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Negative rates are about to smash Swedish bank profits
According to Sweden's banking regulator Finansinspectionen, in recent years banks have been able to…
Tomas Hirst,Tomas Hirst
Can a Home Loan Balance Transfer Benefit You?
Home loan balance transfer is an option that allows you to benefit from a downward movement in lend…
IT'S OFFICIAL: There is no zero lower bound
The conclusion does not stem from the current level of BoJ rates itself; we are only at -10bps. Ins…
Myles Udland
US stocks set to slide as charges against Huawei ignite fears that China trade talks will fail
"The timing of the move is important," said Jasper Lawler, Head of Research at London Capital Group…
Trista Kelley
In The Future, You May Have To Pay The Bank To Hold Your Money
That uncertainty is a major concern of the Fed and one of the reasons it has not cut rates below ze…
Danny Vinik
A huge new discovery in economics: The zero bound *is* absolute, after all
Economists used to talk about the "zero bound" as if it were a theoretical scenario that would neve…
Jim Edwards
Lloyds Bank is setting aside an extra £1 billion for PPI claims
The group said "marginally lower income and increases in the impairment charge and operating lease …
Ben Moshinsky
How the Federal Reserve uses expansionary monetary policy to stimulate growth during an economic downturn
To fight an economic slowdown, a central bank will stimulate growth through an expansionary monetar…
Ali Hussain
Elizabeth Banks reacts to AMC Theatres charging extra for better seating: 'I don't really get it'
Elizabeth Banks, who is coming out with "Cocaine Bear," told Insider she wants to make sure that th…
Jason Guerrasio
Banks earn billions of dollars charging overdrafts fees, and the burden falls on those least able to afford it
Most banking fees fall to those who have the least ability to pay them, and it represents a signifi…
Carter Johnson,Shannen Balogh
Citigroup just became the biggest US bank so far to get rid of overdraft fees, which consumer advocates say disproportionately hurt low-income customers
Many other banks are also re-evaluating their overdraft and non-sufficient fund fees, which generat…
Sarah Jackson
Online-only banking is the future of managing money - here's how to get started
Subscribe to our newsletter. Find all the best offers at our Coupons page. Disclosure: This p…
Eric Rosenberg
The federal funds rate is the benchmark interest rate that affects borrowing costs across the US economy
The federal funds rate is the interest banks charge each other for overnight loans. Set by the Fede…
Karen Fernandez
Barclays swings to profit with 3rd-quarter earnings, beating expectations as UK consumer business picks up
Britain's second-biggest lender saw its consumer business improve, despite the impact of the COVID-…
Amanda Cooper
Now this is helpful: The iPhone 15's new charger can do a 'handshake' with other iPhone 15s and help charge whichever smartphone is low on battery
YouTuber Marques Brownlee says the new USB-C port on the iPhone 15 lets it transfer battery power t…
Lakshmi Varanasi
The Fed is set to raise interest rates again - here's how it happens
From Washington, the Fed adjusts interest rates to spur all sorts of other changes in the economy. …
Akin Oyedele
What is the federal funds rate?
The federal funds rate is the interest banks charge each other for overnight loans. Set by the Fede…
Karen Fernandez
The most creative thing central banks have done since the financial crisis has had 'unspectacular' results
The Riksbank, ECB and DNB have all signaled the possibility that rates could fall further, with the…