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Fed Chair Says Central Bank Need Not ‘Hurry’ to Cut Rates
Posted inBanking and Financial Institutions Federal Reserve System Inflation (Economics) Interest Rates Presidential Election of 2024 United States Economy United States Politics and Government

Fed Chair Says Central Bank Need Not ‘Hurry’ to Cut Rates

Jerome Powell said that strong economic growth gives Federal Reserve officials room to be patient, and he emphasized the institution’s political independence.
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Posted by By Jeanna Smialek
S&P 500 Surges to Start the Year
Posted inBanking and Financial Institutions Interest Rates Russell 2,000 Stock Index Standard & Poor's 500-Stock Index Stocks and Bonds United States Economy

S&P 500 Surges to Start the Year

The S&P 500, rising 10 percent, set the pace as investors looked forward to interest rate cuts.
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Posted by By Joe Rennison
A Review of Robinhood’s 3 Percent Cash-Back Card
Posted inBanking and Financial Institutions Credit Cards Personal Finances Robinhood Financial LLC

A Review of Robinhood’s 3 Percent Cash-Back Card

Charles Schwab stopped offering a 2 percent card years ago, and most banks don’t hand over more than 2 percent either.
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Posted by By Ron Lieber
The Fallout From the Credit Card Swipe Fee Fight
Posted inAntitrust Laws and Competition Issues Banking and Financial Institutions internal-storyline-no MasterCard Inc Regulation and Deregulation of Industry Shopping and Retail Visa Inc

The Fallout From the Credit Card Swipe Fee Fight

A proposed settlement between Visa and Mastercard and merchants on swipe fees promises savings, but it may also alter the economics of premium credit cards.
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Posted by By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

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