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Tag: interest

Luna and Ocasio-Cortez push credit card interest rate cap

In the seemingly singular bipartisan alliance, Anna Paulina Luna, members of the Conservative Freedom Council, R-FLA, and Alexandria Ocasio-Cortez, DN.Y. “The annual rate applicable to extensions of credit earned through credit card usage cannot exceed 10% points, including all financial fees,” the proposal provides. In response to a post by Luna and her left-leaning compatriot, […]

Paul Manafort: Peace is not in Zelensky's interest

President Trump's former campaign manager Paul Manafort claimed that Ukrainian President Voldimia Zelensky “will survive by having a nation in war.” After a controversial oval office meeting with two presidents last week. “Zelensky is Imperial,” Manafort told News Nations.Cuomo“Monday.” His office has expired. He is the president of martial law and that's fine. ” “I […]

Swedbank refuses transparency in automatic interest calculation – NOYB

Conditions that will deteriorate. Low interest rates and inflation have made European citizens more attractive conditions for getting loans for years. In Sweden, that's why National Bank (Riksbank) Interest Rates – Controls current lending rates offered by Swedish banks – not exceeding 0% at least from 2015 to early 2022. The war in Ukraine then […]

Home Depot says consumers postponing renovation projects, citing high interest rates

Consumers are postponing large-scale renovation projects as unfavourable macroeconomic conditions persist and affect the U.S. housing market, Home Depot executives warned Tuesday. CEO Ted Decker said in the company's fourth quarter revenue report that “continuous pressure is under on large-scale remodeling projects.” He condemned the lack of demand for housing improvement projects regarding “uncertain macroeconomic […]

Where's the outrage? 'Trump World Inc.’s' many conflicts of interest

In 2018, President Trump's infamous former chief strategist Steve Bannon said, “Democrats don't matter. The real opposition is the media. And the way to deal with them is to flood the zone with s– -.” Trump's “Zone” strategy is now working as Bannon imagined. News-breaking media is facing the prospects of what they report in […]

January inflation gives Fed more reason to hold on interest rate cuts

Egg prices rose more than 15% in January. (ISTOCK)) Annual inflation rose to 3% in January, rising above expectations, giving the Federal Reserve further reason to slow interest rate cuts. According to the Consumer Price Index (CPI), inflation rose 0.5% each month, slightly above expectations, up over the previous month's 0.4% increase. Released by the […]

U.S. Inflation Surges To 3% In January, Slashing Hopes Of Interest Rate Cuts

Shoppers reach for a carton of eggs to customers to limit purchases in South Pasadena, California on February 10, 2025. The revival of the bird flu, which first hit the US in 2022, has ravaged customer farms, causing egg prices to rise and rattle consumers who are used to buying this meal staple for just […]