Let's face it: building wealth long-term can be challenging. Day-to-day expenses constantly erode the dollars we have saved so diligently, especially when prices rise relentlessly while salaries ...

Capital at risk. The value of your investments can go up and down, and you may get back less than you invest. Compound interest is earned when interest paid on an account or generated by an investment ...

Last week the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances increased to 6.24% from 6.16%. Applications to refinance a home loan dropped 16% for the ...

It's the first Fed day of 2026, and Chair Jerome Powell is in the hot seat. The central bank announced it would hold its benchmark interest rate steady, as was widely expected. The meeting follows ...

Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of local ...

An interest rate can be thought of as the cost of borrowing money, or the income you earn on saved money. Many or all of the products on this page are from partners who compensate us when you click to ...

President Trump announced he will nominate former Federal Reserve governor Kevin Warsh to lead the Fed. If confirmed by the Senate, Warsh would replace current Fed Chair Jerome Powell when his term ...

Meeting this week for the first time in 2026, the Federal Open Market Committee (FOMC) declined to lower the federal funds rate. In a post-meeting statement, the FOMC described economic activity ...

Kylie is the Global Live Pages Editor, leading a team providing real-time multimedia coverage of the biggest breaking stories worldwide. She previously worked on the UK Breaking News team, and spent ...

An annual percentage yield, or APY, is the rate of return on money in a bank account. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...