Federal Reserve expected to stand pat on rates even as Trump demands cuts
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few ...
DOGE may target the penny: Why do we still have it anyway?
(NEXSTAR) — From daylight saving time to diversity, equity, and inclusion programs, there are various aspects of the federal government that the Department of Government Efficiency (DOGE) and its head ...
The economy's strong. Why are more Americans barely making credit card payments?
Despite a strong economy, the share of Americans making only the minimum credit card payment hit a 12-year high and ...
Jim Cramer's week ahead: Fed meeting and Big Tech earnings
CNBC’s Jim Cramer highlighted what he’s paying attention to next week as Wall Street launches into earnings season.
Who are the Philly region’s federal workers? A look at the employees impacted by Trump’s recent executive orders.
For tens of thousands of federal workers in the Philadelphia region, President Donald Trump’s executive orders this week ...
Who Is Jerome Powell?
Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, ...
The Federal Reserve is likely to hold interest rates steady next week. Here's what that means for your money
The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.
This Week In Credit Card News: Cardholders Stressed With Rising Balances And Delinquencies
A Record Number of Consumers Are Making Minimum Credit Card Payments As Delinquencies Also Rise ...
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 ...
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Philly Business Leaders Rely on AI, Tourism, and Life Sciences to Drive Growth Under Trump
Learn how Philly businesses prepare for changes under Trump, focusing on AI, tourism, and life sciences to fuel growth.
Record number of consumers are making minimum credit cards payments as delinquencies rise
Consumer stress has intensified, with an escalating share of credit card holders making only minimum payments on their bills, ...
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Rising Credit Card Strain: Delinquencies and Minimum Payments Hit New Highs in 2024
In the third quarter of 2024, a series of concerning trends in U.S. consumer credit card usage have emerged, according to a recent report from the Philadelphia Federal Reserve. As rising interest ...