Image by PM Images/Getty Images; Illustration by Hunter Newton/Bankrate Mortgage rates ticked up slightly this week, with the 30-year fixed rate averaging 6.10%, up from…
Excise taxes and sales taxes both generate government revenue, but they work in fundamentally different ways. Sales taxes apply broadly to most retail purchases at a uniform percentage rate, appearing as a line item at…
The latest Bankrate Financial Fraud Survey reveals that about 1 in 3 U.S. adults (34 percent) have experienced financial fraud or a scam in the past 12 months, since January 2024. Among them, nearly 2 in 5 (37 percent) lost money. “Financial scams today come in all shapes and sizes,…
To identify the best lenders for mortgage refinances, Bankrate analyzed Home Mortgage Disclosure Act (HMDA) data to determine the amount of lenders’ mortgage volume that was made up of refinance mortgages in 2024, the most recent year for which data is available. At least 20% of a lender’s mortgages must…
The Food and Drug Administration announced Tuesday a recall of bags of certain dog treats over concerns about potential salmonella contamination. Elite Treats, based in Florida, issued a recall of a single lot of 6-ounce bags of Elite Treats Chicken Chips for Dogs, according to the FDA.The recalled bags have…
Consumer confidence ticked higher in February as American households’ expectations for the labor market improved. The Conference Board’s consumer confidence index rose 2.2 points to 91.2 in February from an upwardly revised 89 in January. The January data was initially reported as 84.5, the lowest level since May 2014.Economists polled…
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The Supreme Court on Friday struck down a significant portion of the Trump administration’s tariffs that the justices found the tariffs were imposed illegally under an emergency economic powers law. The Court issued a 6-3 ruling…
