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 ...
For savers who've enjoyed high rates, the Fed's latest cut is both an opportunity and a challenge. Try these 7 smart moves to lock in today's best rates while staying flexible for what comes next.
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 ...
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 — ...
Canadians hoping for more relief on borrowing costs finally got their wish as the Bank of Canada announced a rate drop on its ...
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 ...