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The Federal Reserve keeps raising rates. That means it's harder to get a car loan 07/27/2023 05:28pm • NEW YORK (AP) — The Federal Reserve's decision Wednesday to raise its benchmark rate for the 11th time, by a quarter-point, could once again send ripple effects across the economy. Mortgage rates, which have surged since the Fed began lifting rates in March 2022, may now rise further. So could rat US economy unexpectedly accelerated to a 2.4% growth rate in April-June quarter despite Fed hikes 07/27/2023 04:47pm • WASHINGTON (AP) — The U.S. economy surprisingly accelerated to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher interest rates resulting from the Federal Reserve’s 16-month-long fight to bring down inflation. Thursday’s estimate fro Big banks will need to hold more capital to guard against risk under new Fed proposal 07/27/2023 03:19pm • NEW YORK (AP) — The nation's biggest and most complex banks will need to hold additional capital on their balance sheets under an initial proposal by the Federal Reserve and FDIC, designed to help banks better withstand risks to their businesses that go beyond a recession or financial crisis. The Liverpool great Jordan Henderson heads to Saudi Arabia to join Al-Ettifaq 07/27/2023 12:42pm • LIVERPOOL, England (AP) — Weeks after luring Liverpool great Steven Gerrard to join as manager, Saudi Arabian soccer club Al-Ettifaq signed Jordan Henderson on Thursday. The England international, who was captain of Liverpool when the club won the Premier League and Champions League titles, is the Average long-term US mortgage rate inches back up to 6.81% 07/27/2023 12:00pm • The average long-term U.S. mortgage rate ticked back up this week, remaining a barrier for Americans trying to upgrade or buy their first home. The average rate on the benchmark 30-year home loan rose to 6.81% this week from 6.78% last week, which was the lowest level in a month, mortgage buyer Fred Captain Horan sets the tone for United States at the Women's World Cup 07/27/2023 11:33am • WELLINGTON, New Zealand (AP) — Lindsey Horan is setting a feisty tone for the United States at the Women’s World Cup. Horan, the U.S. co-captain, steadied herself after an angry exchange with Dutch midfielder Danielle van de Donk and scored to give the United States a 1-1 draw with the Netherlan European Central Bank hikes interest rates to combat inflation and leaves door open to more 07/27/2023 09:49am • FRANKFURT, Germany (AP) — The European Central Bank raised interest rates for the ninth straight time Thursday in its yearlong campaign to stamp out painfully high inflation and kept the door open to further hikes despite increasing fears of recession. ECB President Christine Lagarde had all but p Elon Musk wants to turn tweets into 'X's'. But changing language is not quite so simple 07/27/2023 09:28am • SAN FRANCISCO (AP) — Elon Musk may want to send “tweet” back to the birds, but the ubiquitous term for posting on the site he now calls X is here to stay — at least for now. For one, the word is still plastered all over the site formerly known as Twitter. Write a post, you still need to pre Pakistan's finance minister says China rolls over $2.4 billion loan for Islamabad for 2 years 07/27/2023 03:49am • ISLAMABAD (AP) — Pakistan's finance minister on Thursday said China has rolled over a $2.4 billion loan for the cash-strapped Islamic nation for two years, a move aimed at helping the country overcome one of its worst economic crises. The latest extension in loan maturities by Beijing was a boost Stock market today: Asian shares gain after the Federal Reserve raises interest rates 07/27/2023 12:44am • BANGKOK (AP) — Asian shares were higher Thursday after the Federal Reserve raised interest rates to their highest level in more than two decades, just as Wall Street expected. Regional attention has focused on whether Japan’s central bank might alter its longstanding ultra-lax monetary policy a Pelicans star Zion Williamson, family sued for $1.8 million by tech company 07/26/2023 10:25pm • NEW ORLEANS (AP) — New Orleans Pelicans star Zion Williamson, his stepfather and his mother allegedly have failed to pay back $1.8 million of a $2 million loan from a California-based technology company. In a civil lawsuit filed this week in U.S. District Court in New Orleans, Ankr PBC stated t Why the latest interest rate hike is likely more bad news for homebuyers 07/26/2023 09:10pm • The Federal Reserve raised its key interest rate Wednesday for the 11th time in 17 months, a streak of hikes that are intended to curb inflation but that also carry the risk of going too far and triggering a recession. One of the key questions about what comes next relates directly to the housing When Will the Housing Market Crash? 07/26/2023 08:00pm • Any period of economic uncertainty can make a major financial decision -- like buying a house -- more stressful. While the housing market on a national scale has seen prices decline since the all-time highs of mid-2022 amid high interest rates, experts are noting that a sudden and abrupt housing mar What Is a Family Loan? 07/26/2023 08:00pm • When you need money fast, turning to loved ones for help is often a hassle-free option. Borrowing from friends and family members is surprisingly common, given that many people warn against it. About 20% of U.S. adults receive financial support from family members or friends, and 1 in 3 adults provi How to Budget for a New Baby 07/26/2023 08:00pm • The cost of raising a child is high, especially in today's inflationary environment. Budgeting for this expenditure can be a daunting prospect, but doing so is crucial to maintaining your financial security throughout the process. "Your first step is fighting that initial urge to start buying cute b