Stories Tagged as
Interest rates
Gen Z is taking on more credit card debt
May 9, 2024
The credit bureau TransUnion is out with a report showing that borrowers aged 22 to 24 are carrying an average of $2,834 in credit card debt — about a quarter more than millennials in the same age range a decade ago.
Business owners are warily stocking their inventories
by
Justin Ho
May 8, 2024
With interest rate cuts uncertain, businesses owners are keeping their shelves a little leaner. But that's not necessarily a bad sign.
Why does the world want dollars? Because of high interest rates, thriving economy in U.S.
Apr 23, 2024
The greenback is so strong that Japan and South Korea have complained.
Why it's gotten more expensive to house people experiencing homelessness
by
Matt Levin
Apr 22, 2024
Higher interest rates and insurance costs make building low-income and supportive housing more costly — especially in California, home to 28% of the U.S. homeless population.
If the Federal Reserve waits to cut interest rates, will the European Central Bank follow suit?
Apr 11, 2024
Inflation’s up again in the U.S. while the EU is edging closer to its target. That brings the ECB to a bit of a fork in the road.
Interest rates worldwide might start falling as central banks meet this week
Mar 18, 2024
Switzerland may be the first to start rolling back the recent round of rate hikes.
Can the rip-roaring good times for the stock market last?
Mar 14, 2024
Rock bottom interest rates and reduced corporate taxes have helped buoy stock market gains in the past decade.
For public good, not for profit.
Commercial construction has hit a brick wall. Why?
Mar 13, 2024
Factors like high interest rates, tight credit and workers continuing to work from home are all hitting commercial construction demand.
Even as hourly wages outpace inflation, rising prices take a bite
Mar 12, 2024
It’s been harder for lower- and middle-income households to afford higher food, rent and gas prices without getting into debt.
Banks are still grappling with fallout of SVB's failure one year on
by
Justin Ho
Mar 11, 2024
Regulators are more watchful, and banks are trying to be more resourceful.