Is debt relief worth it as interest rates drop? Experts weigh in
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CBS News - Top stories
Here's how far mortgage rates have dropped already this year
The mortgage rate landscape is shifting rapidly. Here's how much mortgage rates have declined so far in 2024.3 hours ago - Mortgage -
CBS News - Top stories
How the Fed rate cut can help you tackle credit card debt
The Fed's rate cut won't necessarily slash credit card interest rates, but it could help you get rid of your card debt.6 hours ago - Federal Reserve -
The New York Times - Business
30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut
The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said.6 hours ago - Federal Reserve -
MarketWatch - Business
How low could mortgage rates go now that the Fed has finally started cutting? Economists weigh in.
Here’s what the Federal Reserve’s interest-rate cut means for mortgage rates.7 hours ago - Mortgage -
BBC News - Top stories
Interest rates held at 5% but set to fall gradually, says Bank
Economists are betting on rates being held in September with a cut to come in November instead.8 hours ago -
CNBC - Business
From mortgages to auto loans, experts weigh in on when — or if — to refinance as interest rates fall
The Federal Reserve just cut interest rates by a half point. That may open up some refinancing opportunities for borrowers, depending on the type of loan.8 hours ago -
CBS News - Top stories
Personal loans vs. credit cards: Which is better as interest rates drop?
Both options have unique benefits in today's cooling rate climate. Here's what to know now.9 hours ago -
CBS News - Top stories
Fed cuts interest rates, what happens now?
The Federal Reserve on Wednesday announced an interest rate cut of 0.5%, bringing rates down from their previous 23-year high. CBS News contributor Javier David has more on what that means for you.9 hours ago - Federal Reserve -
The New York Times - Business
What Fed Interest Rate Cuts Means for Mortgages, Car Loans and More
Here’s what the half-point interest rate cut will mean for your car loans, credit cards, mortgages, savings and student loans.11 hours ago - Federal Reserve -
MarketWatch - Business
Investors renew focus on inflation data as Fed weighs size of expected September rate cut
Wednesday’s consumer-price index for August may end up being the deciding factor as to whether the Federal Reserve will deliver a bigger-than-usual, 50-basis-point rate cut on Sept. 18.Yesterday - Federal Reserve -
Inc. - Business
Rate Cut Could Bring Relief to Borrowers
The interest rate reduction could mean lower monthly payments or refinancing higher-interest debt for borrowers.Yesterday -
MarketWatch - Business
This part of the Treasury market may move the most on a Fed interest-rate cut
Wednesday’s interest-rate decision from the Federal Reserve is shaping up to become one of the most exciting announcements by the central bank in a long time, with the potential to reshape what’s ...Yesterday -
The Hill - Politics
Trump weighs in on Fed rate cut during stop at Manhattan bitcoin bar
Former President Trump on Wednesday said the Federal Reserve's decision to cut interest rates showed the economy was struggling, or the central bank was "playing politics." Trump made a stop at ...Yesterday - Donald Trump -
BBC News - Top stories
US interest rates cut by 0.5% in first drop in four years
The Federal Reserve has cut its key lending rate by 0.5 percentage points - a larger cut than expected.Yesterday -
CBS News - Top stories
Why borrowers shouldn't wait for rate cuts to fix their debt
Interest rate cuts may not be worth waiting for if you're stuck with high-rate debt. Here's what to consider now.Yesterday -
Inc. - Business
Advantages of Buying a Business During High Interest Rates
Contrary to common wisdom, investors can succeed in this economic environment.Yesterday -
NBC News - Top stories
Federal reserve cuts interest rates by 0.5%
The Federal Reserve announced it's cutting interest rates for the first time since the beginning of the Covid-19 pandemic. The rates will be reduced by half a percentage point in effort to cushion ...Yesterday - Federal Reserve -
CBS News - Top stories
Is a CD still worth it now that the Fed has cut rates?
Are CD accounts still valuable with interest rate cuts? Here are three reasons why they're still worth opening.Yesterday - Federal Reserve -
The Hill - Politics
Emboldened Fed lowers interest rates by half-point
The Federal Reserve cut interest rates by 50 basis points Wednesday, the central bank’s first rate reduction following a two-and-a-half year crusade against inflation that raged in the wake of the ...Yesterday - Federal Reserve -
NBC News - Top stories
Fed goes big with interest rate cut in a bid to head off an economic slowdown
The Federal Reserve said Wednesday it was lowering its interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.Yesterday - Federal Reserve -
CBS News - Top stories
Interest rates expected cut from Federal Reserve
The Federal Reserve is expected to announce the first interest rate cut since 2020. CBS News business analyst Jill Schlesinger breaks down what economists predict may occur during today's ...Yesterday - Federal Reserve -
MarketWatch - Business
Inflation hangs over the Fed as it prepares to cut interest rates
The challenge: Keep interest rates low enough for the U.S. economy to expand, but not so low as to overheat labor markets.Yesterday - Federal Reserve -
ABC News - Entertainment
What will become of Sean 'Diddy' Combs' musical legacy? Experts weigh in following his indictment
Sean “Diddy” Combs is widely recognized as one of the most influential figures in hip-hop, but his indictment Tuesday on sex trafficking and racketeering charges further clouds his legacyYesterday -
CBS News - Top stories
Fed expected to cut benchmark interest rate, providing relief to consumers
Senior business and tech correspondent Jo Ling Kent explains what to expect from the Federal Reserve's anticipated rate cut and what it could mean for your finances.Yesterday - Federal Reserve -
The New York Times - Top stories
An Interest Rate Cut
We explore the politics of today’s Fed announcement.Yesterday -
Financial Times - Business
US dollar trades in the doldrums as rates and data weigh on outlook
Appreciation of other major currencies such as yen and pound has put downward pressure on the greenback2 days ago -
MarketWatch - Business
Make this last-minute money move before the Fed’s interest-rate cut
Plus, tips for how savers and spenders can prep for the first interest-rate cut since 20202 days ago -
CNBC - Business
Now is your last chance to lock in a guaranteed 5% return before the Fed cuts rates, investing experts say
The Federal Reserve is expected to reverse course this week and begin cutting interest rates. It may make sense for savers to lock in a high interest rate now.2 days ago -
MarketWatch - Business
Bitcoin jumps while Dow falls ahead of the Fed’s interest-rate decision
Bitcoin jumped Tuesday ahead of the Federal Reserve’s key rate decision on Wednesday, as traders expect the central bank policymakers to deliver the first interest-rate cut in four years.2 days ago - Crypto -
CBS News - Top stories
How far will mortgage interest rates drop this week?
The Fed is set to issue its first rate cut since 2020 this week. Here's how far mortgage interest rates could then drop.2 days ago - Mortgage -
CBS News - Top stories
How to make CD accounts valuable as interest rates drop
There are ways to make CD accounts valuable even as interest rates fall. Here's how to get the most out of them.2 days ago -
MarketWatch - Business
A possible Fed interest-rate cut boosts home builders confidence
Builder sentiment rose as mortgage rates fell, the National Association of Home Builders said.2 days ago - Federal Reserve -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grown2 days ago -
CBS News - Top stories
Is debt relief worth it as interest rates drop? Experts weigh in
Interest rates on credit cards and loans may begin to drop. So should borrowers still use debt relief services?2 days ago -
The New York Times - Business
How the Fed Cutting Interest Rates Affects Stocks, Banks and More
For corporate America, this week’s expected interest rate cut carries risks along with rewards.2 days ago - Federal Reserve