The Federal Reserve announced its first rate cut this year. Learn what it means for your finances and how you can take ...

Interest rates have been anything but predictable in recent years, creating uncertainty for both business leaders and consumers alike. Fluctuations can drive up borrowing costs, reduce purchasing ...

Certificates of Deposit (CDs) are emerging as a reliable financial instrument for investors seeking consistent returns ...

The APYs for CDs and high-yield savings accounts have increased quite a bit ever since the Federal Reserve started to hike ...

The Federal Reserve is dealing with a delicate balancing act, trying to do what's necessary to lower inflation without wreaking havoc on the economy. In pursuit of those economic goals, the Fed has ...

Most credit cards have variable rates with direct connections to the Federal Reserve’s benchmark. It follows that credit card rates spiked along with the Fed’s string of 11 rate hikes starting in ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

“Nothing refreshes my memory about what I need at the grocery store like coming home from the grocery store.” Remember adjustable-rate mortgages? Here at the California MBA’s Western Secondary, talk ...

For a while, it looked like mortgage rates in Canada were finally settling into a more affordable pattern. Fixed rates had been drifting downward, and variable rates were looking more attractive — ...

Tied to inflation, newly purchased I bonds will pay a 3.98% annual interest from May 1 through October 31, which is up from the 3.11% yield offered since November 1, 2024. This rate is lower than the ...