Earning Less Than 4% on Your Cash? These Safe, Easy Options Can Boost Your Return as High as 5%
If you have idle cash, you can put the money to work earning a great return these days. Here's what the best savings, CD, ...
Why Investors Shouldn’t Hold Their Breath for Interest Rate Cuts
A resilient job market, healthy economic growth, and high consumer demand point to an economy that’s in “an incredibly strong position,” explains PIMCO economist Tiffany Wilding. At the same time, ...
Which Interest Rate Should You Care About?
The Fed’s short-term rates matter, but the main action now is in the 10-year Treasury market, which influences mortgages, ...
Smart Moves To Make Now To Avoid A Larger 2025 Tax Bill While Earning Interest
The Federal Reserve isn't in a rush to cut interest rates, which means you could be on the hook for more taxes next year on the interest you earn now. These moves can help you soften that blow.
Interest Earnings Last Year May Boost Your Tax Bill—Here's What You Can Do To Lower It
High-yield savings accounts and CDs were much more profitable in 2024 than in prior years, potentially leaving some taxpayers with a larger tax bill. Experts say there are some ways to defer or offset ...
CPI Inflation Was Higher Than Expected In January
Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in ...
This Big Bank Has Raised Its Rates in Six CD Terms—Including No-Penalty Options
The best CD rates have gradually dipped as a result of the Fed's 2024 rate cuts. But one large U.S. bank has boosted its APYs ...
Why The Fed Is Mostly Powerless To Lower Housing Inflation
The Federal Reserve's job is to control inflation, but has little ability to influence one of its biggest drivers, Fed Chair ...
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...
Two Senators Want to Cap Credit-Card Rates at 10%. Banks Say That Would Cut Credit Access
A bipartisan pair of senators want to cap your credit-card interest at less than half the typical rate. They may have President Trump's support—but banks aren't so excited.
What To Expect From Fed Chair Powell's Testimony To Congress This Week
Federal Reserve Chair Jerome Powell will appear before Congress this week. He will assess the Fed's battle against inflation and possibly face scrutiny about the central bank's decision-making process ...
What To Expect From Wednesday's Report On Inflation
Inflation likely started off 2025 by continuing to overstay its welcome, with price increases still gnawing away at the buying power of household budgets.