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Financial Performance

The Federal Reserve is finally cutting interest rates. What consumers should know

NEW YORK (AP) — The Federal Reserve has cut its benchmark interest rate from a 23-year high, affecting consumer and business debt, savings, auto loans, mortgages and other forms of credit. On Wednesday, the Fed announced that it had cut…

McDonald’s extends $5 offer until December to retain customers

McDonald’s expands its 5 dollar menu worth available in most U.S. stores by December, a move that competitors are likely to follow. McDonald’s introduced the deal in June after a disappointing first quarter That resulted in fewer visits in the…