The Federal Reserve has lowered the for the first time this year, dropping the benchmark indicator 25 basis points to a range of 4.00% to 4.25%. Following three reductions late in 2024, rates remained ...

A cut in federal interest rates won’t necessarily mean better mortgage rates or lower prices for Utahns looking to buy a home, industry experts say. The Federal Reserve cut its benchmark interest rate ...

The national debt has grown to more than $37 trillion. There is mounting concern in some quarters over how soon the ballooning debt will impact the lives of everyday Americans. As Paul Solman explains ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

You may have seen the recent news about about interest rate cuts, and if you’re taking Social Security, you might be wondering if this will affect your benefits. If you are receiving Social Security, ...

After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that ...

If you were hoping the Federal Reserve's recent rate cut, its first of 2025, was going to make your credit card debt easier to pay off, the reality is that there are many other, more important, ...

At a press conference on Wednesday, Fed chair Jerome Powell called this week's rate cuts "risk management." Photo: Chip Somodevilla/Getty Images ...

WASHINGTON (AP) — With the Federal Reserve widely expected Wednesday to reduce its key interest rate by a quarter-point to about 4.1%, economists and Wall Street investors will be looking for signals ...

A student credit card, when used responsibly, can help you establish a credit history, build your credit score and develop healthy spending habits. Use a student credit card for affordable, ...

What the Fed rate cut means for your home, car and credit card loans The Federal Reserve policy changes are one piece of the puzzle in how banks determine loan rates and could contribute to a trend of ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard The Federal Reserve lowered its key interest rate by ...