Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard The Federal Reserve lowered its key interest rate by ...

The Federal Reserve is expected to cut interest rates this week. Rates are currently around 4.25% to 5.5%, but the Federal Reserve is expected to lower the interest ...

The Federal Reserve on Wednesday opted to ease interest rates for the first time in months, leading the way for potentially lower mortgage rates, bond yields and a likely boost to cryptocurrency over ...

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

A federal appeals court on Thursday said it will reconsider its recent holding that the U.S. Department of Transportation had ...

LOS ANGELES (AP) — Hoping that mortgage rates will keep dropping following the Federal Reserve’s first rate cut since last year? Don’t bank on it. As expected, the central bank delivered a ...

For the first time in nine months, the Federal Reserve on Wednesday lowered its key interest rate, a quarter-percentage point cut likely to only slightly lower borrowing costs for consumers buying ...

Long Islanders and businesses borrowing money will benefit from the Federal Reserve’s decision this week to lower its benchmark interest rate, economic experts said. But they said the Fed’s cut will ...

The Federal Reserve officially lowered its benchmark interest rate by 0.25% during its September meeting, a move that was aimed at boosting a stalling labor market. The highly-anticipated rate cut, ...

Mortgage rates fell this week at their fastest weekly pace in a year, giving some relief to the strained housing market as economic conditions soften. The standard 30-year, fixed-rate mortgage dropped ...