Federal Reserve Cuts Interest Rates For First Time Since 2008What it means for borrowers is that those with credit cards tied to prime interest rates may see a small drop in their interest charges
Strong Jobs Report Raises Prospect Of Further Fed Rate HikesThe feds say the U.S. economy added 201,000 jobs in August, pegging unemployment rate at 3.9 percent, near an 18-year-low.
Trump Admin Promises To Retain Federal Reserve's IndependencePresident Donald Trump's top economic policymakers insisted Sunday that the robust growth marked in the April-June quarter will maintain its pace.
New York Reps: Congress Must Stop Student Loan Interest From DoublingThree New York members of Congress on Saturday urged their fellow lawmakers to act before student loan interest rates double.
City Councilman Wants Better Terms For Disaster Loans For Small BusinessesWith many small businesses seeking federal loans to recover from the damage wrought by Superstorm Sandy, New York City Council Member Domenic Recchia Jr. (D-47th) wants the federal government to give those businesses more time and lower interest rates.
Senator Schumer Calls On Congress To Block Student Loan Interest Rate IncreaseSen Charles Schumer took to the steps of the New York Public Library on Sunday, to ask Congress to approve a deal that would block a student loan increase.
Amid Rising Market Uncertainty, Gas Prices And Interest Rates Expected To DropDespite the recent ups and downs of the stock market that, economists say, could continue through the fall, there are some good news for consumers.
Oil Analyst Peter Beutel Says Higher Interest Rates Could Mean Lower Gas PricesOil company earnings won't drive down prices at the gas pump, but one oil analyst has an idea about what might.
Weiner Warns Of High Rates On Store Credit CardsA study released by Rep. Anthony Weiner that examined credit cards at major NYC stores revealed that the average interest rate of a retail store credit card was 24 percent.
NY Lawmakers Introduce Protections For Credit Card Users Congressman John Hall (D-Dover Plains) and Congresswoman Nita Lowey (D-Greenburgh) announced sweeping changes to credit card issuers Monday.