How the Fed Rate Cut Can Help You Tackle Credit Card Debt
Sort by
Date
-
Will home prices rise with more Fed rate cuts? Here's what experts think.
With the Fed cutting rates again, home prices are unlikely to remain the same. Here's what some experts are predicting.Top stories - CBS News - October 17 -
Big Fed rate cut was justified, but it may have acted politically, Trump economic adviser says
Kevin Hassett, who was Chairman of the Council of Economic Advisers in the Trump administration from 2017 to 2019, agreed with Trump’s view that the Federal Reserve has acted politically in recent ...Business - MarketWatch - October 19 -
We're buying more shares on the dip in this Fed rate-cut stock tied to housing
Some of this decline is probably due to profit-taking since the stock has gone straight up since Sept. 6.Business - CNBC - October 22 -
Fed rate cuts were supposed to buoy small-cap stocks. What’s holding them back?
Small-cap stocks were widely expected to benefit most from the Federal Reserve’s interest-rate cuts — but that has yet to materialize.Business - MarketWatch - October 26 -
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 -
Election-week Fed meeting won’t give markets the roadmap they want
Next Thursday, economists expect broad agreement among Fed Chair Jerome Powell and his colleagues on a decision to reduce the benchmark interest rate by a quarter-percentage point to a range of ...Business - MarketWatch - November 4 -
Interest rate cut expected from Fed, U.S. markets surge after Trump election win
Federal Reserve Chair Jerome Powell is expected to announce an interest rate cut of 0.25 percentage points Thursday afternoon. That news comes as U.S. markets soar following the election of Donald ...Top stories - CBS News - 5 days ago -
Watch live: Fed Chair Jerome Powell speaks after interest rate cuts
Federal Reserve Chair Jerome Powell will remarks Thursday afternoon as the independent central bank prepares to cut interest rates for a second time. The decision comes after the administration ...Politics - The Hill - 5 days ago -
The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper
With interest rates declining, borrowing costs for credit cards, personal loans, and auto financing should get a bit cheaper, saving a few bucks on most loans.Business - CNBC - 5 days ago -
10-year Treasury yield ends below 4-month high after Fed cuts rates again
Yields on long-dated U.S. government debt dropped from their highest levels since early July on Thursday, after the Federal Reserve delivered a widely expected quarter-point interest-rate cut.Business - MarketWatch - 5 days ago -
S&P 500, Nasdaq close at records and extend postelection rally as Fed cuts rates
The S&P 500 and Nasdaq rose Thursday, extending Wall Street’s rally in the wake of President-elect Donald Trump’s victory, as traders weighed the latest rate cut from the Federal Reserve.Top stories - NBC News - 5 days ago -
4 smart home equity moves to make now that the Fed cut rates again
The Federal Reserve has issued another rate cut. Here are four smart moves home equity borrowers should make now.Top stories - CBS News - 4 days ago -
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" ...Top stories - CBS News - 2 days ago -
'The market is right': Former Fed policymaker Mester sees fewer rate cuts next year after Trump's victory
The U.S. Federal Reserve could carry out fewer rate cuts than previously expected next year should President-elect Donald Trump's proposed global tariffs take hold, former Fed policymaker Loretta ...Business - CNBC - 7 hours ago -
Sticky inflation might make it more tricky for Fed rate cuts, CPI could show
A rapid slowdown in the rate of U.S. inflation appears to have lost steam, potentially raising questions about how aggressively the Federal Reserve will cut interest rates early next year.Business - MarketWatch - 6 hours ago -
Should you lock in a mortgage rate after the November rate cut? Experts weigh in
Aside from the November rate cut, several factors play a role in timing your mortgage rate lock.Top stories - CBS News - November 5 -
‘She can’t even buy groceries or put gas in her car’: My friend’s husband died, leaving her with three young children, no job and $15,000 in credit-card debt
“She is planning to sell their house and should net between $75,000 and $100,000 on the sale of the property.”Business - MarketWatch - October 21 -
Trump is the right president to finally tackle the national debt
Trump’s electoral victory will be much less meaningful if he leaves office in four years without addressing our debt and deficit problems.Politics - The Hill - 5 days ago -
How to trade the post-election, post-rate-cut melt-up
Stocks are set to rally further — but the bond market doesn’t like what it sees.Business - MarketWatch - 3 days ago -
How the Federal Reserve interest rate cut could affect Americans
The Federal Reserve's latest interest rate cut could affect Americans who are borrowing money or are saving money. Jacob Sonenshine, a markets reporter at Barron's, joins CBS News with more on the ...Top stories - CBS News - 5 days ago -
You Can Now See the Code That Helped End Apartheid
John Graham-Cumming, who happens to be Cloudflare's CTO, cracked a 30-year-old encrypted file that had a role in rewriting South Africa’s history.Tech - Wired - October 18 -
‘Positive’ medical debt credit reporting is a Trojan horse
Congress shouldn’t be fooled and let a Trojan horse hurt consumers by nullifying state laws and the CFPB’s effort to get medical debt off credit reports.Politics - The Hill - 6 days ago -
Trump chooses Susie Wiles as White House chief of staff
President-elect chooses his 2024 campaign manager in first appointment to major role in administrationWorld - Financial Times - 5 days ago -
How Orbán seized the Trump moment to speak for Europe
Also in this newsletter: Italy’s second attempt to ship migrants to AlbaniaWorld - Financial Times - 4 days ago -
The Fed talks about not talking about Trump
Jay Powell sets some limitsWorld - Financial Times - 4 days ago -
Over 60 held as violence breaks out against Israeli football fans in Amsterdam
Clashes take place after Europa League match between Ajax and Maccabi Tel AvivWorld - Financial Times - 4 days ago -
Japan’s new kingmaker pushes for income tax threshold rise
Yuichiro Tamaki’s once-fringe DPP has leverage over Prime Minister Shigeru Ishiba’s weakened ruling partyWorld - Financial Times - 4 days ago -
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