With average credit card rates over 24%, even Warren Buffett's returns can't beat paying off debt. See the brutal math that makes paying off your credit card debt first the smart bet.

The average interest rate for a 30 ... about the government's growing debt levels. It's the first time since April 11 that the average 30-year mortgage rate has jumped above 7%, according to ...

This debt is also subject to interest rate changes, and investment trusts with variable-rate debt can stand to benefit when interest rates fall. “A cut in the Bank of England base rate should ...

Due to high interest rates, manufacturers are spending N6.02 trillion on debt repayments, while new capital project investments are only receiving N2.74 trillion. In 2024, manufacturers shifted ...

The “One Big Beautiful Bill Act” would raise U.S. debt by more than $3 trillion over a decade, research finds, likely ...

The new federal student loan interest rates for 2025–2026 will likely come with some of the highest interest rates in decades. While the latest rates will likely dip slightly from last year’s ...

In August 2023, Fitch downgraded U.S. debt just before a key Federal Reserve meeting. At that meeting, the Fed raised interest rates with a hawkish tone, pushing the 10-year yield toward 5%.

Experts warn that increased debt could sustain elevated interest rates, hindering economic expansion and burdening future policymakers. The House-approved tax and spending reductions may increase ...

Pro Tip If you successfully lower your credit card interest rate through a balance transfer or consolidation loan, avoid letting debt accumulate again. Consolidating debt and then running up your ...

Proceeds will primarily be used to redeem existing debt issued by a subsidiary of Mr. Cooper on the closing date of the deal.

Credit card balances are now at record highs, and with average credit card interest rates nearing 22%, that debt comes with costly consequences. As a result, this type of debt can be overwhelming ...