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Juneteenth 2025 events near me: Is Juneteenth a Federal holiday in the U.S? What day is Juneteenth?Juneteenth, commemorating the end of slavery in the U.S., will be observed as a federal holiday on Thursday, June 19, 2025. This holiday ma...- Credit card debt crosses $1 Trillion, US economy under pressure as cost-of-living soarsFederal Reserve raised interest rates to keep inflation under pressure, but the increased interest rate on credit card debt made life miser...
- Visa profit beats as payment volumes surge on travel demand"The substantial growth in processed transactions is a good indication that inflation isn't the primary driver of increased spending," said...
- US social security recipients to get 8.7% raise, most since 1981Retirees and other beneficiaries will get an 8.7% cost-of-living (COLA) adjustment starting in January, the U.S. Social Security Administra...
- Powell's stark message: Inflation fight may cause recessionFed officials now foresee the economy expanding just 0.2 per cent this year, sharply lower than their forecast of 1.7 per cent growth just ...
- How much 'pain'? Fed to signal more rate hikes aheadIn a further sign of the Fed's deepening concern about inflation, it will also likely signal that it plans to raise rates much higher by ye...
- US retail sales surged 3.8% in January as threat of omicron fadedRetail sales surged a seasonally adjusted 3.8% last month, whizzing past the projections of most economists. That compared to the prior mon...
- People fear they’ve got too much cash in their bank accountsThe comfortable, if small, returns of high-yield savings accounts are looking less palatable as volatile assets take off.
- Millennials are making a costly investment mistakeThe millennials have the lowest propensity to be earning interest on their savings.
- Love it or hate it, Libor's rise matters for trillions of debtLibor represents a key benchmark proxy for short-term rates still to this day.
- Savers pay US banks to keep cash as rates dipAverage interest on savings, checking, money-market and certificate of deposit accounts fell to 0.99% in July, the first decline below 1% i...
- Mortgage rates sink to lowest level on recordMortgage rates fell this week to the lowest level on record, giving consumers added incentive to lock in low payments for home purchases an...
- Fed slows $1.45 trillion program to aid housing marketWith the economy on the mend, the Federal Reserve on Wednesday said it is slowing the pace of a program to lower mortgage rates and prop up...
- Borrowers rushing to refinance loans as rates dropHomeowners around the United States are scrambling to refinance their mortgages at the lowest rates since the early 1960s as the economy st...
- Fed cuts rate by 50 bps to 1.0%The cut marked the second half-point reduction in the funds rate this month. Stocks 52 Wk: Low | Only: Buyers, Sellers I NSE losers I Day's...
- US: Inflation & slowdown in growth raise stagflation fearsIt is a toxic economic mix America has not seen in three decades: Prices are speeding upward at the fastest pace in a quarter century, even...
- Consumer confidence sinks even lower, hurt by deteriorating jobs market, recession worriesAmericans' confidence in the U.S. economy sank even lower amid heightened fears about shrinking job opportunities and the possibility the c...
- US consumers worry about debt, pull back on spendingJOI Freemont, a dentist in suburban Atlanta, doesn’t have to look further than her appointment book to tell that people are worried about m...
- Fed signals no rush to lower rates againThe Federal Open Market Committee (FOMC) avoided foreshadowing its next move after lowering the benchmark rate on September 18.
- Rate cut: Good feelings may recede as fast as they rolled inHomeowners opening up statements for their adjustable-rate mortgages come October will experience a jolt when the rates jump.
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