The unemployment rate, according to the most recently released report, jumped to 4.6%, the highest level in years. The next ...
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Trump calls for a 10% cap on credit card rates in his latest appeal to affordability concerns
President Donald Trump on Friday called for a one-year, 10% cap on credit card interest rates, saying the American public is being “ripped off” in a Truth Social post.
A decrease in oil supply drives up oil prices, which can raise unemployment and inflation. To counter adverse effects on inflation, a central bank may choose to increase its policy rate, potentially ...
European Central Bank (ECB) Vice-President Luis de Guindos declared that the bank’s current key interest-rate level is appropriate — provided the economic and inflation outlook remains broadly as ...
The Federal Reserve cut interest rates again for the second straight meeting, a sign that officials are more focused on safeguarding the job market and shielding the economy from a recession than ...
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Federal Reserve Bank of New York President John Williams said his forecast is that it will “become appropriate” to cut interest rates “over time,” without clarifying the timing or pace of such moves. ...
We’re hearing a lot about the status of interest rates and where they’re headed these days. It’s vital for you to know how they can affect retirement planning and what you can do to protect more of ...
BlackRock Debt Strategies Fund (DSU) remains a hold as it trades at a decade-high 1.38% NAV premium and faces payout sustainability concerns. DSU offers an 11.5% dividend yield, but its heavy exposure ...
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