Why the Fed Might Raise Interest Rates When Borrowing Costs Are Surging
Elevated interest rates have raised the cost of mortgages and car loans without dampening consumer spending.
New York Times
How the Fed’s move affects your finances.
The Federal Reserve is widely expected to increase its key rate by a quarter of a percentage point, but mortgages and other consumer loans have already trended higher.
Bessent Defends Faltering Bond Market Intervention
Testifying before Congress, the Treasury secretary said that he supported giving Americans $5,000 dividends if Republicans win in November.
Poverty Rate Was Stable Before Trump’s Safety Net Cuts Gained Force
Median household income rose to a record $87,460 in 2025, according to annual Census Bureau data on the financial well-being of Americans.
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