Revenue1 decreased 3% from prior year to $2.9 billion for the quarter and decreased 2% to $9.7 billion for the year due to ...
Americans collectively owe $1.233 trillion in credit card debt, with nearly half of all cardholders carrying balances month ...
Every Christmas Day, after the kids are tucked into bed and my wife has drifted off on the couch, I turn off whatever holiday movie we’ve settled on and fire up Netflix to watch “The Constant.” The ...
The Federal Reserve on Wednesday issued the third consecutive quarter-point interest rate cut this year — likely impacting everything from credit card rates and mortgages to online savings accounts.
The FOMC cut the federal funds rate by a quarter-point, but that's unlikely to cause 30-year mortgage rates to fall by the same amount. The December rate cut might be advantageous for builders and ...
The Federal Reserve still sees just one rate cut in 2026, unchanged from its last forecast about three months ago. The central bank's so-called dot plot, which anonymously shows 19 individual members' ...
Most homebuyers and homeowners hoping to refinance are well aware that mortgage interest rates are far from the lows that were readily available in 2020 and 2021. What some buyers and owners may not ...
When Kendrick Constant glanced at his phone one afternoon in 2018, he noticed dozens of text messages rolling in from a cluster of retired fifty-something investment bankers trading jokes and ...
With mortgage rates elevated, more borrowers are turning to adjustable-rate loans for relief. Adjustable-rate mortgages, or ARMs, made up about 10 percent of all mortgage applications in September — ...
Although attention-seeking behaviors often stem from internal discomfort and personal insecurities, a 2025 study argues that they can have “ripple effects” on the social dynamics of a group setting, ...
The neutral rate—the interest rate at which monetary policy is neither accommodative nor restrictive—is a theoretical concept that cannot be directly observed, only estimated. The neutral rate is an ...
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