Andriy Onufriyenko/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways Credit card networks and issuers perform two distinct roles, though both can issue credit cards.…
An estimated 6.5 million Americans will retire in 2026. Are you one of them? If so, you’ve likely already begun to consider where you might settle down and spend your golden years. You might even…
Image: Getty Images; Illustration: Bankrate A huge jump in HELOC rates to start the new year. The $30,000 home equity line of soared 59 basis points to 8.22%, as a major lender ended promotions, according to Bankrate’s national survey of lenders. Meanwhile, the benchmark five-year $30,000 home equity loan dropped…
President Donald Trump on Wednesday announced plans to ban institutional investors from purchasing single-family homes in what he sees as a means of improving affordability for Americans. Trump wrote in a post on his Truth Social platform that, “For a very long time, buying and owning a home was considered the…
The mayor of Dallas is predicting an influx of financial firms relocating to the region from New York City if the Big Apple’s newly inaugurated mayor, Zohran Mamdani, pursues socialist policies in the nation’s leading financial hub. Dallas Mayor Eric Johnson told the New York Post in an exclusive interview that Mamdani’s…
Companies in the private sector added 41,000 jobs in December, payroll processing firm ADP said Wednesday. The figure is below economists’ estimates of a gain of 47,000 jobs. The prior month’s payrolls number was revised to a loss of 29,000 from an initially reported loss of 32,000.”Small establishments recovered from…
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The U.S. military operation to apprehend and remove Venezuelan leader Nicolás Maduro from power could put pressure on Cuba’s economy as the communist country reels from the loss of a key economic and security partner. Maduro…
