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Dozens of retailers jacked up interest rates on store cards
'Padding the profit margin': Why are interest rates still rising on store credit cards?
The Federal Reserve hasn’t raised interest rates since the summer of 2023. But America’s retailers apparently didn’t get the memo.
Macy's, T.J. Maxx, and dozens more hiked store credit card rates just before Fed cuts
To shore up their profit margins, at least 50 major U.S. retailers, including Macy’s and T.J. Maxx owner TJX (TJX), hiked interest rates on their store credit cards ahead of the Federal Reserve’s anticipated rate cuts,
Dozens of retailers jacked up interest rates on store cards ahead of Fed cuts
Dozens of retailers, including Macy’s, Gap and TJ Maxx, increased APRs on their store credit cards before the Federal Reserve cut rates, padding their profits.
178 cases of credit card fraud at retail stores since Oct 1
At least 178 cases of credit card fraud at retail stores have been reported to the police since Oct 1. Earlier this month, five people linked to such cases were arrested. Another four suspects were arrested in recent weeks.
Japan's Oct. headline inflation rate falls
Inflation Won’t Hit the Fed’s Target in 2025. Interest Rates Will Drop Anyway.
Inflation—the Fed’s primary bugbear for most of the past four years—has come a long way. The year-over-year increase in the personal-consumption expenditures price index, wh
Japan’s Inflation Holds Above BOJ Target Amid Rate Hike Bets
Japan’s key inflation gauge held above the central bank’s target even as price gains moderated a tad, in data largely supporting the central bank’s view that underlying inflation remains solid.
Japan's October headline inflation rate falls, but economists still see BOJ rate hike on the table
Japan's headline inflation rate slipped to 2.3% in October, its lowest level since January and down from the 2.5% seen in September. The core inflation rate fell to 2.3% from 2.4%, slightly higher compared to the 2.
4h
Interest Rates Recently Did Something They Haven't Done Since March 2020, and It Could Trigger a Big Move in the Stock Market
Interest Rates Recently Did Something They Haven't Done Since March 2020, and It Could Trigger a Big Move in the Stock Market ...
22h
on MSN
What will mortgage interest rates be in 2025? Experts weigh in
What will mortgage interest rates be in 2025? Mortgage rates are "incredibly difficult to predict," says Charles Goodwin, ...
2d
on MSN
If the Fed is cutting interest rates, why are mortgages and business loans costing more?
The central bank’s target rates and its much-publicized recent rate cuts don’t directly set long-term mortgage and business ...
2d
Today’s 15-year mortgage interest rates drop to 6.13%, while 30-year terms fall to 6.88%
Thinking about taking out a mortgage loan? Current mortgage rates drop to 6.88% for 30-year terms, while 15-year terms fall ...
2d
on MSN
How far have mortgage interest rates fallen in 2024?
See what mortgage interest rate you could qualify for here now.
The Economist
3d
Interest rates will come down sharply in 2025
The global economy has had a series of shocks, including the pandemic, an inflation spike and the invasion of Ukraine. As the ...
2h
on MSN
Today's Mortgage Rates | Rates Hold Steady as Markets Wait for More Data
These are today's mortgage and refinance rates. Strong economic data has kept mortgage rates elevated, and they might only ...
3d
What To Expect From The Fed On Interest Rates In 2025
Most expect the Federal Open Market Committee to cut interest rates in 2025. The question of how much will be informed by ...
3d
Fed's Schmid says it is uncertain how far interest rates can fall
It remains uncertain how far interest rates can fall, though the initial reductions made by the U.S. central bank are a vote ...
8d
Understanding Interest Rates: What Your Bank Wants You To Know
Over the last couple of years, interest rates have fluctuated quite a bit. After plummeting to record lows in 2020, they made ...
1d
on MSN
New York Republican proposes to slash student loan interest rates
N.Y., has introduced legislation that would slash student loan interest rates to one percent and permit federal borrowers to ...
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