The Federal Reserve just raised the cost of borrowing money — bad news for borrowers, good news for savers.
Charles “Sonny” Burton faces execution in Alabama for his role in a 1991 robbery in which a man was fatally shot, even though Burton didn't fire the gun or witness the killing.
From lower gas prices to potentially larger tax refunds, Consumer Reports has some glimmers of hope on the financial front in 2026.
The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the third time since September, bringing its key rate to about 3.6%, the lowest in nearly three years.
The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses.
