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Fed raises key rate but hints it may pause amid bank...

WASHINGTON (AP) – The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the...

Fed is set to raise rates yet again. After that, then...

WASHINGTON (AP) – The Federal Reserve is on track to raise its benchmark interest rate for the 10th time on Wednesday, the latest step...

Stopping rising inequality

Almost 10 years after the Great Recession ended, the growing threat of a new economic slowdown raises a troubling question: When the next recession...

There’s nothing wrong with stronger banks

Must a safer banking system inevitably be less dynamic? Judging from the experience of the U.S. and Europe since the 2008 financial crisis, not...
THE AVERAGE AMERICAN FICO score was 704, its highest point ever while total U.S. household debt hit a record $13.3 trillion in the second quarter. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

U.S. credit scores hit new high while household debt skyrockets

NEW YORK - Almost a decade after the average FICO score hit a low of 686 in the aftermath of the Great Recession, the number...
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