Up to 80 colleges may close in the next five years, according to a study from the Federal Reserve Bank of Philadelphia.

Americans are having a harder time managing rising debt burdens and in some cases haven’t been this overextended since the ...

A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for ...

Higher interest rates that increase borrowing costs appear to be creating a growing financial strain on consumers.

The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...

So far, the central bank has moved slowly to recalibrate ... recently jumped to a 12-year high, according to a Philadelphia Federal Reserve report. "That means it is maybe more important ...

The impact of the Fed's combined 1% rate reduction over the last several months is already filtering through the banking ...