Banking

In a matter of months, it’s become more expensive to carry a credit card balance, a car loan or a mortgage as the Federal Reserve’s interest rate hikes have seeped into borrowing costs. It’s tough medicine that central bankers…

Pity those first-time house buyers. On Wednesday, the U.S. Federal Reserve raised the benchmark interest rate by 75 basis points to a 1.5% to 1.75% range, the biggest increase since 1994 as it tries to tame rising…

Ultimately, as long as buyers are able to keep up with their regular monthly payments, fewer people making extra mortgage payments probably isn’t…

The Biden administration is planning to cancel $10,000 in student loan debt for borrowers earning below a specific income threshold. But for borrowers like Johnathan Perkins, 36, the amount of debt forgiven isn’t going to move the needle at…

How do you know if you need a financial adviser or not? Getty Images Question: I’m considering…

The inventory shortage, high prices and rising interest rates have finally bitten. Single-family home sales fell sharply by 16.6% in April to a seasonally adjusted annualized rate of 591,000, according to Census…

OMAHA, Neb. — Warren Buffett’s company on Monday revealed all the investment moves it made in the first quarter, when it spent more than $51 billion on stocks. But Buffett had already shared the biggest investments…

Billionaire Warren Buffet has been acquiring stocks on the dip during the recent market downturn and bulking up his stakes in oil companies such as Occidental ( (OXY) - Get Occidental Petroleum Corporation Report).Through the end of…

Billionaire crypto investor, Barry Silbert, the founder and CEO of Digital Currency Group, on Saturday offered sympathy and advice to those who have lost fortunes recently. It’s been a tough six…

Text size Coinbase reported a loss of $1.98 a share on sales of $1.165 billion. Michael…