The Federal Reserve cut its key rate on Thursday — one of many factors that will decide what kind of economy Americans remember from President Joe Biden’s final days in office and…
Tag: interest
U.S. unemployment rises as the Fed holds tight on key interest rates
The unemployment rate climbed to 4.3% in July, up 0.2% from June, the Friday employment report from the Bureau of Labor Statistics shows, alarming some economists who believe the Federal Reserve has waited too…
Even as interest in women’s college sports rises, report finds big gap in participation
WASHINGTON — A congressional watchdog in a new report called on the U.S. Department of Education’s Office for Civil Rights to improve its enforcement of Title IX compliance in college athletics. The…
‘Valuable and largely overlooked:’ Interest in virtual power plants grows
Just about every week, Shawn Grant, who works for Salt Lake City-based Rocky Mountain Power, gets an inquiry from another utility looking for information about the company’s Wattsmart battery program. “We want…
Michigan Senate approves cap on payday loan interest rates
Legislation to reform the state’s payday loan industry has passed the Michigan Senate. After passing through the Michigan Senate Finance, Insurance and Consumer Protection Committee in February, Senate Bill 632, sponsored by…
Know what an APR margin is? If you have credit card, it’s likely driving up your interest rate
You’ve probably heard of junk fees, as well as credit card late fees – the onerous banking fees you may incur as a credit card consumer. But there’s a lesser-known factor that…
Fed keeps interest rates same, as expected, with changes likely months away
The Fed held key interest rates steady again Wednesday, as expected, and signaled that a decision that could affect everything from credit card rates to the housing market to new business creation…