Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Solid January Jobs Data Will Likely Keep Fed Interest Rate Cuts On Hold
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed ...
Trump wants to close the carried interest tax loophole, a longtime target of Democrats
The Trump administration's list of tax priorities includes eliminating a loophole that benefits private equity firms, hedge ...
A new bill in Congress would cap credit card interest rates at 10%. But the limits could harm consumers, experts warn
A new bill sponsored by Sens. Sanders and Hawley would cap credit card APRs, but that could reduce access to credit and ...
Indian state-run firms line up $2 bln bond sales as central bank cuts interest rate
Indian state-run companies are set to borrow nearly $2 billion via the bond market early next week after the central bank cut ...
BOE Cuts Interest Rates. What That Means for the Dollar.
The Bank of England lowered interest rates, following the ECB. The Fed will take a different path this year. That will put ...
Could Tariffs Push Interest Rates Higher? Here's What It Means for Your Wallet
Tariffs don't directly cause interest rates to rise, but they might be part of the recipe. Learn if rates will go up, and ...
In a switch, Trump approves of the Fed's decision to hold interest rates steady
President Donald Trump commended the Federal Reserve for its decision last week to leave interest rates unchanged. "Holding ...
The Federal Reserve holds interest rates steady
The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy ...
Put A Lid On It: The Sanders-Hawley Bill Wants To Cap Credit Card Rates. Here’s What You Need To Know
A political odd couple is joining forces to lower credit card interest rates. Sen. Bernie Sanders (I-Vt.) and Sen. Josh ...
Is the Fed interest rate pause good for mortgage rates?
It's important to understand that the Fed's decision to pause rate cuts will not directly impact mortgage rates. Mortgage ...
A bill would cap credit card rates at 10%, echoing a Trump pledge. Are there downsides?
A bill would cap credit card rates at 10%, something Trump promised on the campaign trail. Will Trump follow through? Will ...