The best CD yield from a national bank is United Fidelity Bank with a 4.25% APY on a 18-month CD with a $1,000 minimum to ...
Repo has tightened, the effective funds rate has risen, and the Fed has reacted with a promise to buy T-bills. So far, heavier bills issuance has crowded out Repo longs. Ahead, expect a bigger shift ...
Fifteen-year mortgage rates hit a one-month high today. Today, the mortgage interest rate on a 30-year fixed mortgage is 6.32 ...
Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the ...
Despite court orders for the federal government to resume sending federal funds to the states for food assistance programs ...
Traders are increasingly turning to US interest-rate futures where they are wagering on changes between repo rates and the federal funds rate as money-market stress persists.
Treasury Secretary Scott Bessent said the U.S. housing market is in a recession due to high interest rates, and repeated his ...
With the three-quarter-point rate increase approved on Nov. 2, the Fed raised rates 375 basis points in about 34 weeks. That ...
Congress has long recognized that stablecoins should not function as unregulated bank deposits. The intent of the recently ...
President Donald Trump said Tuesday that federal food benefits won't go out until the government reopens, a statement at odds ...
The Fed’s decision was aimed at jump-starting a slowing economy clouded by stubborn sticky inflation and political tension.
The state had a net loss of 25 child care programs in August, the most recent month for which data is available. That month, ...
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