News

Bessent: Trump Using "Bobby Knight... Working The Refs" Strategy On Fed/Interest Rates
Treasury Secretary Scott Bessent used a basketball metaphor to explian President Trump's unsually direct confrontation with ...
Where Interest Rates Are Headed In The Second Half Of 2025
Key Takeaways The Federal Reserve has held its key interest rate steady this year due to uncertainty about the economic ...
Exclusive: Russia's VTB to gain billions of roubles if interest rates come down, CFO says
Every 1% cut in central bank interest rates gives Russia's VTB Bank an extra 20 billion roubles ($250 million) in net profit, ...
Chances of Fed Interest Rate Cut Plunge After Strong Jobs Report
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
Bessent teases new Aug. 1 deadline for tariffs, says Fed chair can’t cut rates like Trump wants
Treasury Secretary Scott Bessent revealed that the Trump administration is now eyeing Aug. 1 as the date to slap the ...
Trump says Powell costs US $900B a year in interest by not cutting rates. Is he right?
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
The pros and cons of rewards cards with high interest rates
If more than two years have passed, you still may get more tax relief than you think. In most states, when a spouse dies, one ...
Tariffs Are Keeping Interest Rates High
Interest rates may have fallen this year, if not for the uncertainty and higher costs created by President Donald Trump's ...
3 Money Moves You Need To Make Before Interest Rates Change Again
You can't control the Fed's actions or your bank's and brokerage's response. However, you can make the following financial ...
CNBC Daily Open: Tariffs led us down a different timeline for interest rates
It might help to think that if U.S. President Donald Trump hadn’t introduced tariffs, his other policies could have also ...