A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates would have unintended consequences.

Factors like your debt-to-income ratio, your income and existing debt all influence the interest rate on your credit card. And consumers who are considered high-risk are approved with a higher interest rate as a way for banks and issuers to compensate for the possibility of default.

Senators Bernie Sanders and Josh Hawley say they will propose a 10 percent limit on credit card interest rates.

Good morning. The Bank of England is expected to cut interest rates today. US Treasury Secretary Scott Bessent is focused on lowering yields, not rates. And Man City’s trouble is spreading from the pitch to politics.

We explain what the Bank of England's decision to cut rates to 4.5% means for your money - and whether rates will be cut again soon.

The Bank of England lowered interest rates, following the ECB. The Fed will take a different path this year. That will put upward pressure on the dollar.