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.
Minneapolis Fed's Kashkari expects lower interest rates later this year
Minneapolis Federal Reserve President Neel Kashkari said Friday he expects to see interest rates lower this year if the ...
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 ...
February jobs report shows continued hiring trend
The February jobs report reveals the economy added 143,000 jobs, continuing a hiring trend but falling short of analysts' ...
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 ...
Fed's Kugler says labor market healthy, inflation elevated
In remarks that suggest she is in no hurry to cut interest rates, Federal Reserve Governor Adriana Kugler on Friday said she ...
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.
After U.S. jobs data, fed-funds futures show greater chance Fed stays on pause in March
Federal-funds futures were indicating Friday morning that the Federal Reserve will likely continue to pause its interest-rate-cutting cycle at its policy meeting in March, as traders assessed the ...
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 ...