Bank of America, Citigroup may offer credit cards at 10% rate in bid to appease Trump: report
Bank of America and Citigroup are reportedly considering offering credit cards with a 10% interest rate in an effort to ...
Tag: interest rates
Home sales stuck at 30-year low in 2025 as mortgage rates, prices slam market
The US housing market slump dragged into its fourth year in 2025 as sales remained stuck at a 30-year low ...
Mortgage refinance demand jumps 40% on Trump’s $200B bond-buying spree
Mortgage refinance demand jumped 40% higher last week after President Trump ordered a $200 billion bond-buying spree – briefly sending ...
Retirement accounts roared back in 2025 after punishing losses during Biden years: study
After four bruising years in which inflation and declining bond markets slammed Americans’ nest eggs, retirement accounts made a big ...
Trump leaning toward Kevin Warsh or Kevin Hassett to be next Fed chief: report
President Trump said he is leaning toward former Fed governor Kevin Warsh or National Economic Council Director Kevin Hassett to ...
Here’s what interest-rate cut means for borrowers on everything from credit cards to mortgages
The Federal Reserve on Wednesday issued the third consecutive quarter-point interest rate cut this year — likely impacting everything from ...
Fed slashes interest rates by quarter point for third time in a row
The Federal Reserve on Wednesday slashed interest rates by a quarter point even as officials remain conflicted over whether to ...
Delayed gov’t data shows US added 119K jobs in September
The US economy added significantly more jobs than expected in the first batch of economic data released since the government ...
Home sales hit 7-month high as falling mortgage rates tempt buyers
Sales of previously occupied US homes accelerated in September as declining mortgage rates and a pickup in available properties on ...
Fed’s Stephen Miran says he wants half-point interest rate cut this month
Stephen Miran – the newest Fed governor appointed by President Trump – said Thursday he plans to push for a ...
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