Interest Rates

Paycheck-to-Paycheck Consumers Won’t Find Budgetary Breathing Room From Rate Cuts
Paycheck-to-Paycheck Consumers Won’t Find Budgetary Breathing Room From Rate Cuts
September 23, 2024  |  Economy

The initial euphoria that greeted the Federal Reserve’s decision this past week to cut interest rates for the first time in four years was keenly...

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Report: Banks Took in $1 Trillion From High Interest Rates
Report: Banks Took in $1 Trillion From High Interest Rates
September 22, 2024  |  Banking

American banks banked $1 trillion thanks to a recent stretch of high interest rates. Get the Full Story Complete the form to unlock this article...

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JPMorgan Chase CEO Jamie Dimon Says Inflation Likely to Persist
JPMorgan Chase CEO Jamie Dimon Says Inflation Likely to Persist
September 20, 2024  |  Economy

JPMorgan Chase CEO Jamie Dimon reportedly said Friday (Sept. 20) that he is skeptical that the U.S. economy will see a soft landing. Get the Full...

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Dogs vs. Cats: Dogecoin, Shiba Inu Memecoins Have Competition at Crypto Food Bowl
Dogs vs. Cats: Dogecoin, Shiba Inu Memecoins Have Competition at Crypto Food Bowl
September 20, 2024  |  Cryptocurrency

In the world of cryptocurrency, the latest lineup of memecoins — POPCAT, MEW, MOG and CAT — has taken the stage with all the grace...

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Donald Trump Proposes Temporary 10% Cap on Credit Card Interest Rates
Donald Trump Proposes Temporary 10% Cap on Credit Card Interest Rates
September 20, 2024  |  Credit Cards

Donald Trump wants to put a temporary cap on credit card interest rates at 10%, according to a Wednesday post on X by the official...

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Three Banks to Lower Prime Lending Rate to 8% After Fed’s Rate Cut
Three Banks to Lower Prime Lending Rate to 8% After Fed’s Rate Cut
September 18, 2024  |  Banking

Three banks will lower their prime lending rate after the Federal Reserve decided to reduce the federal funds rate. Get the Full Story Complete the...

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Businesses May See Cost of Capital Relief as Fed Slashes Rates
Businesses May See Cost of Capital Relief as Fed Slashes Rates
September 18, 2024  |  Economy

The Federal Reserve cut interest rates by 0.5% Wednesday (Sept. 18), the first cut in four years. Get the Full Story Complete the form to...

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UK’s FCA Cautions Banks About Lowering Savings Rates Too Quickly
UK’s FCA Cautions Banks About Lowering Savings Rates Too Quickly
September 18, 2024  |  Bank Regulation

At a time when the market expects interest rates to continue dropping, the United Kingdom’s Financial Conduct Authority (FCA) is cautioning banks and building societies...

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Consumer Lenders Worry as Borrowers Struggle With Bills
Consumer Lenders Worry as Borrowers Struggle With Bills
September 15, 2024  |  Consumer Finance

Americans’ struggles with their bills has reportedly been bad news for consumer lending firms. Get the Full Story Complete the form to unlock this article...

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