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For banks, there’s a delayed benefit to rising rates

Jan 13, 2017
Big bank earnings show they have a ways to go.

The outlook for banks under the incoming Trump administration

Jan 13, 2017
With a few banks reporting earnings Friday  — JP Morgan Chase, Wells Fargo, Bank of America — we’ll take a look at banking’s prospects. The new Trump administration and a GOP-controlled Congress have said they plan to dial back Dodd-Frank and other financial regulations. For the most part, bank stocks – and the market overall […]

Online banking platform SoFi targets "high earners, not rich yet"

Dec 20, 2016
How the online lender SoFi wants to make borrowing more social.
StockSnap/Visual Hunt

Why should you care when the Fed hikes its benchmark interest rate?

Dec 14, 2016
A quarter-percent actually means a lot, and it's just the beginning.
Traders in the Standard & Poor's 500 stock index options pit at the Chicago Board Options Exchange (CBOE) react to the Federal Reserve's statement that it would increase its benchmark interest rate December 14, 2016 in Chicago, Illinois. The much-anticipated decision will move the Feds benchmark rate to a range between 0.5 percent and 0.75 percent.
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A Fed rate hike this week is likely — but what lies ahead for 2017?

Dec 13, 2016
When it comes to interest rate hikes, it’s never a done deal until it’s actually done. However, it’s a near certainty that the Fed will raise rates when it meets today and tomorrow. What the interest rate outlook will be for 2017, under a Trump presidency, is far less clear.
Federal Reserve Chair Janet Yellen testifies before the Joint Economic Committee of Congress on Capitol Hill in Washington, D.C. on Nov. 17.  In mid-November,  Yellen confirmed that a hike in federal interest rates was on its way soon.
JIM WATSON/AFP/Getty Images

Why the Fed is changing interest-rate goals

Nov 21, 2016
The interest rate target is worryingly low.
Stanley Fischer testifies before the Banking, Housing, and Urban Affairs Committee on his nomination to be the Vice Chairman of the Board of Governors of the Federal Reserve System on March 13, 2014 on Capitol Hill in Washington, DC. 
MANDEL NGAN/AFP/Getty Images

The economy in Trump's first year

Nov 21, 2016
Economic growth is likely to accelerate in the first year of Trump's presidency, based on his economic ideas. But his plans could also raise the risk of economic overheating and inflation.
Supporters of President-elect Donald Trump cheer at the New York Hilton Midtown in New York on Nov. 9.
MANDEL NGAN/AFP/Getty Images

For public good, not for profit.

Janet Yellen is not quitting anytime soon

Nov 17, 2016
The president-elect has accused her of being corrupt without providing any evidence, but she's planning to serve out her term.
Federal Reserve Board Chairwoman Janet Yellen waves to members during a House Financial Services Committee hearing on Capitol Hill, February 25, 2015 in Washington, DC.
Mark Wilson/Getty Images

Pop quiz: What positions will the next prez appoint?

Oct 20, 2016
D.C. tourists think the Supreme Court, not the Fed.
Alex Wong/Getty Images

Yellen says no, the Fed isn't keeping rates low to help Obama

Sep 21, 2016
The Federal Reserve chair was asked about Donald Trump's allegations four times at Wednesday's presser.
Federal Reserve Board Chair Janet Yellen speaks during a news conference following the Federal Open Market Committee meeting, September 21, 2016 in Washington, DC.
Mark Wilson/Getty Images