News

The Federal Reserve may cut interest rates later this year, which would mean lower rates on savings, loans, and more. Here ...
Savings account rates have remained in a relatively tight range since the Federal Reserve stopped making cuts and adopted a ...
When the Federal Reserve in June lifted the $1.95 trillion asset cap it imposed on Wells Fargo back in 2018 as punishment for ...
In separate cases, two federal judges found that neither Wells Fargo nor LPL had a fiduciary obligation to look for clients' ...
Bank deregulation boosts major banks' profitability and stock performance. Learn how it impacts lending, dividends, and ...
Give yourself the gift of a debt-free holiday by opening a Christmas Club savings account and making monthly contributions ...
While Fed rate decisions influence what you earn on savings, the type of bank and account you choose matters more than actual rate changes, making it important to pick high-yield options that respond ...
The Fed kept its key rate unchanged for the fourth straight meeting and said the economy was expanding at "a solid pace." What they're saying: "Although swings in net exports have affected the data, ...
This month, it decided to keep the benchmark rate at the same range of 4.25% to 4.50%. When interest rates are high, like they are now, the banks have to pay more to borrow money, and so do you ...
President Trump’s tariffs present the Federal Reserve with two conflicting challenges: First, they raise prices, which weakens the case for cutting interest rates. Second, they sap confidence ...
Simply put, compound interest is interest earned on interest. It’s a powerful tool to maximize your savings, and there are several types of compound interest-earning accounts to choose from. We ...