President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep.
The CD interest rate climate has evolved. Here's what a good long-term CD interest rate is considered to be now.
The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five weeks in a row.
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the economy — consumer spending — isn’t sustainable.
The number of Americans collecting unemployment benefits rose to 1.9 million last week, the highest level since November 2021, according to data released by the Labor Department on Thursday. This ...
The Bank of Japan is expected to raise interest rates on Friday to levels unseen since the 2008 global financial crisis, as a broad worldwide stocks rally calms policymakers' fears U.S. President ...
The Federal Reserve is done with rate cuts for the "foreseeable future" and its next move could even be to hike, Dan Ivascyn, chief investment officer at bond-fund giant Pimco told the Financial Times ...
Mid- and small-cap value stocks have historically outperformed their large-cap counterparts, particularly when leveraging ...
The Bank of Japan is set to hike rates this week as CPI inflation rise; and a hawkish BOJ may be signaling it expects U.S.
2025 forecasts show average 30-year fixed mortgage rates hovering around the mid-6% range for a while. Logan Mohtahsami, lead analyst at HousingWire, expects rates to range between 5.75% and 7.25% ...
After an historic rate hike cycle that was the fastest on record and largest in decades, the Federal Reserve announced its first rate cut since 2020 this past September.The Federal Reserve (Fed) began ...