Tag Archives: Federal Reserve

(Image: File)

Americans Carrying Record Amounts of Car Debt

Data shows jump in borrowing by financially stressed groups

Still, lenders are trying to extend their borrowing pool by attracting people with lower credit…

By Stacey Tisdale

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[Watch] GOP Candidate Ben Carson Talks Interest Rates and Income Gap

Candidate speaks ahead of Fed meeting, Tues and Wed, to decide next move on rates

As a financial journalist for nearly 2 decades you begin to see how much of…

By Stacey Tisdale

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(Image: wikipedia) Fed Chairwoman Janet Yellen

What Rate Hike Means for Mortgages, Credit Card Debt, and Stocks

Fed raises interest rates for first time since 2006

“The cumulative effect of a series of interest rate hikes over the next couple of…

By Stacey Tisdale

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mortgage-rates

Mortgage Rates Likely Moving Higher… But Not Much

Why homeowners shouldn't panic over headlines about higher rates

Despite strong job market data, analysts say mortgage rates will remain low for some time.

By Stacey Tisdale

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(Image: wikipedia) Fed Chairwoman Janet Yellen

Federal Reserve Votes ‘No” on Raising Interest Rates

Central bankers point to global economic slowdown

“Tightening before the economy has reached genuine full-employment is not just a mistake, it’s a…

By Stacey Tisdale

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(Image: File)

Does Lower Unemployment Mean Higher Interest Rates?

Employment report shows modest job creation and lower unemployment

“One of the objectives of raising interest rates is actually to put a hold…

By Stacey Tisdale

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32pped map

Black Employment Picture Varies Sharply in Different States

National data not telling the whole story

The story the numbers paint, however, would be a difficult one to sell to people…

By Stacey Tisdale

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mortgage-rates

What Higher Rates Will Mean for Homebuyers and Homeowners

Federal Reserve Chairwoman indicates rates are rising soon

The Federal Reserve is expected to raise interest rates as soon as September. What does…

By Stacey Tisdale

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citigroup

Personal Finance Word of the Day: Stress Test

Citigroup Inc.’s capital plan was among five that failed Federal Reserve stress test. Also known…

By Sheiresa Ngo

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Fed Teases to When Interest Rates Will Go Up

The Fed is waiting for unemployment to hit a magic number before it entertains changing interest rates

Is good news on the horizon?

By Ashley R. Harris

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aig

Does AIG Deserve a ‘Thank You’ From the Public?

Insurance giant was bailed out by the U.S. government, but one opinion suggests it was an obligation

Insurance giant was bailed out by the U.S. government, but one opinion suggests it was…

By Ashley R. Harris

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LeBron James opens The LeBron James Clubhouse at an Akron, Ohio Boys & Girls Club on Tuesday (Image: Getty)

In the News: LeBron Restores Boys & Girls Club; US Interest Rates Lowered and More

Headlines around the web

See what’s going on in the world with today’s compilation of news around the web

By Janel Martinez

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Top Senate Democrat Endorses Bernanke

WASHINGTON (AP) — The top Democrat in the Senate has endorsed Ben Bernanke for a…

By Associated Press

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Lawmakers Ask For Review Of AIG Bailout

WASHINGTON (AP) — Two House lawmakers asked Congress’ investigative arm on Thursday to review the…

By Associated Press

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What Dow 10,000 Means—This Time

A search for significance in the financial market's rally

As the Dow Jones Industrial Average powers through the 10,000-point threshold today, millions of investors…

By John Simons

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Obama Unveils Historic Financial Regulatory Reforms

Plan seeks to protect investors, consumers but faces opposition

President Barack Obama revealed Wednesday a series of initiatives that he described as “the most…

By Joyce Jones

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Rate of Stock Ownership Among Blacks Drops Despite Previous Growth

Experts encourage educated investing in tough economy

Recent economic woes and a slump in the stock market may contribute to an already…

By Renita Burns

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Day 22

The Senate passes the American Recovery and Reinvestment Act.
Obama takes his $800 billion recovery…

By Deborah Creighton Skinner

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Goodbye Credit Card Rate Hikes?

New rules add protections for consumers

For many of us, credit cards have been a saving grace in times of need…

By Renita Burns

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