One of the biggest factors influencing current CD rates is the federal-funds rate. As the Federal Reserve began cutting its ...
Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. With inflation ...
After last year's three consecutive rate cuts from the Federal Reserve that lowered the Fed rate by a full percentage point, we've seen advertised yields on certificates of deposit follow suit. Yet ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Jen Hubley Luckwaldt has over 15 years of experience writing and editing personal ...
Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.
Rates for certificates of deposit can range quite a bit these days. While the latest government data shows that typical deposit rates range from just 0.23% to 1.76%, dozens of promotional terms far ...
If I were putting money into certificate of deposits (CDs) right now, I wouldn't wait. The Fed is expected to start cutting rates later this month, and once that happens, today's best CD yields will ...
Under presidential pressure and a lot of speculation, the Federal Reserve announced a quarter-point cut to the federal funds rate this week — the first Fed cut in nine long months. At the same time, ...
In today's economic climate, in which inflation just ticked up, interest rates are frozen at a high level and market predictions are all over the place, it can be daunting to think about where to keep ...