Stories Tagged as
High interest rates
The price of copper is an economic indicator, and right now, it's falling
The problem? Too little demand, too much supply. Rising interest rates are also contributing to weaker demand around the world.
New cars have been a seller's market, but that's changing
In March, the average new car sold for $171 below asking price, according to Kelley Blue Book. But that's still higher than before COVID.
Why CDs are music to banks' ears right now
Certificates of Deposit help banks bring in cash that they can use to make money by lending it at higher rates. Depositors may be looking to CDs as interest rates rise.