Trump’s cap for credit card interest rates wouldn’t pass Congress, analyst says

How far will credit card interest rates fall in November?

There may be another Fed rate cut on the horizon in November. Here's how it could impact credit card rates.

Credit card interest rates are surging: How to lower yours now

The average card rate now surpasses 23%, a record high. Luckily, there are rate-reducing strategies that can help.

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

Three ways to play the bond market as the Fed lowers interest rates, this analyst says

Falling interest rates will steepen the yield curve and make these credit ETFs attractive

Business - MarketWatch - October 25

How Fed Rates Influence Credit Cards, Loans, Savings and More

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

Business - The New York Times - 5 days ago

Fed chair says Trump can't remove him. Could Trump still influence interest rates?

The standoff carries high stakes for the U.S. economy, experts said.

Credit card debt among retirees jumps — 'It's alarming,' researcher says

There's been a significant increase in the share of retirees with credit card debt since 2022, according to the Employee Benefit Research Institute.

Business - CNBC - Yesterday

Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says

"The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs," said IIF CEO Tim Adams.

Business - CNBC - October 23

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.

Trump talks shooting at press, ramps up election fraud claims at Pa. rally

Former President Donald Trump on Sunday leaned heavily into claims of election fraud and appeared to call for violence against members of the press at his rally in Lititz, Pennsylvania, continuing ...

Politics - NBC News - November 3

Trump backs Congress returning from recess to pass hurricane relief

Former President Trump on Monday said he would be in favor of Congress returning early from recess to pass additional aid following Hurricane Helene. “I would be in favor of it, yeah. This is a ...

Politics - The Hill - October 21

What the Trump win means for the mega-cap tech giants, according to this high-profile analyst

Shifts in the White House attitude to AI, regulation and electric vehicles may have a big impact on big tech.

Business - MarketWatch - 6 days ago

Call Of Duty: Black Ops 6 - Analyst Says Game Pass Didn't Hurt Numbers

The release of a new Call of Duty game is almost always one of the best-selling titles in any given year. But since Call of Duty: Black Ops 6 debuted on Game Pass on day one of its release, there ...

Tech - GameSpot - 10 hours ago

Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'

Several of Wall Street's chief executives don't see more than one more interest rate cut by the Fed this year, citing expectations of continued inflation.

Business - CNBC - October 29

Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'

RIYADH — The days of easy money and zero interest rates are firmly in the past, Morgan Stanley CEO Ted Pick said Tuesday, speaking at a panel of finance CEOs in Riyadh.

Interest rates cut but Bank hints fewer falls to come

Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.

Fed cuts interest rates as Powell says he will not resign as chair

US central bank lowers target range by a quarter point to 4.5%-4.75%

World - Financial Times - 5 days ago

What does the Fed's interest rate cut say about the state of the economy?

The Federal Reserve cut interest rates for the second time this year just days after the end of a presidential race in which inflation played a big role. CBS News MoneyWatch correspondent Kelly ...

Fed cuts interest rates days after election

The Fed cut interest rates by a quarter of a percentage point.

Wall Street reacts to Trump win as Fed weighs interest rate cut

President-elect Trump’s victory spurred a surge on Wall Street with the Dow Jones, S&P and Nasdaq reaching record highs. It comes as the Federal Reserve is weighing another interest rate cut with a ...

US central bank boss says Trump can't fire him

The US central bank cuts interest rates, as its chairman vows to stay on the job.

Trump has promised lower interest rates. That will be largely out of his control.

While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a range of factors largely outside of the president’s control.

Politics - NBC News - Yesterday

Japan's central bank to remain undeterred on rate hikes despite LDP's electoral shock, analysts say

Roughly 86% of economists polled by Reuters expect the central bank to leave its rates unchanged when it announces its decision Thursday.

Business - CNBC - October 28

Where interest rates are heading

The neutral ‘R-star’ level will be higher but the more notable change will be a steepening of the bond yield curve

World - Financial Times - October 14

How to get rid of credit card debt without ruining your credit

You don't have to sacrifice your credit score to get rid of credit card debt. There are lots of routes to consider.

Trump seeks to clarify Cheney criticism: 'She wouldn’t have 'the guts' to fight'

Former President Trump on Friday responded to criticism of his comments a day earlier, in which he attacked former Rep. Liz Cheney (R-Wyo.) by using violent imagery to chastise her foreign policy ...

Politics - The Hill - November 1

Consumer Fears of Credit Card Delinquency Rise

A monthly New York Fed survey finds that while people felt generally positive about inflation, income, and jobs, fear of failing to make debt payments rose to a four-year high.

Business - Inc. - October 16

How to qualify for a credit card hardship program this November

If you can't pay your credit card bills, a hardship program could provide relief, but you'll need to qualify first.

The cautionary tale of Goldman and Apple’s credit card

Retail banking is not only harder than it looks but also heavily regulated by watchdogs who take their duties very seriously

Business - Financial Times - October 30

Is it ever OK to ignore credit card debt collectors?

It can be tempting to ignore debt collectors' aggressive tactics, but it's generally not the best approach to take.

Can credit card debt in collections be forgiven?

There are lots of ways to deal with credit card debt that's in collections — but is debt forgiveness one of them?

Trump presses next GOP Senate leader to allow ‘recess appointments’

It comes as Rick Scott has racked up support from prominent conservative backers, including Elon Musk.

Politics - Politico - 2 days ago

Trump presses next GOP Senate leader to allow ‘recess appointments’

It comes as Rick Scott has racked up support from prominent conservative backers, including Elon Musk.

Politics - Politico - 2 days ago

After McCarthy ouster, GOP to consider new requirement for House leadership elections

Rep. Brian Mast wants any Republican seeking an internal promotion to be required to step down from their current leadership post.

Politics - Politico - 2 days ago

After McCarthy ouster, GOP to consider new requirement for House leadership elections

Rep. Brian Mast wants any Republican seeking an internal promotion to be required to step down from their current leadership post.

Politics - Politico - 2 days ago

Conservatives weigh potential show of opposition against Johnson

House Republicans are holding their leadership elections next week, where Mike Johnson is largely expected to earn the speakership nomination.

Politics - Politico - 3 days ago

Waller skeptical of more big Fed rate cuts amid worries a strong economy could reignite inflation

A key voter on the Federal Reserve said the surprising strength of the economy suggests the central bank should “proceed with more caution” in cutting U.S. interest rates to make sure inflation ...

Business - MarketWatch - October 14

Larry Fink says the Fed won't cut interest rates as much as markets expect this year

"I do believe we have greater embedded inflation in the world than we've ever seen," Fink said.

Business - CNBC - October 29

Minneapolis Fed president says another interest rate cut in December is "certainly possible"

Neel Kashkari, the president of the Minneapolis Federal Reserve, tells "Face the Nation with Margaret Brennan" that another interest rate cut after the December Fed meeting is "certainly possible" ...

American interest rates need to rise

Lessons for the US from the Brazilian canary in the coal mine

World - Financial Times - October 15

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