A $100,000 1-year CD account may be unconventional but the earnings could be worth it for some savers now. Getty Images/iStockphoto If you’re a saver with $100,000 accessible now, simply moving it into a certificate of deposit (CD) account may not seem to make much sense. The top CD interest rates, after all, sit just … Read more
A $40,000 1-year CD account will produce a substantial return for savers who maintain the account through its maturity date. skaman306/Getty Images Whether you inherited it, painstakingly saved it in the inflationary economic climate of recent years or earned it via a home sale or inheritance, you’ll have plenty of places to invest a large … Read more
A $12,000 CD account can produce a return worth hundreds of dollars for savers in a relatively short amount of time. MERTEREN/merteren/Getty Images A report earlier this month showing inflation declining in June was a step in the right direction for millions of Americans, but it also underlined the work that still lies ahead. With … Read more
A $50,000 2-year CD account can produce a significant return for savers who get started now. Thawatchai Chawong/Getty Images Certificate of deposit (CD) accounts have multiple advantages for savers but flexibility isn’t one of them. To earn interest with this unique savings vehicle, savers will need to commit to leaving their money untouched until the … Read more
Savers can easily earn hundreds of dollars in interest with a $15,000 short-term CD account opened now. Javier Ghersi/Getty Images Whether you have a small amount of money saved in your bank account now or a larger, five-figure amount, maintaining full access to those funds remains critically important. With interest rates keeping borrowing costs high, … Read more
If you’re carrying a revolving credit card balance, lowering your cards’ rates should be top of mind right now. Anastassiya Bezhekeneva/Getty Images It’s not a great time to be a credit card borrower. The typical consumer now carries a card balance of $6,577, according to TransUnion. And with the average credit card rate sitting at … Read more
A $45,000 deposit into a long-term CD account may earn more than you’d expect at today’s rates. jayk7/Getty Images Today’s rate environment may be less than ideal for borrowers who want to buy a home or pay off a credit card balance over time, but it presents an interesting opportunity for savers who have been … Read more
Before Christopher Nolan’s “The Odyssey,” there was Homer’s original epic poem. Kelly Olson, graduate chair of the Department of Classical Studies at the University of Western Ontario, joins CBS News to unpack the history of the Greek tale. Source link
A $5,000 deposit into a no-penalty CD could earn hundreds or thousands of dollars in interest over time. PATCHARIN SAENLAKON/Getty Images The past few years have been a particularly unusual stretch for savers. After spending years settling for negligible returns on traditional savings accounts, higher interest rates have made it possible to earn meaningful income … Read more
Sen. Schiff and Blanche argue about conflicts of interest, Trump’s IRS settlement – CBS News Watch CBS News Sen. Adam Schiff and acting Attorney General Todd Blanche argued over President Trump’s IRS settlement during Blanche’s Senate confirmation hearing on Wednesday. See the exchange. Source link