Business

This week, the Federal Open Market Committee (FOMC) — a division of the Federal Reserve responsible for setting monetary policy — met once again to evaluate the health of the…

Today, the national average interest rate for savings accounts is just 0.45%, according to the FDIC. But that doesn’t mean you’re stuck earning a low rate on your savings. Many…

Today, the national average interest rate for savings accounts is just 0.43%, according to the FDIC. But that doesn’t mean you’re stuck earning a low rate on your savings. Many…

A hot job market is usually good news for workers. When the unemployment rate is low, people can easily switch jobs and negotiate better pay from employers. Workers have more…

You might think of the Federal Reserve as a bank to banks. It holds bank deposits, lends money to financial institutions, and facilitates the process for banks to borrow funds…

A USDA loan, which is backed by the U.S. Department of Agriculture (USDA), allows home buyers to purchase a home with no money down. USDA loans often have lower interest…

The stock market hates surprising economic news. The latest evidence: Stocks plummeted on Wednesday after Fed officials signaled that they expect to cut interest rates only two times next year…

Checking accounts offer a safe place to store your money and provide easy access to funds for daily transactions. However, not all checking accounts offer the same benefits. In fact,…

In its final meeting of the year on Dec. 18, 2024, the Fed once again lowered the federal funds rate. The FOMC's 0.25% decrease is the third rate cut in…

Mortgage rates are lower than this time last year, but they're still nowhere near the lows we saw in 2020 and 2021. However, there is a way to lower your…

(Reuters) -The U.S. Federal Trade Commission opened a broad antitrust investigation into Microsoft, a source familiar with the matter said on Wednesday, making it the latest Big Tech firm to…

The Yahoo view: Better mortgage combines several home-buying services, including rapid loan approval, insurance, real estate, settlement services, and more, into a consolidated digital experience. It's a lender worth considering.…