A credit card interest rate cap proposed by Alexandria Ocasio-Cortez comes as APRs jumped to 21% last year.

The macroeconomic environment has been marked by unusual trends, with short- and long-term interest rates diverging in ...

A cross-currency swap is a financial contract where two entities exchange an equivalent amount of principal in different currencies. Then each entity makes interest payments on the currency they ...

The upheaval from President Donald Trump’s tariffs is accelerating the collapse of a popular hedge-fund bet that Treasuries would perform better than interest-rate swaps. The trade had been ...

The FDIC sets a national rate cap, and few, if any, savings account rates exceed it. This maximum rate stands at more than 12 times the average savings interest rate. Savings accounts offer easy ...

Congresswomen Anna Paulina Luna (R-Florida) and Alexandra Ocasio-Cortez (D-New York) are pushing a bad idea: they want to cap credit card interest rates. This not-so-novel idea has developed since ...