A Michigan credit union is paying locals up to 10% interest on its savings account
The best nationwide savings accounts offer around 4.50% APY, but this local credit union gives nearly twice that. Find out if ...
Analysis-BOJ's Fresh Take on Labour Crunch Opens Door for More Rate Hikes
The BOJ's increasing focus on wage-driven inflation is another sign Japan is shedding its 25-year battle with deflation and ...
Report details home mortgage lending disparities in Hamilton County, possible solutions
A new report is looking into solutions to expanding lending to Black and low-income homeowners after a study found Black households are underrepresented in the mortgage lending process.
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Dallas Fed's Logan signals rate cuts require US labor market cooling
Dallas Federal Reserve Bank President Lorie Logan on Thursday signaled she was ready to keep interest rates on hold for ...
Trump's focus on 10-year Treasury yield to cut borrowing costs raises curiosity - and problems
Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. But for ...
College-Bound? Make Sure You Open These Key Bank Accounts
Bank accounts worth knowing about before attending college include checking, savings, and CDs, each of which differ in terms of interest rates and flexibility.
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Bank of England expected to cut key UK interest rate to 4.50%
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...
Yen hits 8-week high, sterling drops after Bank of England rate cut
The dollar edged up on Thursday, but stayed close to recent lows, as traders weighed receding trade war risks and looked ...
For Société Générale, Strategy Reshuffling Pays Off
Our estimates suggest a midcycle return on tangible equity of around 6.4% for Société Générale, materially lower than our estimated cost of capital of 11.5%, which includes a 0.5% country risk premium ...
Think Twice Before Opening a CD for Your Emergency Fund—Here's Why
Although investing in a CD might be tempting when rates are high, you'll face fees and difficulty accessing the funds if you need to make an emergency withdrawal.