Borrowing from your 401(k) might sound appealing when you need quick cash. After all, the typical 401(k) loan interest rate is low — usually the prime rate plus 1%, and you’re essentially paying ...
The Federal Reserve on Oct. 29 announced a quarter percentage point rate cut, marking its second consecutive rate reduction. The move brings the Fed’s benchmark interest rate down to a range of 3.75% ...
The US President Donald Trump said he wants credit card interest rates capped at 10% for one year, according to a Jan. 9 Truth Social post. Trump said credit card companies must follow this 10% cap by ...