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Credit card delinquencies are rising. Here's what to do if you're at risk
McComb Enterprise-Journal· 5 hours agoNEW YORK (AP) — Seriously overdue credit card debt is at the highest level in more than a decade, and people 35 and under are struggling more than other age groups to pay their bills. The share ...
Fed Dot Plot Is Set to Offer Glimpse of Rate-Cut Resolve
Bloomberg· 3 hours agoInvestors may glean more on the Federal Reserve’s resolve to ease monetary policy when US...
Credit Card Delinquencies Are Rising. Here's What to Do if You're at Risk
US News & World Report· 9 hours agoThe share of credit card debt that’s severely delinquent, defined as being more than 90 days overdue, rose to 10.7% during the first quarter of 2024, according to the Federal ...
Expert Says Federal Reserve Needs More Data Before Slashing Rate: 'As Badly As They Want To Cut,...
Benzinga· 2 days agoWhat Happened: On Thursday, during CNBC’s “Last Call,” Kilburg highlighted that with core inflation...
Current credit card interest rates [2024]: How do your cards stack up?
Yahoo Personal Finance· 2 days agoThe average credit card interest rate is 22.63%, according to Federal Reserve data from the first...
Mortgage rates at 3% were an 'anomaly.' Here's what a normal 30-year rate looks like.
Morningstar· 7 hours agoHome buyers are frustrated by 7% mortgage rates. Since the Federal Reserve started hiking interest rates in mid-2022, mortgage rates have doubled, surpassing 7%. Higher mortgage ...
Fed hawks and doves: what they are saying on monetary policy By Reuters
Investing.com· 1 day agoThe topsy-turvy economic environment of the COVID-19 pandemic sidelined those differences, turning...
California job openings tumble 42% in 2 years
Orange County Register· 9 hours agoThe why: The Fed began its battle against four-decades-high inflation two years ago in March, using costlier financing to cool an overheated economy. California had the nation ...
US jobs shock leaves traders reeling as hopes of interest rate cut sink
The Telegraph via Yahoo Finance· 1 day agoThe unemployment rate rose to 4pc versus a forecast of 3.9pc. In premarket trading, the Dow...
Why the Dow brushed off surging Treasury yields after a hot May jobs report
Morningstar· 7 hours agoA hot jobs report Friday sent shivers through the bond market, prompted yet another repricing of rate-cut expectations and may have ruined Federal Reserve Chair Jerome Powell's ...