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Fed Cook: Warns rate hike possible as inflation worsens
51+ min ago (309+ words) Fed Governor Lisa Cook crossed the wires, saying the right course of action is to keep rates steady due to upside risks to inflation, which is moving in the "wrong direction." Cooks seems open to moving in either direction, noting…...
Interest on the national debt is eating a record 19% of federal revenue " and watchdog warns it will get worse
35+ min ago (266+ words) The federal government already spends more on debt interest than on Medicaid, national defense, or all non-defense discretionary programs combined. Now, with the 30-year Treasury yield surging past 5. 19% " its highest level in almost 20 years " a leading fiscal watchdog is warning…...
Federal Reserve Governor Lisa Cook flags AI risks and tokenization growth at Stanford forum
1+ hour, 16+ min ago (228+ words) Cook highlighted that US tokenized asset market cap has more than doubled to roughly $25 billion, while urging caution on AI's economic disruption potential. Federal Reserve Governor Lisa D. Cook took the stage at Stanford's Institute for Economic Policy Research on May…...
Speech by Governor Cook on AI, the economy, and the financial system
1+ hour, 31+ min ago (510+ words) Regulatory and Policy Resources Banking and Data Structure Governor Lisa D. Cook Economic Outlook To set the stage, I will begin with my economic outlook. Benefits to Financial System of AI I am optimistic about AI's promise to boost productivity and…...
Gold Price Falls to $4, 400 in 2nd 200 EMA Test of 2026, How Low Can Gold Go?
38+ min ago (1054+ words) "The biggest influence continues to be the Middle East," said Peter Grant, Vice President and Senior Metals Strategist at Zaner Metals. Grant added that the persistence of the Iran conflict is heightening inflation concerns and capping the safe-haven bid for…...
Silver (XAG/USD) Price Forecast: Breakdown Risk Builds Below Key Support
2+ day, 28+ min ago (129+ words) Silver remains trapped near critical support as traders watch for either a bearish breakdown below key levels or a renewed bullish recovery above resistance. Alternatively, if a decisive breakout above last week's high triggers and it is sustained, a higher…...
Average Savings Account Interest Rate in May 2026
1+ week, 2+ day ago (251+ words) Updated May 18, 2026 The national average savings account interest rate is a benchmark for what most Americans earn on their deposits. Most traditional banks pay at or near that average -- high-yield savings accounts pay significantly more. The national average savings account…...
Here's how much interest a $90, 000 CD account can earn savers now
1+ hour, 20+ min ago (272+ words) May 27, 2026 / 4: 05 PM EDT / CBS News It makes sense, then, to calculate the interest-earning potential the CD offers before making a final decision on your next steps. Below, we'll crunch the returns that savers need to know now. See how much…...
Personal Loan vs. Home Equity Loan: Which Is Right for You?
1+ mon, 2+ week ago (439+ words) Both can be used for many purposes, but there are important differences Personal loans and home equity loans are lump-sum financing options that generally offer fixed interest rates. They can be used for many purposes, including making home improvements, consolidating…...
Here's how much more affordable a $40, 000 home equity loan is now compared to 2025
1+ mon, 4+ day ago (249+ words) April 23, 2026 / 3: 05 PM EDT / CBS News Start by seeing how much home equity you could borrow here. A home equity loan will provide borrowers with a lump sum of money up front. Monthly payments will begin afterward, typically spread out over…...
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