If you’re wondering when interest rates on credit cards and car loans will start falling again, don’t hold you breath this week when the Federal Reserve’s policy committee meets. Interest-rate traders see little chance that the Fed will lower interest rates at the end of Wednesday’s meeting or the following one. That means Americans won’t
An Abu Dhabi state-backed investment firm is making a major $2 billion investment in a crypto business deal that could serve as a major boost for Trump family crypto venture World Liberty Financial, according to Zach Witkoff, co-founder of World Liberty Financial. USD1, World Liberty Financial’s so-called “stablecoin” — a digital asset designed to maintain
With economic uncertainty sweeping the nation, some may be considering what small but meaningful steps can be taken to protect their personal finances. According to Bola Sokunbi — author, financial educator and founder of Clever Girl Finance — stakeholders on Wall Street may not be the only ones whose pocket books are at risk of
LOS ANGELES — President Donald Trump will hold a Wednesday meeting with aides about possible investors who could buy a stake in TikTok, a deal that could potentially stop the social media site from being banned in the United States. The details of the meeting were confirmed by a person familiar with the situation who
HONG KONG — Global shares were mostly lower Friday as investors mulled uncertainties brought by U.S. President Donald Trump’s latest tariffs. The future for the S&P 500 lost 0.4% and that for the Dow Jones Industrial Average retreated 0.2%. In Europe, Germany’s DAX declined 0.6% to 22,537.65 and the CAC 40 in France slid 0.5%
More than 600 positions have been eliminated from the Federal Student Aid office, internal documents show. Now, in many places, “no one is identifying schools that are failing financially.” WASHINGTON – President Donald Trump has made it a top priority to dismantle and reorganize the federal Education Department. Simultaneously, he has promised time and again
The Bureau of Prisons has transferred former crypto mogul Sam Bankman-Fried out of a detention center in Brooklyn, New York, sources familiar with the matter told ABC News. Bankman-Fried was moved from MDC-Brooklyn to Oklahoma, a transfer point, on his way to another federal lockup to continue serving his 25-year sentence for orchestrating one of
President Donald Trump announced Friday that two key functions of the agency he is seeking to dismantle, the Department of Education, will be moved to new departments: The Small Business Administration will take on student loans, and the Department of Health and Human Services will take on special needs and nutrition efforts. “I do want