Democratic Rep. Jason Crow of Colorado, an Afghan war veteran, told “Face the Nation with Margaret Brennan” that he would not support an Iran war supplemental before Congress, but pushed back against the suggestion that he does not support the troops. “What I’m not going to do is just throw money at the Iran war,” … Read more
Savers looking to earn a high interest rate have three primary accounts to consider right now. dontree_m/Getty Images Saving a five-figure amount of money isn’t always easy to do. But in the economic climate of recent years, in which inflation surged, interest rates rose alongside it, and the expenses of everyday living became difficult to … Read more
NEW YORK — JPMorgan Chase said Wednesday that it will start building wealth advising services that help athletes who come into money as a result of their talents make that money work for them a long time. The initiative is not aimed just at ultrawealthy athletes of legend. The initiative is aimed at athletes across … Read more
The road to the U.S. Capitol proved to be very expensive for some candidates in the Illinois primary elections. Ads, mailers and other campaign elements can cost millions. The CBS News Data Team analyzed vote totals and dollars spent by the top candidates and made some fascinating discoveries. In the race for U.S. Senate, the … Read more
Savers should carefully weigh their account options before depositing a large, six-figure amount into either. porcorex/Getty Images In a traditional economic climate, depositing a five-figure amount of money into a savings account may not have made much financial sense. And depositing a larger, six-figure amount of money should have typically been avoided. But the economic … Read more
Interest earnings with a money market account will pile up over time, especially if the account is left untouched. RixSix/Getty Images In the elevated interest rate landscape of recent years, savers could be forgiven for exclusively focusing on certificate of deposit (CD) accounts. After all, at points in 2023 and 2024, rates here were as … Read more
From budgeting to investing and saving, people are turning to artificial intelligence for help. A recent survey shows 66% of Americans have turned to AI to seek financial advice. CBS News business analyst Jill Schlesinger explains best practices on how to incorporate technology into your financial life. Source link
Alleged Latin American narco trafficker Sebastian Marset made his first appearance in a U.S. court on Monday after being handed over to the American authorities. Marset, 34, a Uruguayan national, faces money laundering conspiracy charges connected with his alleged cocaine trafficking organization. Marset, who eluded police for years, was captured in Bolivia last week and … Read more
The choice between a high-yield savings and money market account can come down to user preference now. Zen Rial/Getty Images If you had a goal of saving up a few thousand dollars in recent years – and achieved it – you may now be ready to move on to the next step: searching for a … Read more
Money market accounts could make sense in today’s rate landscape, but are they really the best option for savers? Andrii Yalanskyi/Getty Images The best place to park your savings right now might not be the account you’ve been hearing about. High-yield savings accounts have dominated the conversation among savers for the better part of two … Read more