The Fed paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate, ...
As widely expected, the Federal Reserve held its policy rate at 4.25%-4.50% on Wednesday, as the Federal Open Market ...
The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.
Despite a strong economy, the share of Americans making only the minimum credit card payment hit a 12-year high and ...
A Record Number of Consumers Are Making Minimum Credit Card Payments As Delinquencies Also Rise ...
There’s growing evidence that Americans are struggling with their credit card debt, which has grown significantly since the ...
After an apparent ICE raid at a car wash in North Philadelphia Tuesday morning, immigration advocates protested in Old City.
Researchers from the Federal Reserve Bank of Philadelphia have found troubling trends in US consumer credit.
The Philadelphia Federal Reserve's Q3 2024 Insights Report has revealed that 10.75 percent of creditors were only making their mandatory payments in the third quarter of 2024. It also noted ...
In the third quarter of 2024, 10.75% of active credit card accounts paid only the minimum balance, the highest rate in 12 years, the Philadelphia Federal Reserve Bank reported. The trend reflects ...
Lake Shore Bancorp, Inc., the holding company for Lake Shore Savings Bank (the “Bank”), announced this week that the Board of Directors declared a cash dividend of 18 cents per share on its ...