DUK Benefits From Confident Consumers and Low Interest Rates
InvestorPlace - Stock Market News, Stock Advice & Trading Tips We have been managing a po.....»»
Record low interest rates and bond yield rates could benefit consumers
Coronavirus prompted the Federal Reserve to lower interest rates and bond yield rates to a record low. This has created benefits.....»»
People are raiding their savings and racking up debt, paving the way for economic pain, expert warns
Soaring prices and borrowing costs mean people are spending nearly every dollar they have just to stay afloat, top economist Stephanie Pomboy said. Some consumers are running out of cash as they battle rising prices and higher interest rates......»»
30-year mortgage rates hit highest since July, refis cool
A rise in interest rates has put a dent in consumers' desire for mortgage applications, but interest in home purchasing remains high as the spring selling season approaches......»»
Dow closes at record high after Powell backs continued low interest rates
"Fully realizing the benefits of a strong labor market will take continued support from both near-term policy and longer-run investments," Powell said. .....»»
Capitol Report: COVID-19 and the economy: Fed cuts interest rates to combat damage from virus
How bad is this coronavirus outbreak hurting the global economy? How bad is it hurting American businesses, consumers and the U.S. economy? Here’s an ongoing MarketWatch update on what the economic VIPs are saying......»»
Rents lift U.S. core inflation; weekly jobless claims rise slightly
U.S. underlying consumer prices picked up in January, while the number of Americans filing claims for unemployment benefits rose slightly last week, suggesting the economy was stable enough for the Federal Reserve to keep interest rates on hold this year......»»
US Consumer Sentiment Hits 9-Month High
The University of Michigan Consumer Sentiment Index posted a nine-month high in January as wage growth, low unemployment, and low interest rates continue to buoy consumers' spirits......»»
Why No Major Interest Rate Changes Should Be Expected in 2020
24/7 Wall St. wanted to take a look at where interest rates are heading in 2020, which pertains to credit market metrics for consumers and businesses alike......»»
2019 Will Be The Most Expensive Season For Christmas Trees In History
2019 Will Be The Most Expensive Season For Christmas Trees In History 'Tis the season for consumers, most of whom are credit card dependent paying interest rates at the highest in two decades, to become abs.....»»
Outside the Box: Americans keep gorging on debt, thanks to the Federal Reserve
Even only a slight increase in interest rates creates millions more in interest payments for consumers......»»
Economic Report: Consumers lift spending in September and take advantage of rising incomes and falling rates
Americans increased spending in September for the seventh month in a row but did so at a more moderate pace, taking advantage of falling interest rates, rising incomes and low inflation......»»
Here"s what the Fed"s interest rate cut really means to you
For everyday Americans, the Fed's decision to cut rates again could mean cheaper loans, but consumers will earn less interest on their savings......»»
Five ways the Fed"s rate cut could affect consumers
The Federal Reserve's decision to cut interest rates on Wednesday for the second time this year could have wide-ranging implications for consumers' wallets......»»
Homebuilder Sentiment Defies Endless Recession Calls by the Media
Experts had expected home builder sentiment to drop rather than rise in September. It is easy to assume that low interest rates are helping builders be more confident, but some concerns were noted......»»
Nation's largest bank contemplates new fees for consumers if rates hit zero
JPMorgan Chase CEO Jamie Dimon said the bank has discussed the idea of new fees if interest rates go to zero, according to.....»»
Outside the Box: Low interest rates are compounding the big problems facing pension funds
With more than $1 trillion in unfunded liabilities, pensions face tough conversations around increasing contributions or changing benefits......»»
What Fed rate cut? Credit card interest rates hit a 25-year high
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.....»»
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......»»
What a Fed rate cut means for your wallet
The U.S. Federal Reserve's decision on Wednesday to lower interest rates may do little to cut some of the costs that matter to many consumers......»»
Pending home sales break a 17-month losing streak
The recent weakness in the housing market could be turning around, thanks to a steep drop in mortgage interest rates. Consumers signed more contracts to buy existing homes than expected in June......»»