The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
In Washington, the hardest thing to kill is a bad idea. And one of the worst will soon be back: The so-called Credit Card Competition Act.
The Federal Reserve's policy committee voted to hold its key interest rate steady Wednesday. Stubborn inflation and a resilient labor market in recent months have curbed the central bank's appetite ...
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
Arizona bucked a national trend in 2022 when its reading scores held steady, despite declining nationwide, from the test ...
American consumers are showing signs of financial stress in the way they are using their credit cards, according to a new ...
Government stimulus money is that which comes during challenging economic times to help stimulate the economy by putting more money into Americans' pockets. The last time the federal government ...
Bestselling author, podcaster, and TV host Suze Orman has built her career on the lessons learned from her years climbing to ...
Despite a strong economy, the share of Americans making only the minimum credit card payment hit a 12-year high and ...
American is the most leveraged US-based major airline due to its fleet renewal program and the covid-19 pandemic. As the pandemic wreaked havoc on air travel demand and airlines’ business model, ...
Sumitomo Mitsui Financial Group, with a 7.2% share of domestic loans and 9.0% of deposits as of March 2024, is one of Japan’s Big Three banking groups. Compared with its two megabank rivals, SMFG has ...
President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will ...