President Trump demanded that interest rates drop 'immediately.' A CD can lock in high rates while they last
Trump said that he would require interest rates to come down. Find out how opening a CD now can help you prepare for falling interest rates.
Stocks climb to a record as the bond market stays calm
U.S. stocks rose to a record Thursday as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year.
U.S. credit card defaults soar; total debt hits 12-year high
Meanwhile, a similar report from personal finance site NerdWallet found that 48% of Americans who have credit card debt say paying for necessities is a reason they carry a balance. While income has ...
Trump says he'll demand lower rates immediately, claims he knows rates better than Fed
President Trump said if oil prices come down he'll demand lower interest rates immediately, adds he knows rates 'much better' than Fed officials ...
Trump delivers an ultimatum: Make products in America, or else!
President Donald Trump, in a conversation with global business leaders Thursday, provided the clearest picture yet about how he plans to deliver on the economic promises he campaigned on: He proposed ...
3 Economic Takeaways From Trump's Speech at the World Economic Forum
President Donald Trump took his America First economic platform to the international community Thursday, promoting tax cuts, oil extraction, and tariffs at the World Economic Forum at Davos.
Will The Federal Reserve’s Soft Landing Become An Emergency Ditch?
Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the economy — consumer spending — isn’t sustainable.
Number of Unemployed Claimants Hits 1.9M, Most Since Nov 2021
The number of Americans collecting unemployment benefits rose to 1.9 million last week, the highest level since November 2021, according to data released by the Labor Department on Thursday. This ...
Trump’s inheriting a solid economy, making it harder to lower borrowing costs or inflation
President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep. Economic growth is solid, driven by ...
Trump says he will 'demand' that interest rates come down, but it won't be that simple
President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep ...