Credit card interest rates have largely been in a holding pattern for the past few years, but that's not going to last much longer.
Stocks fell Friday as the Fed's decision to keep interest rates near zero stoked concern about the impact of weak global growth on U.S. corporate earnings.
An index of future U.S. economic health edged up slightly in August after a flat reading in July, suggesting economic growth could be moderating.
Thursday's decision left some Fed watchers mystified over what the central bank needs to see to begin phasing out near-zero interest rates.
The S&P 500 and Dow industrials ended lower Thursday, as investors struggled to interpret the Federal Reserve's decision to postpone raising interest rates.
The Fed kept interest rates unchanged Thursday in a nod to concerns about a weak world economy, but left open the possibility of tightening later this year.
Energy stocks pushed Wall Street higher Wednesday, but volume was light ahead of the Federal Reserve's decision on interest rates later this week.
Historically low interest rates have motivated more people to borrow money and may prevent them from retiring, at least not when they want.
U.S. stocks rose more than 1 percent on Tuesday after data showed healthy growth in consumer spending, but concern about a Fed rate hike lingered.
After months of feverish speculation, Federal Reserve policymakers this week may finally raise that rate from a record low near zero.
Stocks closed lower Monday as investors put off making big bets ahead of the Fed's policy meeting this week and others worried about weak data from China.
Financial market participants are confused about what the Federal Reserve will do. The U.S. central bank's recent communications haven't helped matters.
Stocks rose Friday and the S&P 500 posted its biggest weekly gain since July, but energy shares dropped on a forecast of lower oil prices through next year.
Student loan borrowers can expect the interest rates of their current private loans to rise slightly once the Federal Reserve increases rates.
Stocks ended higher Thursday on gains in Apple and biotech shares, but nervousness ahead of a much-anticipated Fed meeting next week limited advances.
U.S. stocks jumped 2 percent Tuesday, bouncing after steep losses last week and a China-fueled rebound in global equities.
Stock indexes fell more than 1 percent Friday after a mixed jobs report did little to quell investor uncertainty about the timing of a Fed rate increase.
The latest U.S. jobs report wasn't definitively good or bad enough to help the Federal Reserve decide whether to raise interest rates later this month.
Stocks rose Thursday after European Central Bank chief Mario Draghi hinted at additional stimulus measures and ahead of Friday's key U.S. jobs report.
The Fed's latest look at business conditions nationwide finds the economy kept expanding during the summer. Housing and auto sales were two bright spots.
Wall Street ended lower Monday after a senior Federal Reserve official added to fears among investors of a U.S. interest rate hike in September.
Stocks ended near flat Friday after comments by a Federal Reserve official suggested that a September rate hike was more likely than investors expected.
Incoming economic data and market developments will likely determine whether the Federal Reserve boosts interest rates in September, a Fed official says.
The past week's stock market rout was sparked by concern over a possible rate rise by the Fed and not by the yuan's devaluation, a Chinese official says.
Stocks rallied in a volatile session Thursday, fueled by optimism after strong economic data and hints that a September interest-rate hike was unlikely.
Wall Street racked up its biggest one-day gain in four years as bargain hunters swooped in, emboldened by hope of a delay in a rise in interest rates.
The S&P 500 closed in negative territory for the year Thursday on concern a deceleration in the Chinese economy would translate into slower global growth.
U.S. stocks fell in choppy trading Wednesday as minutes from the latest Federal Reserve meeting highlighted concern over the state of the global economy.