There has been a lot of talk about a rebound in the equity and real estate markets helped along by the Fed's free money. That much is for sure the truth; but the evidence of a viable and sustainable recovery built on free-market forces just isn't there.
You may feel like you can now breathe a big sigh of relief and settle right into marital bliss but there is still one outstanding task that remains to be tackled -- the marrying of your financial accounts.
WASHINGTON -- The Federal Reserve's record-low interest rates have shrunk income for savers but cut costs for borrowers. Chairman Ben Bernanke is amon...
The current global interest rate convergence need not be a bad thing. But it will be if it is not quickly accompanied by major policy actions that address the causes of today's global economic malaise.
WASHINGTON -- In an unusual move, Republican leaders of the House and Senate are urging Federal Reserve policymakers against taking further steps to l...
There has been much hand-wringing in the business press lately about the recent rise in interest rates. The fear is often expressed that this will cho...
What will the Federal Reserve's massive $900 billion plan actually accomplish? As HuffPost's Shahien Nasiripour pointed out yesterday, the Fed's new a...
A rush by U.S. homeowners to refinance at near record-low interest rates marks a rare bright spot for the mortgage industry, under attack for choking ...
Many credit cards these days are offering exceptionally low APRs and balance transfer promotions that will cut interest bills substantially and allow people some room to breathe.
Last week, the news broke that interest rates hit yet another low: 4.45% on a 30-year-fixed and a stunning 3.87% on a 15-year fixed rate loan. At the ...
With the Fed's key interest rate approaching zero, there's rarely been a better time to borrow. It happens to be a particularly bad time to save, howe...
The phrase "double-dip recession" means little to most of us. To people on Main Street, it hasn't been been a "dip". We took a drop to the bottom two years ago and stayed there.
You no longer have to spend hours sifting through the hundreds of credit card products trying to find your perfect match. Here's a list of the credit cards that are "best in show" in their respective categories.
Even as prospects for the American economy brighten, consumers are about to face a new financial burden: a sustained period of rising interest rates....
It now takes about 10 cents on every tax dollar collected just to pay the interest on the debt. As bad as that is, it's only because interest rates are at record lows that the debt is still manageable.
As financials struggle, the Fed's interest rate cuts have weakened the dollar even more, which greatly benefits exporters and multinationals. For most, the credit meltdown is only starting.