Latest in Investors are bracing for higher for even longer interest rates
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Will credit card interest rates increase now that inflation is climbing?
Inflation ticked back up again in October, which could impact your credit card interest rates. Here's how.Top stories - CBS News - 2 days ago -
Inflation rises slightly as economy reacts to interest rate cuts
New data shows inflation rose slightly as the Federal Reserve navigates interest rate cuts following signs of cooling prices and a weaker labor market. CBS News contributor JD Durkin has more.Top stories - CBS News - 2 days ago -
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.Business - MarketWatch - Yesterday -
Powell says the Fed doesn't need to be 'in a hurry' to reduce interest rates
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.Business - CNBC - Yesterday -
Powell says Fed in no ‘hurry’ to lower interest rates further
Central bank chair warns path to a reduction in inflation will be ‘bumpy’Business - Financial Times - Yesterday -
Post-election stock rally fizzles as interest rate concerns grow
Stocks tumbled on Friday as the post-election rally fizzled and investors fretted over the path of interest rates.Top stories - NBC News - 3 hours ago -
Processed food stocks fall as investors brace for increased scrutiny under Trump, RFK Jr.
Shares of several companies behind popular soda and snack brands pulled back sharply Friday.Business - CNBC - 4 hours ago -
Uranium and utilities stocks can soar even higher as Big Tech goes nuclear
Microsoft and other tech giants including Oracle, Amazon.com, Apple and Alphabet need more electricity to energize their AI future.Business - MarketWatch - October 19 -
Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds
Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.Business - CNBC - November 1 -
Russia's central bank raises key rate to 21% to rein in higher-than-forecast inflation
Russia's central bank on Friday raised its key interest rate by 200 basis points to 21%, citing higher-than-forecast consumer price increases.Business - CNBC - October 25 -
Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut
The fresh inflation print is seen as crucial in judging whether the European Central Bank could consider a half-percentage-point interest rate cut.Business - CNBC - October 31 -
Cowboys trade interest was already risky. With Dak Prescott's injury, their argument is even weaker
Dallas needs to think critically about 2024 investment, because it's now a risky endeavor.Sports - Yahoo Sports - November 4 -
Why credit card debt forgiveness is worth it even with more Fed rate cuts
Another interest rate cut was just issued. Here's why you should still pursue credit card debt forgiveness anyway.Top stories - CBS News - November 7 -
ECB’s Lagarde: ‘We’re breaking the neck of inflation’ after cutting interest rates – business live
Rolling coverage of the latest economic and financial news. Newsflash: Inflation across the eurozone fell by more than initially thought last month, which may cement the chances of interest rate ...World - The Guardian - October 17 -
European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target
European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its targetWorld - ABC News - October 17