Americans ran up $105 billion in credit card interest last year alone
Danielle Foskie is among a growing number of Americans who have stumbled into a credit card doom loop.
2023-10-25 20:18
Auto loans are super expensive. Here's how to shrink your monthly bill
Interest rates are high and could get higher. That means auto loans are expensive. In fact, auto loan interest rates are the highest they've been since 2007, when the world was heading into a massive financial crisis. Rates average 7.4%, according to Edmunds, up 3 percentage points in just one quarter.
2023-10-11 00:29
WeWork to withhold interest payment on some notes
(Reuters) -WeWork Inc on Monday said it had decided to withhold interest payments of about $95 million related to some
2023-10-03 06:15
Be prepared for 7% interest rates, warns Jamie Dimon
JPMorgan Chase CEO Jamie Dimon issued a stark warning Monday to Wall Street: The Federal Reserve may be far from finished with its aggressive regimen of interest rate hikes in the fight against elevated inflation.
2023-10-03 03:21
JPMorgan CEO Jamie Dimon warns the world isn't ready for 7% interest rate
JPMorgan Chase CEO Jamie Dimon is raising the specter of the war on inflation getting worse before it gets better.
2023-09-27 00:58
The Fed has a perfect interest rate in mind. Here's what it is
There's a star the Federal Reserve is chasing.
2023-09-24 16:22
Bank of England pauses after 14 interest rate hikes
The Bank of England paused its historic rate hiking campaign for the first time in nearly two years Thursday after inflation fell unexpectedly in August.
2023-09-21 19:24
Peru's central bank cuts benchmark interest rate to 7.5%
Peru's central bank on Thursday cut its benchmark interest rate by 25 basis points to 7.5% after holding
2023-09-15 07:48
The European Central Bank takes rates to a record high and signals the end of hikes
The European Central Bank raised interest rates by a quarter of a percentage point to 4% Thursday and hinted it was done with its protracted campaign of rate hikes to tame stubborn inflation.
2023-09-14 23:21
US inflation pressures stubborn as fuel prices rise
The US inflation rate was 3.7% over the 12 months to August, up from 3.2% in July.
2023-09-13 21:51
Pinterest is embracing body inclusivity in its search results
Pinterest on Thursday said it has harnessed AI to develop technology that would deliver greater representation of diverse body types in its search results. Using shape, size and form to identify body types in images, the new body-type technology lets people search results that show bodies like their own, including plus sizes, via the algorithm.
2023-09-08 03:27
Bank of Canada says interest rates may not be high enough
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -Bank of Canada Governor Tiff Macklem on Thursday said interest rates may
2023-09-08 02:24