The Federal Reserve left interest rates unchanged, despite relentless attacks from President Trump, who wants borrowing costs to be much lower. Ana Swanson Ana Swanson covers trade and economic policy ...
Trump’s signature legislative achievement of his first term in office was the 2017 Tax Cuts and Jobs Act, which slashed the corporate tax rate from 35% to 21%, a reform that Trump and Republicans at ...
• The Federal Reserve held interest rates steady Wednesday as expected, but two governors dissented, preferring a quarter-point cut. • It’s the first time since July that the central bank has chosen ...
President Donald Trump called for credit card companies to cap interest rates at 10%, roughly half the industry average, effective Jan. 20. That date arrived, and credit card rates have hardly budged.
National Economic Council Director Kevin Hassett was in the running for Fed chair nominee, but now says the White House will do everything it can to get Kevin Warsh confirmed. (Anna Moneymaker/Getty ...
Jason Furman, President Obama's chair of the Council of Economic Advisers, said over social media that Warsh has both the substance and independence to lead the central bank. That comment points to ...
U.S. stocks tumbled and gold and silver posted the largest one-day declines since 1980 after President Donald Trump said he's choosing former Federal Reserve Governor Kevin Warsh as his nomination to ...
You might see the terms "interest rate" and "annual percentage yield" (APY) used interchangeably when talking about interest-bearing accounts like HYSAs and CDs. The two are related — and both are ...
Average business loan rates start at 6.99% APR but those that meet certain business criteria and personal credit requirements might qualify for lower rates Written By Written by Staff Senior Editor, ...
The Federal Reserve held interest rates steady Wednesday, as expected, despite pressure from President Trump for much lower borrowing costs. The central bank has already cut its benchmark interest ...
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With eight years of experience as a financial journalist and editor and a degree in economics, Elizabeth Aldrich has worked on thousands of articles within the realm of banking, economics, credit ...