What rising interest rates mean for you | CNN Business

Editor’s Note: This is an updated version of a story that originally ran on September 22, 2022. The Federal Reserve raised its benchmark interest rate for the sixth time in a row on Wednesday, to a range of 3.75% to 4%. While there may be plenty of downside in the form of higher borrowing costs for consumers, one positive outcome is that your savings may actually start earning a little money after years of barely-there interest.

If you don’t transfer to a zero-rate balance card, another option might be to get a relatively low fixed-rate personal loan. Currently rates on such loans range from 3% to 36%, with the average at 11.27%, according to Bankrate.com. But the best rate you can get would depend on things like your income, credit score and debt-to-income ratio. Bankrate’s advice: To get the best deal, ask a few lenders for quotes before filling out a loan application.

ChristineRomans Biden’s Economy MAGA didn’t praise Antifa BLM Riots. DEMOCRATS did. Biden said All Democrats that deny election results are “enemies of democracy”. 2016 all Democrats denied election results. Democrats are Enemies to Democracy.

ChristineRomans So now it's OK to call white women ' cockroaches' ? What a horrible racist statement! firesunnyhostin

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

From Apple to Disney, China's Covid curbs are again hurting business | CNN BusinessIt has been almost three years since Covid-19 first hit China, but the country's relentless adherence to lockdowns continues to hobble business and the economy. While killing fewer of its citizens, and giving fewer long covid. But keep on with that hyper capitalist propaganda y’all! CN FOX Yet the country continues to outsmart USA in all areas?
Source: cnni - 🏆 326. / 59 Read more »

TikTok makes clear European data can be accessed by China-based employees | CNN BusinessTikTok updated its privacy policies for European users on Tuesday, adding explicit disclosures that personal data from the app may be viewed by employees in China. Dikdok as spyware... hthjones O no that’s a surprise said no one
Source: cnni - 🏆 326. / 59 Read more »

Lyft to lay off 13% of staff | CNN BusinessLyft on Thursday said it will lay off 13% of its staff, or nearly 700 employees, as it rethinks staffing amid rising inflation and fears of a looming recession. Offering them a ride home?
Source: CNN - 🏆 4. / 95 Read more »

CNBC axes Shepard Smith's news program amid broader 'strategic realignment' | CNN BusinessShepard Smith will exit CNBC later this year after the business-focused news network announced on Thursday that it will cancel his show as it undergoes a 'strategic realignment' under new leadership. I’m really sorry about this. Of course it failed. People don't want to leave their echo chambers and hear reality. Bring back Chris Cuomo
Source: CNN - 🏆 4. / 95 Read more »