The Federal Reserve is widely expected leave its benchmark interest rate steady this week, but economists and market ...

The Fed is expected to hold off on another rate cut at its Jan. 29 meeting. Here's what it means for your finances.

Learn how Fed meetings affect mortgage rates and what it means for borrowers. Discover trends, impacts, and expert ...

As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.

Martin Luther King, Jr. is a federal holiday marked every year on the third Monday in January. The holiday will fall on Jan.

The nation will honor Dr. Martin Luther King, Jr. on Monday as part of a National Day of Service to pay tribute to his legacy ...

Monday is Martin Luther King Day. Here's what to know about the businesses and services that are closed for the holiday in ...

Commissions do not affect our editors' opinions or evaluations. The Federal Reserve concluded 2024 with a quarter-point interest rate cut, bringing the target federal funds rate down to a range of ...

The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...

Fixed income markets anticipate that the Federal Reserve will cut interest rates in 2025, but not by much. Short-term interest rates are expected to end 2025 close to 4%. That’s down from the ...

Although it may sound alarming at first glance, there’s no need to worry. Bank of America and Citi aren’t shutting down overnight—at least not permanently. This January, the most prominent banks in ...