Interest Rates

Rising Mortgage Costs Push Affluent Families to the Financial Edge
Rising Mortgage Costs Push Affluent Families to the Financial Edge
August 04, 2025  |  Consumer Finance

For decades, homeownership has stood as the bedrock of the American dream — a symbol of prosperity, stability, and upward mobility. But for millions of...

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Treasury Secretary Wants to Review ‘Entire Federal Reserve’
Treasury Secretary Wants to Review ‘Entire Federal Reserve’
July 21, 2025  |  Legal & Regulation

America’s treasury secretary says the entire Federal Reserve needs to be examined. Interviewed by CNBC Monday (July 21), Scott Bessent declined to comment on reports...

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Jamie Dimon Warns Markets Against Underestimating Interest Rates Hikes
Jamie Dimon Warns Markets Against Underestimating Interest Rates Hikes
July 10, 2025  |  Economy

JPMorgan’s CEO is worried Wall Street is underestimating the potential for higher interest rates. Such a thing is a “cause for concern,” said Jamie Dimon,...

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Credit Card Balances Drop on Annual Basis for First Time Since ’21
Credit Card Balances Drop on Annual Basis for First Time Since ’21
July 08, 2025  |  Consumer Finance

Credit card performance improved for the first time in over four years despite credit card interest rates being “historically high” during the first quarter, the Federal...

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Fed’s Powell Tells House Committee Tariff-Based Inflation Will ‘Show Up’
Fed’s Powell Tells House Committee Tariff-Based Inflation Will ‘Show Up’
June 24, 2025  |  Economy

Federal Reserve Chair Jerome Powell told Congress on Tuesday (June 24) that higher tariffs will likely lead to higher prices down the line – though...

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Temasek Slashes Investments in Early-Stage Companies by 88%
Temasek Slashes Investments in Early-Stage Companies by 88%
June 04, 2025  |  Investments

Temasek, which is Singapore’s state-owned investment group and one of the world’s biggest investors, reportedly slashed its investments in early-stage companies by 88% over a...

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Federal Reserve Reports Second Year of Negative Net Income Amid High Interest Rates
Federal Reserve Reports Second Year of Negative Net Income Amid High Interest Rates
June 03, 2025  |  Economy

The Federal Reserve’s System Open Market Account (SOMA) saw its net income decline for the second year in a row in 2024 and could see...

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Capital One Reportedly Settling Savings Account Suit for $425 Million
Capital One Reportedly Settling Savings Account Suit for $425 Million
May 18, 2025  |  Banking

Capital One will reportedly pay $425 million to settle a lawsuit accusing it of cheating savings account depositors. That’s according to a report by Reuters...

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How Creative Financing and GenAI Are Changing the Homebuying Game
How Creative Financing and GenAI Are Changing the Homebuying Game
May 15, 2025  |  Real Estate

The real estate industry, like many others, is confronting structural challenges that require not only resilience but reinvention. Today’s unavoidable macro landscape is characterized by...

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