The dollar's strong right now. That's a problem for American companies doing business abroad.

Jun 7, 2022
But it's great for Americans who want to buy imports.
A strong U.S. dollar is great for Americans who want to buy foreign products. For American companies that sell products abroad? Not so much.
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Rising interest rates and soaring home prices put mortgage payments out of reach for many

May 26, 2022
The median payment on a new mortgage increased almost 9% from March to April.
Pending home sales declined by 3.9% in April, the sixth consecutive monthly drop.
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Reading the Federal Reserve minutes can feel like hours, but Fed watchers still pore over them

May 24, 2022
For those who understand Fed lingo, the minutes can hint at divisions or disagreements, and where Fed policy may be headed.
Fed Chair Jerome Powell at a news conference following the Federal Open Market Committee meeting on May 4. We'll get the minutes for that meeting Wednesday afternoon. Get your coffee ready.
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Rising interest rates increase the appeal — and the risk — of ARMs

May 24, 2022
More homebuyers are applying for adjustable-rate mortgages, which often come with a lower initial monthly payment. But borrowers could end up paying more in the long run.
The number of applications for adjustable mortgages has increased 22% over the last year, per the Mortgage Bankers Association.
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European Central Bank likely to end its negative interest rate experiment

May 23, 2022
Until the ECB became the first major central bank to try it, making interest rates negative seemed like defying economic gravity.
When the European Central Bank first pushed negative interest rates in 2014, it helped push the value of the euro lower and make European goods more attractive to foreign buyers.
Daniel Roland/AFP via Getty Images

As U.S. interest rates rise, China's are headed in the opposite direction

May 20, 2022
Here in the U.S., the Fed is trying to cool an overactive economy. In China, the goal is to juice one that's flagging.
As the U.S. economy tries to slow down inflation by raising interest rates, China's central bank is lowering interest rates to spur economic growth.
Nicolas Asfouri/ AFP via Getty Images

For public good, not for profit.

Can you negotiate your credit card rate?

May 20, 2022
Credit Counselors can work with banks to bring down interest rates in order to get debt paid off.
Your credit card interest rate is negotiable — in a way.
Creative/Getty Images Illustration by Julia Schiff

Former Chair Ben Bernanke takes long view of Federal Reserve's current challenges

May 17, 2022
“I think it's important to look back at history,” said the former leader of the U.S. central bank.
During an interview with Kai Ryssdal of "Marketplace," former Fed Chair Ben Bernanke discussed how the Federal Reserve has dealt with inflation in the past as well as its current approach.
Nancy Farghalli/Marketplace

Rates on Treasury notes just went up. So will the cost of federal student loans.

May 11, 2022
Interest on new federal student loans is based on the 10-year Treasury yield. The pause on repayments will end Aug. 31.
Federal student loans will be getting more expensive as interest rates rise.
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