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 ...
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Struggling with bad credit? How the Trump administration affects personal finances
The Trump administration’s policies could indirectly impact borrowing costs. Also, the costs of goods and services could rise if Trump implements tariffs on Mexico and Canada. As a result of higher ...
Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...
Stock market today: S&P 500, Nasdaq pop with Amazon set to highlight earnings rush
US stocks were mixed on Thursday in anticipation of Amazon's quarterly results, as investors assessed the earnings season so ...