Where should you stash your savings after the Fed rate cut?
For example, "several banks are offering high-yield savings accounts with APYs of 4.85%," which, while "down from a peak of 5% or more prior to the rate cut" is still a "relatively robust offer," said CBS News.
Despite a Fed Rate Cut, the Top Savings Accounts Are Holding Their Ground
The Federal Reserve cut interest rates by a sizable half percentage point last week. But the top savings account rate in the country is holding its ground.
Another big Fed interest rate cut coming? One economist says yes
Plus the week included a stop in Detroit by Lael Brainard, the director of the National Economic Council, who spoke to the Detroit Economic Club.
Nearing Retirement? Here's What the Fed Rate Cut Means for You
The Fed's rate cuts are a mixed bag for anyone nearing retirement. Find out how lower rates will impact your money and what you can do about it.
Are You Nearing Retirement? Here's What the Fed's Rate Cuts Mean for Your Savings
The recent interest rate cut by the Federal Reserve has raised fresh financial questions for everyone from economists to would-be homebuyers. Add Americans nearing retirement to that list.
What does the Fed interest rate cut mean for home buyers, sellers in Appleton, Green Bay?
The current 15- and 30-year fixed mortgage rates have dropped to 5.15% and 6.09%, respectively, according to a weekly Freddie Mac survey.
What Fed Rate Cuts Mean for Your Money
The American economy is having a bit of a crisis in 2024. Many people are finding it hard to make ends meet, with prices of things like groceries at an all-time high.
Don't put your money in the bank and forget about it. These tips can maximize your savings.
Sometimes it's not enough just to have money sitting in your account. By making your savings work for you, you’ll hit your ...
Insider Today: Retirement savings mistakes
In this Sunday edition of Insider Today, we're talking about retirement savings mistakes to avoid, and MrBeast's leadership.
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Inside information: Karri Alameri appointed as the CEO of Oma Savings Bank Plc
Alameri will start in his position no later than 1 April 2025. Interim CEO Sarianna Liiri will continue in her position until ...
Op-ed: Your kids need a Roth IRA. It's the 'golden egg' savings vehicle for young people
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A retirement catch-22 and health savings accounts
A large IRA withdrawal or capital gains from the sale of a home, for example, will boost your Medicare premiums if you go ...
How the 30-Day Savings Rule Can Help You Stop Overspending
The 30-day savings rule is a money-saving technique that aims to curb impulse purchases that lead to regret. In short, it ...
Difference Between Savings Account and Emergency Fund, According to Financial Activist Dasha Kennedy
Most Americans have different bank accounts to serve different needs, from basic checking accounts for daily transactions to ...
DWP bank account checks will look for savings higher than these legal limits
New powers for the DWP to monitor bank accounts will look for any signs of benefits being overpaid to those who aren't ...
6% Interest Savings Accounts: Your Complete Guide
Two banks, Digital Federal Credit Union and Mango Financial, offer 6% interest savings accounts, but they have deposit limits ...