Is the timing between your CD account maturity date and a rate cut set to collide? Consider taking these steps now.

Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there is a good chance the Federal Reserve will start with a large cut next month.

It's the first time that Bessent has pressured the central bank for lowering the cost of borrowing, citing weak employment growth

Live Updates Live Coverage Updates appear automatically as they are published. Markets Red on Hot PPI Data 9:44 am Markets opened in the red after July’s wholesale inflation numbers came in hotter than expected.

Treasury Secretary Scott Bessent is pushing for 50 bps to offset missed opportunities earlier this summer, but some analysts warn that rising core inflation to 3.1% and upcoming jobs data could still delay action.

Today’s high yields on savings could help your wedding fund grow faster. Learn how to turn the current rate environment into a budget boost for your big day.

US Treasury secretary Scott Bessent has said that Japan’s central bank is falling “behind the curve” on inflation and will probably have to raise interest rates, in a rare swipe by a senior official at the monetary policy of another country.

So far, an increasingly divided Federal Open Market Committee (FOMC) has resisted cutting rates to wait for more data over the summer on the impact of tariffs on consumer prices. It last cut in December 2024, setting the target range at 4.25 to 4.5 percent.

In 2025, Canadian investors face unprecedented challenges and opportunities. While many continue to rely on investment strategies that served them well over the past decade, the convergence of global trade tensions and monetary policy shifts demands a fundamental reconsideration of how wealth is built and preserved.