Jerome Powell’s press conferences—sometimes market-moving events—have attracted less notice of late. With Donald Trump in the White House, the chair of the Federal Reserve faces competition for attention. Yet a recent inflation reading has returned prices to the public eye. In January America’s “core” consumer price index, which strips out volatile food and energy costs, […]
How to start a savings fund for a baby #CashNews.co
Cash News As a new parent, there are many details to plan for. Yet saving for your child’s future is an important financial responsibility that you may want to start preparing for sooner rather than later. The good news is there are many options available for starting a savings fund for your baby. And even […]
What is a car insurance premium, and how is it calculated? #CashNews.co
Cash News Car insurance provides crucial protections for motorists in the event of an accident or if their cars are stolen. Car insurance isn’t just a good idea — it’s mandated by law in 48 states and Washington, D.C. To pay for that protection, you are charged a car insurance premium. The premium you pay […]
A basic credit-builder card with a low minimum deposit #CashNews.co
Cash News Having poor credit — or no credit at all — can make everything from qualifying for an apartment to getting a new cell phone more difficult. But a secured credit card, such as the Secured Self Visa® Credit Card, can help you establish and rebuild your credit. Previously, Self only allowed customers of […]
As a personal finance expert, this is the worst savings advice I see on social media #CashNews.co
Cash News As a personal finance writer, my social media feeds are flooded with content from personal finance influencers — or “finfluencers” — offering users the best tips for paying down debt, getting rich quick, and the like. While some of this advice can be useful, I sometimes come across tips that make me do […]
30-year rate down 15 basis points this year #CashNews.co
Cash News Mortgage interest rates have decreased a bit since the beginning of the year. According to Zillow, the average 30-year fixed rate has fallen by 15 basis points to 6.53%, and the 15-year fixed rate is down 17 basis points to 5.87%. Rates shouldn’t nosedive in the near future. You may want to start […]
Best money market account rates today: February 18, 2025 (earn up to 4.75% APY) Money market account interest rates today are well above historical norms. Find out where to get the best MMA rates. #CashNews.co
Cash News Best money market account rates today: February 18, 2025 (earn up to 4.75% APY) Money market account interest rates today are well above historical norms. Find out where to get the best MMA rates. Read More #cashnews #newsfinace #finance #FollowsCashnews
CD rates today, February 18, 2025 (Lock in up to 4.40% APY) #CashNews.co
Cash News The Federal Reserve lowered the federal funds three times in 2024. As a result, deposit account rates are on the decline. The good news: You can lock in a competitive return on a certificate of deposit (CD) today and preserve your earning power. In fact, the best CDs still pay rates above 4%. […]
Best savings interest rates today, February 18, 2025 (top rate at 4.75% APY) #CashNews.co
Cash News The Federal Reserve reduced its target interest rate three times in 2024. As a result, high-yield savings account rates have been falling. That said, some of the best accounts still pay above 4% APY. In order to get the highest interest rate possible on your savings, it’s important to do your research and […]
Will Europe return to Putin’s gas?
The first proper winter in three years had already reignited energy debates. With temperatures frigid and Asian competition for supplies fierce, the spot price at the Dutch Transfer Title Facility (TTF), Europe’s gas-trading hub, hit €58 ($61) per megawatt hour (MWh) on February 10th, its highest in two years (see chart). Then, on February 12th, […]