Higher Interest Rates Make Federal Debt More Expensive
The path of interest rates over the next year doesn’t just affect the cost of mortgages and car loans. It also makes it more expensive for the federal government to…
How Fed Rates Influence Mortgages, Credit Cards, Savings and More
The Federal Reserve is expected to keep its key rate steady on Wednesday, after a series of cuts that lowered rates by a full percentage point last year. And with…
Inside a $35 Billion Loan Project, Led by World Bank, Aims to Expand Electricity in Africa
The leaders of more than half of Africa’s nations gathered this week in Dar es Salaam, Tanzania’s sprawling seaside metropolis, to commit to the biggest burst of spending on electric-power…
Existing-Home Sales in 2024 Were Slowest in Decades Amid High Mortgage Rates
High interest rates kept U.S. home sales in a deep freeze for much of last year. It could be a while before the market experiences much of a thaw. Americans…