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.

The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.

The unemployment rate, which is derived from a separate survey, declined to 4% from 4.1% the prior month. Economists expected ...

The first central bank interest rate moves of 2025 suggest it will be a year where some important heavyweights, in both the ...

Payments on a $50,000 HELOC could become cheaper in 2025 if interest rates are cut again. . Interest rates have been on a bit of a rollercoaster in recent years, as c ...

While the headline number missed estimates, the January jobs report showed signs of strength investors think will keep rates ...

Powell also addressed the uncertainty surrounding tariffs, describing their potential impact as highly unpredictable. He noted the wide range of unknowns, including the duration, scale, and targets of ...

In the preceding weeks, the Trump administration took significant steps to strengthen the U.S. economy with sweeping policy ...

The Federal Reserve spent a good part of 2022 and 2023 implementing interest rate hikes in response to rampant inflation. But ...

Traders of short-term interest-rate futures on Friday now expect the Federal Reserve to cut interest rates just one time this ...

The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed ...

Defying fears of a pandemic-driven Great Depression and bucking Federal Reserve interest rate hikes as well, the U.S. job ...