The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks ...

Just remember that CD rates don't mirror the Fed precisely. So, if lenders assume that interest rate cuts will be issued this ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

Q4 2024 Earnings Call Transcript January 24, 2025 American Express Company beats earnings expectations. Reported EPS is $3.04 ...

For a steep price, the original premium card gives you 5X points on certain flights and hotel stays, hundreds of dollars a year in credit for travel and shopping, and a suite of perks for high-end ...

Major payments company, American Express Company AXP, is set to report fourth-quarter 2024 results on Jan. 24, 2025, before ...

Americans are deep in credit card debt, with card balances hitting a record $1.17 trillion in the third quarter of 2024.

American Express was up by as much as 5% on Wednesday ... the likelihood that the Federal Reserve will continue to cut interest rates in 2025. With banks' interest margins under pressure in ...

The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their savings account interest rates and “cheating” them out of more ...

The Federal Reserve cut interest rates in 2024 after having raised them 11 times throughout 2022 and 2023 to combat inflation, but savings rates still haven’t substantially declined. We may see ...

It shouldn’t be difficult for American Express to post healthy growth for ... as the market prices in the prospect of lower interest rates to boost economic growth and consumer spending.