About half of Americans carry a credit card balance, survey finds
Americans owe trillions in credit card debt. Consumer Investigator Rachel DePompa talks to Bankrate to find out why so many people are struggling to get out of debt.
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Trump’s Oil Tariffs Could Cost Foreign Producers $10 Billion Annually
Goldman Sachs has provided estimates that a proposed 10% U.S. oil tariff could cost foreign producers $10 billion per year ...
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BOK cuts interest rate to 2.75% as growth concerns mount
The Bank of Korea (BOK) lowered its key interest rate by 25 basis points to 2.75 percent on Tuesday, citing persistently weak ...
Bank of Korea resumes rate cuts as economic risks grow
The Bank of Korea lowered interest rates by a quarter of a percentage point on Tuesday, steering Asia's fourth-largest ...
Japan's corporate service inflation accelerates to 3.1% y/y in January
A leading indicator of Japan's service-sector inflation in January accelerated to 3.1% from a year earlier as prices for a ...
Will doing a voluntary reposession protect your credit?
Unfortunately, a voluntary repossession stays on your credit report for seven years and can’t be removed early unless it’s ...
BridgeBio Initiates Long Term Debt Management Strategy and Announces Proposed Offering of Convertible Senior Notes to Refinance Senior Secured Debt
Long term debt management strategy will strengthen the balance sheet without increasing total liabilities- Refinancing term debt facility ...
Massachusetts gas bills to see temporary 10% cut
It looks like some natural gas customers in Massachusetts will be getting back a little more than 5% on their gas bills ...
Mortgage Rates Fell Again Friday—to a New 2025 Low. Here’s How Much That Could Save You on Monthly Payments.
Despite the recent improvement, things were better in September, when the 30-year average plunged to a two-year low of 5.89% ...
5 borrowers who should consider debt management now
If you recognize yourself in any of these categories, this may be the time to consider a debt management program.
Housing inventory in January approached pre-pandemic levels. Could that mean buyers will have more luck in 2025?
Sellers are deciding they can’t afford to wait out high interest rates and listing anyways. That means more choices for ...
Agricultural Bank of China's Faster-Than-Peer Loan Expansion Continues in 2025
As result of fast asset expansion and slowing earning growth, ABC's total capital adequacy ratio and core Tier 1 ratio slightly weakened to 16.25% and 11.13%, respectively, in mid-2024. Such levels ...