interest rates

Debt consolidation or debt settlement — which is right for you?

There are several factors that can help you choose which method is better for you.

Home sales rise more than expected as mortgage rates ease: 'Buyers slowly entering market'

Sales of previously occupied US homes rose in February as easing mortgage rates and more properties on the market encouraged home shoppers.

Fed leaves interest rates unchanged as it warns on growth, inflation

Central bankers kept their policy unchanged at a target rate between 4.25% and 4.5%, which was reached after a series of three rate cuts in the second half of 2024.

Wholesale prices unexpectedly flat for first time in 7 months as tariff uncertainty lurks

Economists expect the effects of the slew of tariffs by the Trump administration to show in the months ahead.

AOC teams up with Florida Republican Rep. Anna Paulina Luna for bill capping credit card interest at 10%

The current average is nearly three times higher than their proposed limit — at 28.71%.

Fed chair Jerome Powell says he's in no hurry to cut rates amid Trump policy shifts

"We are focused on separating the signal from the noise as the outlook evolves," Jerome Powell said.

US adds 151K jobs in February as hiring holds steady in first full Trump report

The figures came in below expectations of 160,000 jobs, but still represented an increase from January's underwhelming 143,000 jobs.

Pending home sales plunged to all-time low in January — winter weather may be to blame

There were month-over-month declines in the Midwest, South and West, with the most significant drop in the South.

Why the ‘war on inflation’ is over — even though the ‘experts’ don’t get it

The war is over: not the war in Ukraine or Gaza – I mean the war on inflation. 

Housing market mired in slump as January home sales drop more than expected

Home prices increased on an annual basis for the 19th consecutive month, while mortgage rates remain elevated.

Fed worried about inflation worsening in pausing rate cuts: 'High degree of uncertainty'

According to minutes of the Jan. 28-29 meeting, Trump’s proposed tariffs and mass deportations of migrants, as well as strong consumer spending, were factors that could push inflation higher this...

Fed’s shift to ‘inclusive’ employment goal may be to blame for rising inflation: economists

Economists have been sounding the alarms that the Fed’s “inclusive” employment strategy may be to blame for staggering inflation.

Wholesale prices higher than expected last month -- fresh on heels of hot inflation report

The hotter-than-expected wholesale inflation came just a day after data showed consumer prices rose more than anticipated.

Trump slams 'Bidenflation' after prices rise more than than expected in January

In the 12 months through January, the CPI grew 3%, up from 2.9% in December.

Fed Chair Jerome Powell in no hurry to cut rates because the economy is 'strong overall'

"Policy is well positioned to deal with the risks and uncertainties that we face."

US adds 143K jobs in January in hiring slowdown; unemployment drops to 4%

US employers added 143,000 jobs in January in a substantial slowdown from the month before.

Fed's preferred inflation gauge posts largest monthly gain since April as tariff fears boost spending

Consumer spending, which accounts for more than two-thirds of US economic activity, jumped 0.7% in December.

Trump slams Fed over 'terrible' job on bank regulation, failing to stop inflation

The Fed held interest rates steady and gave little insight into when further reductions in borrowing costs may take place.

Fed keeps interest rates unchanged -- pushing Trump to bash Powell for failing to stop 'problem they created'

Fed Chair Jerome Powell said "we do not need to be in a hurry to adjust our policy stance" and monetary policy is "well positioned" for the challenges at hand.

Here's why home sales in 2024 fell to lowest level in nearly 30 years

A dearth of homes for sale has helped prop up prices, helping to keep many homebuyers and sellers on the sidelines.