By looking at the inflation rate each year, you can gain insight into how prices changed and how events around the globe ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

Markets enter 2026 at a crossroads. Oil prices remain subdued but volatile, interest rates are holding steady despite ...

The Bank of Canada continued to cut interest rates, dropping another quarter percentage point, which lowered the overnight rate to 2.25%. But Macklem’s team has made it clear that his bank’s easing ...

In recent years, certificate of deposit (CD) interest rates reached historic highs, due, in large part, to the Federal Reserve pushing up its benchmark rate to try and temper inflation. As the ...

The Federal Reserve’s most important monetary policy tool is the Fed Funds Interest Rate target. By raising or lowering this benchmark, the Fed hopes to influence the cost of credit throughout the ...

LONDON, Dec 11 (Reuters) - Whatever the Federal Reserve does from here - even after cutting rates on Wednesday and signaling one further cut - borrowing costs elsewhere are rising again as the global ...