Interest can be charged when you borrow money or earned when you save. When you charge something on a credit card or take out ...

It may not have been a surprise, but the interest rate cut the Federal Reserve issued on Wednesday was still a welcome development for millions of Americans. In the first reduction since December 2024 ...

The Federal Reserve's recent 0.25% interest rate cut may make it cheaper for consumers to take out large loans. A lower interest rate can reduce the total amount paid on a car loan over its term, ...

Federal Reserve officials capped their first monetary policy meeting of 2024 by leaving the central bank's benchmark interest rate unchanged, a decision that was widely expected on Wall Street. But ...

If you've been looking at interest-bearing accounts like high-yield savings accounts or certificates of deposit (CDs), you may see the terms "interest rate" and "annual percentage yield" (APY) being ...

Forbes contributors publish independent expert analyses and insights. Catherine Brock covers personal finance and investing. Between March 2020 and July 2023, the Federal Reserve Bank (Fed) raised the ...