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US credit card interest rates hit 25-year high

U.S. consumers are paying higher interest rates on their credit card balances than they have in more than a quarter-century, and the Federal Reserve’s rate cuts are no guarantee that they will receive much relief......»»

Category: topSource: bizjournalsAug 6th, 2019

Stock market today: US stocks end the week higher after solid earnings and Goldilocks jobs report

"The case for rate cuts got a little stronger today. Goldilocks could be making a comeback," TradeStation market strategist David Russell said. REUTERS/Brendan McDermidUS stocks .....»»

Category: dealsSource: nytMay 3rd, 2024

Is Hawkish Shift On Inflation Imminent? Wall Street Analysts, Traders Brace For Fed Impact

Investors are on edge as the Fed meets after higher-than-expected inflation readings. Analysts expect cautious approach and possible rate cuts. read more.....»»

Category: blogSource: benzingaApr 30th, 2024

Earnings Beat, Cash Flow Heat: Mixed Quarter For TotalEnergies

TotalEnergies reported $2.14 adjusted EPS, 2% decrease in hydrocarbon production, 4% decline in E&P and 6% increase in Integrated LNG, and $11.5 billion adjusted EBITDA. The company expects higher utilization rate and LNG selling price in Q2. read more.....»»

Category: blogSource: benzingaApr 26th, 2024

Jerome Powell Back In Hawkish Policy Lane? Why Economists Feel Fed"s "Higher For Longer" Narrative Hasn"t Changed: "Markets Need To Focus On The Fact That..."

Powell stated on Tuesday that a prolonged period of restrictive monetary policy may be necessary, refraining from offering explicit guidance on a rate-cutting strategy. read more.....»»

Category: blogSource: benzingaApr 17th, 2024

Inflation Rises More Than Expected To 3.5% In March, Derails June Rate Cut Hopes (UPDATED)

US inflation rate surges to 3.5% in March, higher than expected, leading to a possible delay in interest rate cuts and affecting markets. read more.....»»

Category: blogSource: benzingaApr 10th, 2024

London Markets: Pound and gilt yields inch higher as Bank of England says it will slow bond purchase rate

The pound wobbled and the yield on short-term U.K. bonds edged higher on Thursday, after the Bank of England said the pace of continuing government bond purchases can be "slowed somewhat.".....»»

Category: topSource: marketwatchMay 6th, 2021

Dow bounces higher as Nasdaq, S&P drop on Yellen"s rate hike talk

Stock investors are rotating into cyclical names and out of technology......»»

Category: topSource: foxnewsMay 4th, 2021

The Moneyist: I’m a disabled police officer. My wife persuaded me to sign a quitclaim deed so she could refinance our home at a better rate. Now she’s hinting at divorce

‘My wife’s income is over $100,000. My income is under $15,000 per year. She has a 30-year pension coming, a 401(k), savings, and her checking account.'.....»»

Category: topSource: marketwatchMay 4th, 2021

The Moneyist: I’m a disabled police officer. My wife persuaded me to sign quit-claim deed so she could refinance our home at a better rate. Now she’s hinting at divorce

‘My wife’s income is over $100,000. My income is under $15,000 per year. She has a 30-year pension coming, a 401(k), savings, and her checking account.'.....»»

Category: topSource: marketwatchMay 4th, 2021

Dow ends more than 200 points higher as stocks bounce back from tax-inspired dip

Stocks finished with gains, but off session highs and with weekly losses for major benchmarks, bouncing a day after reports that President Joe Biden plans to nearly double the capital-gains tax rate for Americans earning mo.....»»

Category: topSource: marketwatchApr 23rd, 2021

One house in the Hamptons reportedly rented for $2 million for the summer, as a home shortage pushes vacation rental prices higher

Summer home rentals are going fast this year, as the vaccination rate picks up and more people look to travel. Bespoke Real Estate One house in the Hampt.....»»

Category: smallbizSource: nytApr 23rd, 2021

The rate of new COVID-19 cases in India is higher than all of North America, Johns Hopkins data shows

India reported over 330,000 new cases in a 24-hour span on Friday compared to approximately 82,000 per day in a.....»»

Category: dealsSource: nytApr 23rd, 2021

Dow ends more than 300 points lower, sunk by talk of higher capital gains tax rate for wealthy investors

Stocks ended lower Thursday, falling in afternoon action after Bloomberg News reportedthat Presi.....»»

Category: topSource: marketwatchApr 22nd, 2021

Market Extra: 10-year Treasury yield lingers below 1.60% to begin week

U.S. Treasury yields tick higher in early Monday trade as investors gauge the sustainability of last week's bond market rally that took the 10-year Treasury rate below 1.60%......»»

Category: topSource: marketwatchApr 19th, 2021

Student-loan borrowers are battling for relief even after Biden"s administration canceled $2.3 billion: "We were taken advantage of"

One borrower said Trump's Education Department forgave his federal loans, but at a 0% rate. He's waiting to hear from the Biden a.....»»

Category: worldSource: nytApr 17th, 2021

You are more likely to get a blood clot on birth-control pills than from the J&J vaccine - but not the same type of clot

The rate of blood clots is higher among women on birth-control pills than the rate ass.....»»

Category: smallbizSource: nytApr 13th, 2021

Dow futures rise over 150 points in abbreviated Good Friday session as U.S. adds 916,000 in March and unemployment rate falls to 6%

U.S. stock-index futures traded higher Friday morning after a blockbuster March jobs report, though cash trading in equities - and most other markets - are closed du.....»»

Category: topSource: marketwatchApr 2nd, 2021

Mortgage rates continue their climb with seventh consecutive increase

The 30-year fixed-rate average, which inched up to 3.18 percent this week, is more than a half-percentage point higher than it was at the start of the year......»»

Category: topSource: washpostApr 1st, 2021

LNG investment, higher returns built into Piedmont Natural Gas" proposed 10.4% rate hike

The increase would raise $109 million in new annual revenue for the company......»»

Category: topSource: bizjournalsMar 23rd, 2021