Education Oct 07 Student loan borrowers have more time to reduce interest rates. Here's what to know By Adriana Morga, Associated Press
Economy Sep 16 Watch 6:54 Interest rate hike a 'reassuring' sign Fed is acting independently, economist says The Federal Reserve raised interest rates by a quarter of a point, the first hike in three years. It comes as the war in Iran continues to put pressure on prices and is the first major move by Fed Chair… By Geoff Bennett, Courtney Norris
Economy Sep 16 U.S. stocks slip after the Fed raises interest rates, hints more hikes may be on the way U.S. stocks slipped Wednesday after the Federal Reserve hiked its main interest rate for the first time in three years and suggested more may be ahead as it tries to get the nation’s high inflation under control. By Stan Choe, Associated Press
Economy Sep 16 What the Fed rate hike likely means for you Bad news for borrowers, good news for savers. By Paul Wiseman, Associated Press
Economy Sep 16 Retail sales rise better-than-expected 1.2% in August The strong spending report comes as the Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high inflation. By Anne D'Innocenzio, Associated Press
Sep 15 WATCH: Warsh says 'inflation is too high' after Fed raises interest rate 1st time in 3 years By Christopher Rugaber, Associated Press The quarter-point increase lifts the Fed’s key rate to about 3.9% and, over time, could result in higher borrowing costs for mortgages, auto loans, and credit cards. Continue reading
Sep 04 Watch 5:19 Why the U.S. job market remains resilient in face of global pressures and inflation By Geoff Bennett, Azhar Merchant The job market delivered a surprising rebound in August, adding 162,000 jobs, far more than economists had expected. The unemployment rate held steady at 4.1%, and the Labor Department revised July numbers upward. The stronger-than-expected report comes as the Federal… Continue watching
Sep 03 Fed governor Waller muddies outlook on possible rate hike later this month By Christopher Rugaber, Associated Press Federal Reserve governor Christopher Waller said Thursday that an inflation report next week will largely determine whether he supports an interest rate hike later this month or not. Continue reading
Sep 02 Why bond yields are rising and why everyone should care By Christopher Rugaber, Stan Choe, Associated Press Rising bond yields are one of the few forces in the world strong enough to get politicians to snap to attention. They can also have a big impact on Americans' personal finances and on the broader economy. Continue reading
Aug 29 Warsh raises stakes for Fed's next meeting, and other takeaways from Jackson Hole conference By Christopher Rugaber, Associated Press Warsh's high-profile speech at the Fed's annual Jackson Hole economic conference was mostly praised afterward by economists and other Fed policymakers in attendance. Still, there was also some pushback and criticism during the first day of the conference. Continue reading