There's a lot to consider for both borrowers and savers after an interest rate cut is issued, as it was earlier in September by the Federal Reserve. For borrowers, a reduction, even in a minimal ...

The Federal Reserve has been consistently lowering interest rates over the last year, making a certificate of deposit (CD) account a less appealing prospect than it was in 2023 and 2024 when interest ...

In today's cooling interest rate environment, profitable savings account options are becoming scarcer. The average rate on a traditional savings account is a minimal 0.40% now. High-yield savings ...

Not sure how to open a certificate of deposit (CD) account? It’s easier than you might think. All it takes is choosing a bank, picking a term that fits your savings goals and making a deposit. Here’s ...