Capital One has agreed to a $425 million class action settlement over misleading interest rates on savings accounts.
Tag: interest rates
Capital One 360 settlement payout approved for millions of customers
A federal judge approved a $425 million settlement for Capital One 360 Savings customers, with automatic payouts expected for millions.
Jerome Powell’s potential departure from the Fed marks a significant shift in U.S. monetary policy leadership
Jerome Powell is set to leave his position as Fed chair on April 29, 2026, with Kevin Warsh nominated as his successor.
Scott Bessent Urges Caution on Interest Rates Amid Economic Concerns
Scott Bessent, the US Treasury Secretary, has urged the Federal Reserve to delay lowering interest rates, citing strong economic indicators and rising inflation.
Mortgage Rates Today: Average 30-Year Fixed Rate at 6.267%
Mortgage rates today have seen a significant rise, with the average 30-year fixed rate now at 6.267%. This increase is affecting mortgage applications across the U.S.