Tennessee sets a new state interest rate at 11.50 percent, linked to the federal prime rate plus 4 percent, as announced by Financial Commissioner Gonzales.

How much interest you can earn, however, depends on where savings rates currently stand.

Republican Rep. Anna Paulina Luna of Florida joins with Democratic Rep. Alexandria Ocasio-Cortez of New York to push a proposal to cap credit card interest rates at 10%

Japan's economy grew 2.2% on an annualized basis in the fourth quarter, a slower pace than initially reported, complicating the central bank's case for a near-term interest rate hike as tepid domestic demand persists.

A measure of Australian business confidence fell back into negative territory in February despite some interest rate relief from the central bank, a survey showed on Tuesday, highlighting challenges in the business sector.

Sens. Bernie Sanders (I-Vt.) and Josh Hawley (R-Mo.) introduced cap legislation last month. Ocasio-Cortez has been involved with similar legislation in the past, including a 2019 bill to cap interest rates at 15%.

Wall Street is on edge as concerns about an impending recession continue to grow, fueled by market volatility, new trade tariffs imposed by the Trump administration, and fears that a slowdown could force the Federal Reserve to cut interest rates.

A ramp-up in defense spending doesn’t have to lead to slower interest-rate reductions by the European Central Bank, according to Governing Council member Olli Rehn.

Investors’ increasingly gloomy sentiment about economic growth appears to be driving down the 10-year Treasury yield.

Minimums: You typically must convert a certain minimum to get a HELOC rate lock, which could be $2,000 up to $5,000, but it depends on the lender. Annual fees: Some banks or lenders may charge an annual fee that could be between $50 and $75.

A fixed rate can protect you when general interest rates are rising. However, with some fixed-rate HELOCs, you can end up paying a higher rate than necessary if rates fall.