Senators Bernie Sanders and Josh Hawley say they will propose a 10 percent limit on credit card interest rates.

When the Federal Reserve started raising its benchmark rates in 2022, banks kept paying very little on sweep accounts. That allowed them to increase profits, since they were able to raise the interest ...

After three successive interest rate cuts, the Federal Reserve on Wednesday made no change in its benchmark lending rate amid ...

The lawsuit comes at a time when savers have benefitted from the Federal Reserve's decision to ratchet interest rates to fight soaring inflation, which allowed banks to roll out high-interest ...

Capital One was accused of cheating customers who held its flagship “high interest ... to the bank’s account conversion unit unless they asked whether conversions were allowed.