Fed lifts interest rates another 0.75 percentage point
Latest jump is the fourth supersized rate hike this year, as the central bank tries to subdue stubbornly high inflation.
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Latest jump is the fourth supersized rate hike this year, as the central bank tries to subdue stubbornly high inflation.
The central bank said it is boosting rates by 0.75 percentage point. Expect to pay more for credit card debt and loans.
The feds approved a rate hike of three-quarters of a point, but what does that mean for your pocketbook?
The Fed lowering the interest rate is a welcome sign in a slowing market where lower rates may open doors for potential buyers and current homeowners.
Three major skill gaps in Sacramento are currently providing job opportunities: nursing, security and criminal justice.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
