News

Jobs report shows 147,000 new hires in June. Bigger-than-expected gain to keep Fed from cutting interest rates soon.
The U.S. added a decent 147,000 jobs in June that pointed to resilience in the labor market, but the pace of hiring has ...
Mortgage refinance demand surges as interest rates drop further
“Rates typically move higher if job openings are higher than expected, all else equal,” wrote Matthew Graham, chief operating ...
June jobs report comes in stronger than expected — tanking hopes that the Fed will cut rates this month
The Labor Department reported Thursday that the US economy added 147,000 jobs in June, beating the 110,000 gain forecast by ...
CNBC Daily Open: Tariffs led us down a different timeline for interest rates
It might help to think that if U.S. President Donald Trump hadn’t introduced tariffs, his other policies could have also ...
China’s central bank seeks European lenders’ advice on low interest rates
China’s central bank has asked European financial institutions for advice on dealing with the effects of low interest rates, ...
US Treasury chief says he thinks Fed could lower interest rates by September
U.S. Treasury Secretary Scott Bessent said on Tuesday he believes the Federal Reserve could lower interest rates by September ...
Mortgage Delinquency Rates Grew Faster Than Any Other Debt Type In May
Many homeowners are having a hard time keeping up with their mortgage payments as home prices sit at record highs, forcing ...
The pros and cons of rewards cards with high interest rates
Rewards cards usually have high interest rates, so the only smart way to use one is as a convenience: Charge only what you ...
HELOC interest rates vs. home equity loan interest rates: What lending experts say to know this July
That's because home equity loans and home equity lines of credit (HELOCs) — which are loans that use your home's equity as ...