South Korea, Taiwan and Hong Kong all slashed interest rates Thursday, joining in a chorus of cuts by central banks around the world aimed at fighting the global...

Wachovia Corp. said Wednesday it lowered its prime lending rate to 4.5 percent from 5 percent.

Statements by presidential candidates Republican John McCain and Democrat Barack Obama on the Federal Reserve’s action Wednesday to cut interest rates.

The Federal Reserve, acting in coordination with other global central banking authorities, cut a key U.S. interest rate by half a percentage point Wednesday to steady a...

The Federal Reserve has ordered an emergency interest rate cut of a half a percentage point to cope with the worst financial crisis since the 1929 stock market crash.

Hong Kong’s de factor central bank said Wednesday it would slash its benchmark interest rate by 1 percentage point to 2.5 percent to encourage lending amid the...

Australia’s central bank cut its official interest rate by a bigger-than-expected 1 percentage point Tuesday to ease credit concerns amid a global financial...

The European Central Bank left interest rates unchanged Thursday, even as bank President Jean-Claude Trichet warned of slowing growth amid high inflation and the...

Rates on 30-year mortgages have risen for a second straight week, climbing to the highest level in a month.

The European Central Bank has left its key interest rate unchanged at 4.25 percent as the bank appears to feel inflation fears outweigh concern about the growing...

The European Central Bank met Thursday amid calls for an interest rate cut in the face of the growing financial crisis, but analysts said the bank likely would hold its...

The European Central Bank is expected to hold its benchmark interest rate steady later Thursday as inflation fears outweigh the growing financial crisis.

Tennessee Valley Authority increases in base electric rates since 1967, unless otherwise noted, affecting 8.8 million residents in Tennessee, Kentucky, Mississippi,...

The Tennessee Valley Authority’s largest electric rate increase in more than three decades takes effect Wednesday as thousands of consumers already are struggling...

Rates on 30-year mortgages, which had been falling for five weeks, jumped sharply this week, reflecting the turbulence in global credit markets.

Poland’s central bank kept its key interest rates unchanged on Wednesday.

Homeowners rushed to take advantage of last week’s drop in interest rates following the government’s takeover of Fannie Mae and Freddie Mac, but rates are...

The Federal Reserve did not lower interest rates despite all the financial market upheavals in recent days, but that doesn’t mean the central bank won’t cut...

The Federal Reserve says strains in financial markets have “increased significantly” but it kept a key interest rate unchanged.

With turbulence hitting financial markets as a global credit crisis claims heavyweight victims, suddenly the possibility of a reduction in interest rates by the Federal...