High-interest rate debt including credit-card debt is becoming more expensive. Here’s how to make a plan to become debt-free as rates rise.
The Federal Reserve's main tool for managing the economy is to change the federal funds rate, which can affect not only borrowing costs for consumers but also shape broader decisions by companies like how many people to hire. WSJ explains how the Fed manipulates this one rate to guide the entire economy. Illustration: Jacob ReynoldsNow is the time to pay off high-interest debt before it gets more expensive.
Adjustable-rate debt, such as credit-card balances or auto loans, is about to get pricier because this week, the Federal Reserve
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apple Studio Display Review: At $1,599, You Won’t Get What You Pay ForApple’s $1,599 Studio Display could make you rethink what a smart monitor should be. But with a poor webcam and unremarkable screen, writes JoannaStern, it’s not the smartest buy.
Read more »
'It's a 'United Nations' here' — Cleveland company founded by Ukrainians continues to pay it forwardPrompted by Russia’s unprovoked invasion of Ukraine, a Cleveland business, founded by a Ukrainian immigrant whose parents were escaping a war-torn Europe, stands ready to welcome the newest wave of refugees.
Read more »
A New Covid Wave Is Spreading In Europe — Here’s Why The U.S. Should Pay AttentionI am a London-based reporter for Forbes covering breaking news. Previously, I have worked as a reporter for a specialist legal publication covering big data and as a freelance journalist and policy analyst covering science, tech and health. I have a master’s degree in Biological Natural Sciences and a master’s degree in the History and Philosophy of Science from the University of Cambridge. Follow me on Twitter theroberthart or email me at rhartforbes.com
Read more »
Delta Gives Employees 4% Raises, First Pay Increase Since Before the PandemicCarriers are scrambling to hire and train staff to match surging travel demand.
Read more »
Proposed Tennessee Law Would Make Drunk Drivers Pay Child SupportCreated by a grieving grandma, Bentley’s Law would require drunk drivers to pay monthly support to the children of any parents they’re convicted of killing.
Read more »
Buyers Are Willing To Pay More For Homes That Mix Work And PlayZillow's 2022 Home Features That Sell analysis reveals the features and amenities that help sell a home faster.
Read more »