Tag: Interest Rates
Americans Turn to BNPL Loans for Groceries Amid Economic Strain
The Rise of Buy Now, Pay Later Loans for Groceries A growing number of Americans are increasingly turning to Buy Now, Pay Later (BNPL) loans [more…]
Trump Walks Back Threats to Fire Fed Chair Powell
U.S. President Donald Trump backtracked on his earlier threats to fire Federal Reserve Chair Jerome Powell, signaling a de-escalation after several days of harsh criticism [more…]
Dollar Decline Poses Challenges and Opportunities for Banks
The U.S. dollar has been on a downward trajectory, sending ripples across global currency markets and creating a blend of relief and concern for central [more…]
Stock Market Volatility Persists Amid Trump’s Tariff Uncertainty
The S&P 500 swung between gains and losses on Wednesday as investors grappled with ongoing uncertainties surrounding President Donald Trump’s tariffs and their impact on [more…]
German Economy Contracts Again Amid Export Decline
The German economy contracted by 0.2% in the final quarter of 2024 compared to the previous quarter, according to official data released by the statistics [more…]
Investors Bullish on Stocks, Bearish on Other Assets
Investors remain highly optimistic about global stocks while showing skepticism toward other asset classes, as cash levels drop to their lowest point since 2010, according [more…]
Stocks End Week Flat as Investors Eye Inflation and Tariffs
U.S. stocks closed the first week of February with little change, as investors processed Big Tech earnings, a hotter-than-expected jobs report, and ongoing uncertainty surrounding [more…]
Davos 2025: CEOs, AI, Tariffs, and Trump’s Influence
What Happened The World Economic Forum (WEF) 2025 in Davos is set to be one of the most eventful in years, as President-elect Donald Trump [more…]
Retailers Raise Store Card APRs to Record Highs Ahead of Fed Rate Cuts
Dozens of major U.S. retailers increased the interest rates on their store-branded credit cards to record levels in the year before the Federal Reserve began [more…]
10-Year Treasury Yield Climbs – Fed Cautions Against Rushed Rate Cuts
The 10-year Treasury yield saw a slight uptick on Friday, closing a week marked by significant inflation data and Federal Reserve Chair Jerome Powell’s remarks [more…]
