SBA discriminates on rates
Although companies without access to credit can borrow up to $2 million directly from the Small Business Administration for as little as 4 percent, firms with cash or credit available elsewhere...
View ArticleFed likely to stick to low-rate message this week
The Fed's guidance was designed to give consumers, companies and investors a clearer sense of when super-low borrowing costs might start to rise.
View ArticleObama, GOP battles don’t affect Fed job
The Fed has been keeping a key short-term interest rate near zero for over four years and is buying tens of billions of dollars in Treasury and mortgage bonds.
View ArticleBernanke signals continued support for low rates
Fed Chairman Ben Bernanke acknowledged the risks of keeping rates low indefinitely. But he expressed confidence that such risks pose little threat now.
View ArticleFed likely to back low-rate policies despite gains
On Wednesday, the Fed will issue a policy statement and update its economic forecasts.
View ArticleFed is expected to maintain stimulative programs
The Federal Reserve on Wednesday is expected to maintain its resolve to keep borrowing costs at record lows despite growing signs that the economy is strengthening.
View ArticleFed stands by stimulus, sees stronger US economy
The Federal Reserve said Wednesday that the U.S. economy has strengthened after pausing late last year but still needs the Fed's extraordinary support to help lower high unemployment.
View ArticleFed keeps stimulus, says taxes and cuts have hurt
The Fed maintained its plan to keep short-term interest rates at record lows at least until unemployment falls to 6.5 percent.
View ArticleKominicki: How do you say ‘refinance’ in German?
My wife and I refinanced our house last week.
View ArticleBuffett says Federal Reserve has boosted stocks
Investor Warren Buffett says the Federal Reserve's efforts to keep interest rates low have helped the stock market soar, but the improving economy also plays a role.
View ArticleBernanke signals Fed to maintain stimulus efforts
Chairman Ben Bernanke told Congress that the U.S. job market remains weak and it is too soon for the Federal Reserve to end its extraordinary stimulus programs.
View ArticleAfter NY inquiry, CareCredit to offer safeguards
GE Capital Retail Bank's CareCredit will add consumer protections to its health care credit card under a settlement with the NY attorney general's office.
View ArticleFed says it will maintain pace of bond purchases
The Federal Reserve offered a hint Wednesday that it's moving closer to slowing its bond-buying program, which is intended to keep long-term interest rates at record lows.
View ArticleImmigration, student loans top Congress’ agenda
Congress returns this week to potentially incendiary fights over nominations, student loans, the farm bill and immigration reform.
View ArticleSenate fails to keep student loan rates low
Senate Democrats failed to restore lower interest rates on student loans, again coming up short and perhaps signaling that rates might double for undergrads.
View ArticleBernanke: US economy still needs Fed’s stimulus
Chairman Ben Bernanke said Wednesday that the U.S. economy still needs help from the Federal Reserve's low interest rate policies.
View ArticleSenate set to finish work on student loan deal
The Senate was set to take up a bill Wednesday that would link interest rates to the financial markets, providing lower rates for all college students this fall.
View ArticleInvestors look to Fed for further clues on rates
When the Federal Reserve offers its latest word on interest rates this week, few think it will telegraph the one thing investors have been most eager to know.
View ArticleFed downgrades US economic growth to modest
The Federal Reserve said Wednesday that the U.S. economy is growing only modestly, a downgrade from its June assessment.
View ArticleHouse approves lower rates on student loans
A bipartisan bill that would reduce the costs of borrowing for millions of students passed the House on Wednesday and was heading to President Barack Obama for his signature.
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