There is a lot in the news right now about high interest rates and unaffordability. But the rates aren’t the main problem.
Social Security’s 2.8% COLA for 2026 may not keep pace with inflation if tariffs drive costs higher. COLAs are based on worker spending patterns rather than retiree spending, leading to insufficient ...
America faces a mounting fiscal crisis with debt at 120% of GDP as interest expenses now exceed defense spending, creating ...
Trump called for a one-year cap on credit card interest rates at 10%. For years, limited regulation has allowed companies to charge high rates, and consumers have fallen further into debt. Some ...
If you've been a prospective homebuyer in recent years, you might be forgiven for thinking that there were no "good" mortgage interest rates available. That's because there often weren't. At one point ...
Just under 90%. That's the likelihood the Federal Reserve will cut interest rates when it wraps its final 2025 meeting on December 10. Now at a range between 3.75% to 4.00%, the central bank is widely ...
The SARB's plan to eliminate the prime interest rate in South Africa could have the opposite effect of what it intends.