Federal Reserve

A pause in interest rate hikes may offer no relief to people dealing with large amounts of credit card debt amid high inflation. But there are ways to pay off debt quickly.

Credit card debt smashed another record at the end of September as American consumers continued to rely on their cards to pay for everyday necessities.

The "Shark Tank" star and O'Leary Ventures chairman warned inflation will be a "very hot political potato" as Americans are forced to downsize their homes, cars and lifestyles.

Grant Thornton LLP, one of the largest accounting firms in the United States, will lay off 200 employees over recession fears. The latest round follows 300 this summer.

The October jobs report released Friday provided a key look at the labor market's health as it continues to confront high interest rates and inflation.

The October jobs report, due Friday morning, is expected to show the labor market is continuing to moderate due to higher interest rates and inflation.

The National Retail Federation on Thursday projected that retail sales could hit a record high this year, despite high interest rates and ongoing inflation.

Freddie Mac on Thursday said that mortgage rates paused their multi-week climb last week, but continued to hover near the highest level in two decades.

The Federal Reserve announced another pause on interest rate hikes during its November meeting on Wednesday.

The Federal Reserve paused its interest-rate hike campaign on Wednesday for the third time this year despite signs that inflation remains unusually high.

The number of available jobs unexpectedly rose in September to 9.6 million, a worrisome sign for the Federal Reserve in its fight to wrangle inflation.

Despite elevated mortgage rates, consumers may find some relief with new property listings in a tight housing market, according to a Zillow forecast. Here's what you need to know.

The Federal Reserve is likely to hold interest rates steady at a 22-year high on Wednesday, even as inflation remains above the central bank's 2% goal.

U.S. home prices continued to march higher in August, according to S&P data, even as the housing market grapples with an ongoing spike in mortgage rates.

With high home prices and mortgage rates, more than 50,000 home buying contracts were canceled, Redfin found. Here’s a glimpse into today’s housing market.

Interest rates are climbing, driving prices higher for everything from homes to cars to credit cards. With the Federal Reserve on tap to raise rates further, how high can they go?

U.S. consumers spared no expense this past summer, attending concerts and sporting events in droves, as well as traveling, all of which may translate into a boom for the economy last quarter.

JPMorgan Chase CEO Jamie Dimon slammed central banks like the Federal Reserve for being "100% dead wrong" when they tried to paint inflation as "transitory" 18 months ago.

Consumers who shop with an in-store credit card are getting squeezed even more, according to new data that shows a spike in annual percentage rates for those who carry a balance.

Mortgage rates have skyrocketed in the wake of the Federal Reserve's aggressive interest rate hike campaign, costing U.S. homebuyers thousands of dollars.