Dozens of the largest U.S. retailers and their bank partners jacked up interest rates on their store-branded cards to record highs in the months before the Federal Reserve began cutting rates, as the ...

Prefer Newsweek on Google to see more of our trusted coverage when you search. The Department of Government Efficiency (DOGE) announced on X that it has deactivated more than 200,000 credit cards ...

Interest rate cuts are looming again. After the Federal Reserve resumed the rate-cut campaign it started in 2024 in September, other cuts now seem likely for the central bank's next meetings in ...

Prefer Newsweek on Google to see more of our trusted coverage when you search. Elon Musk's Department of Government Efficiency announced on Monday that it has canceled almost 300,000 government credit ...

(NEW YORK) — Americans’ credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week. Credit card debt climbed $24 billion over a three-month stretch ...

CHARLOTTE — If you have credit cards, a savings account, a car loan or a home loan, you’re likely affected by recent cuts on short-term interest rates. Consumer Reports says federal interest rate cuts ...

You may face delayed or denied reimbursement for federal work expenses on your personal credit card. High credit card usage can impact your credit score. Maintain documentation if you have to pay out ...

Credit card interest rates resumed dropping in the second half of 2025, closing out the year at 19.7%, about a percentage point lower than the record high set in August of 2024. And while Bankrate ...

IF YOU HAVE CREDIT CARDS, LOANS AND A SAVINGS ACCOUNT, THE RECENT CUT BY THE FEDERAL RESERVE ON SHORT TERM INTEREST RATES LIKELY IMPACTS YOU. CONSUMER REPORTS BREAKS DOWN THE CHANGES YOU MIGHT SEE ON ...

The Apple Card's high-yield savings account received an interest rate cut overnight, the fourth time it has done so this year. The ‌Apple Card‌ savings account's annual percentage yield (APY) dropped ...