As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.

Could CD interest rates decline again this month? Here's what savers should consider before the January Fed meeting.

After two years of progress on inflation and surprisingly persistent economic growth, the Federal Reserve next week meets ...

The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep ...

Financial markets are still concerned about inflation. The Fed influences short-term interest rates, which are falling, but ...

The forecast for unemployment is that it will rise slightly from its current rate of 4.2% to 4.3% by year-end of 2025. Thus, ...

The Dow DJIA dropped almost 700 points Friday, booking a back-to-back weekly decline that left it down 1.4% so far in January. That marked the index's worst performance over the first six trading days ...

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on ...

The standard of living of the average American has to decline,” he said. “I don't think you can escape  that.” These were the ...

The moves come as Wall Street is gearing up for December's nonfarm payrolls reading, which is scheduled to come out at 8:30 a ...

In fact, the fed funds rate and mortgage rates can move in opposite directions. But given the historic speed and magnitude of the Fed's 2022 and 2023 rate increases—raising the benchmark rate 5. ...

as speculation grows about the likelihood they will lower the federal funds rate, the benchmark lenders use to determine the cost of borrowing. Having held back during several previous meetings ...