Nearly half of American households have credit card debt and pay more than 20% in interest on their revolving balances. Even when the Federal Reserve cuts rates, those high APRs don't fall much.

FedEx ( (FDX)) has provided an announcement. On October 31, 2025, FedEx amended its $1.75 billion three-year and five-year credit agreements with a group of financial institutions to prepare for the ...

Collectively, Americans owe a record $1.21 trillion on their credit cards, according to a new report from the Federal Reserve Bank of New York. Consumer spending has remained remarkably resilient, ...

See how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard The Federal Reserve is expected to lower its benchmark ...