Interest Rates

Credit Card Balances Drop on Annual Basis for First Time Since ’21

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. Get the Full Story Complete the form...

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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. Get the Full Story Complete the form...

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Group of 30: Federal Reserve Should Focus on Inflation Target
Group of 30: Federal Reserve Should Focus on Inflation Target
April 30, 2025  |  Economy

Group of 30, an independent global consultative group, said Wednesday (April 30) that the Federal Reserve should focus on its 2% inflation target, prioritizing that...

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Two-Thirds of Consumers Check Interest Rates When Choosing a Bank
Two-Thirds of Consumers Check Interest Rates When Choosing a Bank
April 25, 2025  |  Banking

How do consumers calculate interest rates as part of their financial planning? A PYMNTS Intelligence study, titled “How Financial Lifestyle Impacts Consumer Perception of High...

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