federal Reserve spent a good part of 2022 and 2023 implementing interest rate hikes in response to rampant inflation. But now, the central bank needs to reverse some of those hikes as inflation ...