Understanding interest is one of the most important concepts in banking, finance, and competitive exams. Whether you’re preparing for bank exams or simply trying to manage money better, knowing how ...

Sentiment has shifted dramatically in favor of an interest rate cut. Top officials at the Federal Reserve have displayed a rare degree of public disagreement over a possible interest rate cut next ...

Small business owners have a chance to snag zero-interest loans ranging from $500 to $100,000. The program — offered by the city of San Antonio and small-business lender LiftFund — launched last week ...

The University of Chicago Law School has launched a mentorship program to increase interest and provide support for students seeking careers in the public interest field, an area in which it trails ...

Two obesity drugs are among the six new medications that could get faster FDA review under a new pilot program open to products addressing certain national health priorities. Rare and infectious ...

Simple interest is paid only on the principal, e.g., a $10,000 investment at 5% yields $500 annually. Compound interest accumulates on both principal and past interest, increasing total returns over ...

If you have outstanding state tax debt in Illinois, you have until Nov. 17 to take advantage of an amnesty program allowing people and businesses to avoid the penalties they've racked up. The amnesty ...

A new loan program through the Ohio Treasurer’s office is designed to give the state’s small businesses flexibility they need to hire or purchase equipment. Buckeye Business Advantage provides low ...

The Federal Reserve cut interest rates for the first time in nine months on Wednesday, signaling concerns about a weakening labor market. The central bank’s Federal Open Market Committee voted to ...

The original version of this story appeared in Quanta Magazine. Imagine that someone gives you a list of five numbers: 1, 6, 21, 107, and—wait for it—47,176,870. Can you guess what comes next? If ...

The Federal Reserve held interest rates steady Wednesday between 4.25% and 4.5% – exactly as interest-rate traders' bets had predicted after the policy-making body's meeting in June. Traders now see ...

Allowing your money to grow over time is one of the best ways to build wealth. It's possible to reach $1 million by steadily investing a portion of your income. Most experts recommend saving 15% of ...