As Federal Reserve chair, Kevin M. Warsh may face a tough task persuading his colleagues to lower borrowing costs because of ...

The tech-heavy Nasdaq Composite index fell more than 2% on Thursday ahead of US inflation data, due later on Friday, which could influence the future path of rate ...

Employers added 130,000 jobs last month and the unemployment rate declined to 4.3%, according to Bureau of Labor Statistics ...

It's the first Fed day of 2026, and Chair Jerome Powell is in the hot seat. The central bank announced it would hold its benchmark interest rate steady, as was widely expected. The meeting follows ...

Journal Editorial Report: Allies warn of a ‘rupture’ in the world order. Photo: Sean Kilpatrick/The Canadian Press/Fabrice Coffrini/AFP/Getty Images/Avalon/ZUMA Press In his Davos speech last week, ...

Many Republicans are flatly rejecting President Trump’s proposal for a one-year 10-percent cap on credit card interest rates, warning that it will be unsustainable in the long run. Trump’s proposal ...

President Donald Trump is calling for a 10% cap on credit card interest rates. The average credit card interest rate was recently reported to be between 19.65% and 21.39%. Bipartisan bills to cap ...

President Trump on Friday called on credit card companies to cap interest rates at 10% for one year, beginning later this month. “Please be informed that we will no longer let the American Public be ...

Following a series of Federal Reserve interest rate cuts in the final months of 2025, which also followed a series of Federal Reserve interest rate cuts in the final months of 2024, homebuyers and ...

Everything Americans thought they knew about personal finance was upended when the Federal Reserve started aggressively hiking interest rates to cool post-pandemic inflation. After more than a decade ...

This is read by an automated voice. Please report any issues or inconsistencies here. Some Federal Reserve officials who supported cutting a key interest rate earlier this month could have instead ...

Fed rate cuts would likely lower credit card and savings rates first, while auto loans and especially fixed-rate mortgages may stay high or even rise. How much consumers benefit will depend on credit ...