The Federal Reserve lowered interest rates again at its final meeting of the year, signaling that Chair Jerome Powell was able to guide his deeply divided committee toward a consensus over how to ...

The number of Gen Z college freshmen who are entering universities without high school math skills is skyrocketing — as SAT scores are plummeting, a stunning new report has found. Even more shocking: ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

After two years of restrictive monetary policy, it seems that interest rates are trending down potentially even further as the year draws to a close. Processing Content As inflation cools and the ...

Good afternoon, and welcome to our live coverage of the upcoming interest rates decision. The Bank of England’s Monetary Policy Committee (MPC) announces its latest decision tomorrow (6 November), and ...

NEW YORK (AP) — The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the second time since September. Before that, it had gone nine months without a cut. The federal ...

A friend of mine almost didn't do a balance transfer because of the $300 fee. He was nervous about paying that much up front -- totally fair. But once he ran the numbers and saw he'd save over $1,400 ...

The last time the Federal Reserve cut the federal funds rate was on Sept. 17 when the benchmark rate was reduced by a quarter point. The Fed cut rates three times in 2024. The average 30-year fixed ...

The Federal Reserve's recent 0.25% interest rate cut may make it cheaper for consumers to take out large loans. A lower interest rate can reduce the total amount paid on a car loan over its term, ...

The Federal Reserve’s most recent cut could mean changes for savings accounts and certificates of deposit. While these macroeconomic shifts are designed to help control or reduce inflation and ...

Latest economic research and insights delivered to your inbox each month. This paper examines empirically how the effect of interest rates on the three components of bank profits – loan loss ...