Browsing: rise

As I anticipated (and probably many others too), mortgage rates moved higher after the Fed rate cut this afternoon.Everyone knew the Fed was going to cut…

Key insight: Bank stocks rose Wednesday after the Fed announced plans to cut the federal funds interest rate by one-quarter of a percentage point.What’s at stake:…

Series I bond rates rise to 3.98% ⁠— here’s how to buy them Source link

Krisztian Bocsi/Bloomberg Many consumers have become accustomed to tapping their phones at checkout, but scanning their palm or paying with their face is still more of…

Ann Hermes/The Christian Science Monitor via Getty ImagesEven a peanut butter and jelly sandwich is not immune to inflation’s bite.Although grocery prices cooled in July, food…

Bank impersonation scams are rising, as the line between real and fake fraud alerts has become increasingly blurred.Bank scams are no longer easy to detect simply…

The impact of Trump-era tariffs on goods and services is starting to trickle through the economy, but for now, the effect on inflation appears minimal, raising…

David Paul Morris/Bloomberg The payments industry is driving forward with plans to allow consumers to seamlessly pay for gas, parking, charging and more from their vehicles.Embedding…

Huntington Bancshares boosted its full-year 2025 outlook for a number of key financial metrics Friday, forecasting higher loan and deposit growth along with an uptick in…

With the U.S. Department of Education’s “involuntary collections” on federal student loans now underway, millions of borrowers face a “default cliff,” reports show.A new analysis by TransUnion found that…