Rising Home Costs Make Homeownership A Hurdle Amid Federal Interest Rate Changes
The initial cost of homeownership is so high that it would take a combination of pay rising by 55%, interest rates falling by 4%, and...
Federal Reserve
Federal Reserve’s Plan to Curb Inflation by Raising Interest Rates Spells Trouble for Black Entrepreneurs
Higher interest rates may lead to more loan denials for minorities and women....
Federal Reserve Chair Says Economy As We Know It Is Over
Federal Reserve Chairman Jerome Powell said the economy as we knew it is a thing of the past as the coronavirus pandemic has changed the...
The Fed’s COVID-19 Policy Actions Are Treating the Symptoms, Not the Problem
The Fed’s recent policy moves in response to COVID-19 failed because they have focused on the symptoms, not the cause, of the crisis...
The Fed Cuts Interest Rates to Nearly 0% to Combat Economic Slowdown Risks From Coronavirus Crisis
The Federal Reserve cut its benchmark interest rate to nearly zero to help prevent an economic slowdown in lieu of the coronavirus....
Five Ways To Leverage The Latest Rate Cuts By The Fed
The Fed has cut interest rates in America three times this year, which could bring lower rates on consumer loans, some mortgages, and student loans...
Tapped to Sit on Fed Board, Herman Cain Straddles Fence Between Business Success and Political Controversy
As a proposed pick by President Trump to sit on the Federal Reserve Board, can Herman Cain finally rise to political prominence? ...
Small Businesses May Want To Pursue Loans Soon – Before Fed Boosts Interest Rates
If you are a small business owner, there are some compelling reasons why you should consider applying for a loan now. Perhaps the biggest factor...
Four Ways to Benefit from the Federal Reserve’s Interest Rate Boost
Interest rates across the country are moving higher once again. The Federal Reserve on Dec. 13 boosted the federal funds rate to a range of...
Americans Carrying Record Amounts of Car Debt
Still, lenders are trying to extend their borrowing pool by attracting people with lower credit scores, rekindling not so distant memories of the easy lending...