Trump administration orders consumer protection agency to stop work, closes building
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively ...
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Try These Experts' Favorite Trick to Grow Your Savings -- Even When Money Is Tight
Savings account interest rates are still over 4% APY. Here's how to take advantage of them, even if you're struggling to save ...
A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money
A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...
Why the Job Market Is Giving the Fed Cover to Extend a Pause on Rate Cuts
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
ECB Updates Estimate of Neutral Rate as Policy Makers Question Its Usefulness
The neutral rate can't be directly observed, so economists use a variety of means to estimate it. The ECB said the models that had been updated to the end of 2024 pointed to the 1.75%-2.25% range, ...
Economy Faces Major Challenge Of Sustained High Interest Rates That Need Fixing - Cue Recession
Aggregate US debt is $101.353T, or 3.45x GDP, indicating a historically high leverage that risks recession. Read why ...
The Fed Holds Rates Steady. Here’s How to Use That to Your Advantage
Hint: You might want to pay down your debts more aggressively.
Average rate on 30-year mortgage eases for second week in as row, but remains just below 7%
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
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The Fed Voted to Hold Rates Steady. Your Credit Card's APR Likely Won't Change Either
Average APRs have inched down slightly, but you should focus on lowering your credit card balance as soon as you can.