A new report shows more Americans are under the stress of rising credit card balances. At the start of this year, Americans’ ...

The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.

Credit card industry figures show that consumers are feeling financially stressed. getty. Consumer Stress Is On The Rise ...

The Federal Reserve held rates steady at the end of ... The federal funds rate, which is set by the U.S. central bank, is the rate at which banks borrow and lend to one another overnight.

Researchers from the Federal Reserve Bank of Philadelphia have found troubling trends in US consumer credit.

As widely expected, the Federal Reserve held its policy rate at 4.25%-4.50% on Wednesday, as the Federal Open Market ...

There’s growing evidence that Americans are struggling with their credit card debt, which has grown significantly since the ...

In the third quarter of 2024, 10.75% of active credit card accounts paid only the minimum balance, the highest rate in 12 years, the Philadelphia Federal Reserve Bank reported. The trend reflects ...

Lake Shore Bancorp, Inc., the holding company for Lake Shore Savings Bank (the “Bank”), announced this week that the Board of Directors declared a cash dividend of 18 cents per share on its ...

9:00 AM Fed's Harker Speech Philadelphia Federal Reserve Bank President Patrick Harker speaks on"Right Now, It's Putting One Foot in Front of the Other" before the National Association of ...

NEW YORK (Reuters) -Philadelphia Federal Reserve President Patrick Harker said on Thursday he still expects the U.S. central bank to cut interest rates, but added that any sort of imminent move ...

After the L.A. fires, many homeowners face a daunting challenge of trying to rebuild and recover generational wealth they have lost.