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7 mins read

Welcome to credit card points mania

Gen Zers explain the credit cards they're using to get the best rewards and live a life of more lux…

Juliana Kaplan   


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2 mins read

RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil

The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…

ANI   


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4 mins read

With stock markets crashing worldwide, are fears of a recession loading in the US pre-mature?

Even Goldman Sachs economists have upped the probability of recession hitting the US by 2025 to 25%…

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10 mins read

Credit card rewards are turning us into jerks

The battle to rack up credit-card rewards is turning friends against each other.

Emily Stewart   


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4 mins read

Welcome to interest-rate cut week: Here's how the Fed's next move will impact everything from home prices to new cars loans

The Federal Reserve is expected to finally announce interest-rate cuts this week. Here's everything…

Madison Hoff,Ayelet Sheffey   


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2 mins read

Interest rates remain steady once again — but it's likely the Fed will cut rates in September

The Federal Reserve held interest rates steady in its July meeting as pressure mounts on the centra…

Ayelet Sheffey   


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3 mins read

Wall Street knows interest rate cuts are coming. What matters is how big they'll be.

Federal Reserve Chair Jerome Powell will deliver his biggest speech of the year at Jackson Hole. Wa…

Ayelet Sheffey   


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2 mins read

Credit and profitability of banks to moderate in FY25, says ICRA

The Indian banking sector’s rating has been revised to stable from positive by rating agency ICRA o…

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2 mins read

Jamie Dimon thinks the Fed should wait longer to cut interest rates

"It would be good if the Fed waited now. I think there are a lot of reasons why inflation could ris…

Filip De Mott   


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2 mins read

Here’s how one can use the avalanche method to pay off lingering debts

One of the best debt payment strategies is known as the avalanche method. The process is simple. Yo…

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3 mins read

Trump doesn't think interest rate cuts should happen before the election

Former President Donald Trump said Fed members "know" they shouldn't cut rates soon, but many econo…

John Towfighi,Madison Hoff,Ayelet Sheffey   


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4 mins read

Lower interest rates could be coming soon. Here's what's at stake if they aren't.

Interest rate cuts could finally come this year. Economists explained the benefits of rate cuts and…

Madison Hoff,Ayelet Sheffey   


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3 mins read

Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report

As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…

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3 mins read

Interest rate cuts probably aren't here just yet, but they could finally reach Americans in under 2 months

The Federal Reserve isn't expected to cut interest rates in July, but relief could come in Septembe…

Ayelet Sheffey,Madison Hoff   


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10 mins read

The best way to fix your credit score? Ignore it.

Credit scores and reports can be daunting to think about for consumers. For companies from Experian…

Emily Stewart   


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3 mins read

I'm 30 and already have $50,000 in credit card debt. Declaring bankruptcy is my only way out.

The writer struggled financially in NYC, so she racked up $50,000 in credit card debt. Declaring ba…

Nicole Kempster   


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1 min read

Americans are paying nearly as much interest on credit cards and other debt as they are on their mortgages

While homeowners could lock in a 3% mortgage for 30 years not long ago, other kinds of consumer deb…

Yuheng Zhan   


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2 mins read

Europe's central bank cuts interest rates for first time in 5 years

The European Central Bank announced it would lower its benchmark interest rate from 4% to 3.75%, ma…

Theron Mohamed   


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4 mins read

Wells Fargo may have underestimated just how savvy millennial credit card holders can be

Thanks to savvy millennials, Wells Fargo's partnership with Bilt Rewards — a renter-friendly credit…

Lloyd Lee   


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2 mins read

Mortgage rates are falling, but there are 3 reasons buyers are still on the sidelines

Buyers are waiting to see how new rules on agent fees play out, and if mortgage rates and home pric…

Kelly Cloonan