Education Dept. Lowers Student Loan Rates for Borrowers in Auto Pay
The department, citing high defaults, is reducing interest rates by up to one percentage point for two years if borrowers pay automatically.
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Warsh Wants the Fed to Send Fewer Signals. That Comes With Risks.
Investors piled on bets for higher borrowing costs after Kevin Warsh opted against providing policy guidance at his first meeting as Federal…
Warsh’s Hawkish Turn Has Scrambled the Math on Rates
The futures market now sees at least one interest rate increase this year, as the Federal Reserve’s new leader, Kevin Warsh, vows to fight…
Inflation Will Linger Despite U.S.-Iran Deal, British Officials Warn
Bank of England policymakers kept interest rates on hold, saying the impact of the war in Iran was still a major source of uncertainty for t…
Retail Investors Help Send SpaceX Shares Soaring
The company’s blockbuster trading debut is the latest example of how individual investors have become a force in financial markets.
All Aboard! Brands Jump on the Knicks Bandwagon.
Companies — including some with no ties to New York or basketball — have posted memes, changed their avatars to Knicks blue and orange, …
Why Airfares May Not Fall After the U.S.-Iran Deal
Jet fuel may stay expensive for months, and airlines know travelers are willing to pay more for tickets.
Should You Invest in SpaceX? Financial Advisers Weigh In.
SpaceX has rapidly become one of the world’s most valuable companies. Even so, experts say investing in single stocks can be risky.
Average U.S. Gasoline Price Falls Below $4 for First Time in Months
Drivers are enjoying some relief at the pump after the United States and Iran signed an agreement to reopen the Strait of Hormuz.
Oil Prices Fall as U.S.-Iran Deal to Reopen Hormuz Takes Effect
Oil prices fell and stocks rose after Pakistan announced that the agreement to reopen the Strait of Hormuz would take effect immediately.
Warsh Makes His Case With Jargon, and a Penchant for Detail
The Federal Reserve’s new chairman held a press conference where he bantered with reporters and laid out a vision for change at the centra…
Fed holds rates steady at Warsh’s first meeting.
Officials at the Federal Reserve were split between no cuts this year and one or more rate increases as they braced for higher inflation, ac…