Carrying a credit-card balance has gotten way more expensive
Banks have been raising interest rates on credit cards for years, and some are lifting them higher still to recoup the ...
Marketplace1h
American consumers continue to rack up debt
Consumer credit overall increased, while revolving debt — that’s mostly on credit cards — was down 1.2%, according to the ...
The Fed May Not Cut Rates In November. What to Do With Treasury Bonds Now.
The best-laid plans often go awry, and that goes even for the Federal Reserve, whose rate-cut intentions were thrown for a ...
What a 10-year Treasury yield above 4% says about the economy
On Monday, the 10-year yield BX:TMUBMUSD10Y closed above 4% for the first time since July 31. Meanwhile, the policy-sensitive 2-year rate BX:TMUBMUSD02Y also finished just above the 4% level as ...
More young people are falling behind on their credit card and vehicle payments
Netspend analyzed Federal Reserve Bank of New York data to illustrate how different generations handle debt payments amid ...
Mortgage rates take first jump in 7 weeks
The average rate on a 30-year mortgage is down from 7.22% in May, its 2024 peak. Rates have been mostly declining since July ...
Our Anchor In Choppy Markets
U.S. stocks were flat last week. Two- and 10-year U.S. Treasury yields surged as markets scaled back rate cut expectations that BlackRock thought were overdone. Click to read.
Wall Street indexes slip with interest rates, Middle East in focus
U.S. stock indexes closed lower on Monday while Treasury yields rose, as traders tamped down bets for Federal Reserve ...
The Stanly News and Press3h
MIKE WALDEN COLUMN: What does the Fed’s rate cut mean?
Getting your Trinity Audio player ready... Recently the Federal Reserve (the Fed) made headlines by reducing its interest ...
Why Wall Street's Hopes for Big Interest Rate Cuts Have Dimmed, and What's Next
Investors were once again resetting on Monday after last week's strong jobs report upended the market's predictions about how ...
3 CD accounts to open before the next rate cut
Interest rate cuts are looming. Here are three CD accounts savers should open while they can still get a high rate.
What To Expect From September’s CPI Inflation Report
Consumer Price Index inflation data to be released on October 10 is expected to provide further support for the Federal Open ...