Cash News As interest rates begin to fall following the Fed’s recent rate cuts, it’s more important than ever to ensure you’re earning a competitive rate on your savings. One option you may want to consider is a money market account (MMA). These accounts are similar to savings accounts — they offer interest on your […]
CD rates today, February 27, 2025 (lock in up to 4.50% APY) #CashNews.co
Cash News If you’re looking for a secure place to store your savings, a certificate of deposit (CD) may be a great choice. These accounts often provide higher interest rates than traditional checking and savings accounts. However, CD rates can vary widely. Learn more about CD rates today and where to find high-yield CDs with […]
The 30-year rate inches closer to 6.25% #CashNews.co
Cash News Most mortgage rates haven’t moved much since yesterday. However, according to Zillow, the 30-year fixed mortgage rate has decreased by three basis points to 6.32%. This may be a small daily drop, but it means the 30-year rate has fallen by 32 basis points in two weeks. There’s no guarantee that interest rates […]
Best savings interest rates today, February 27, 2025 (top account pays 4.50% APY) #CashNews.co
Cash News If you’re looking to supercharge your savings, a high-yield savings account could provide a competitive return to help your balance grow faster. However, not all banks offer high rates, which is why it’s important to shop around and find the most competitive savings interest rates available. Read on to learn more about where […]
India has undermined a popular myth about development
Thirty years ago Siddharth Dube, a writer, visited a small village in northern India near the site of a historic peasants’ revolt. He found plenty that remained enraging: mud huts, primitive ploughs, “barefoot old men” and “bone-thin children”. One older villager, Ram Dass, recalled the bitter deprivation of his younger years, when he would work […]
How to get rich in 2025
“A single man of large fortune; four or five thousand a year. What a fine thing for our girls!” In “Pride and Prejudice” Jane Austen did not have to explain to the 19th-century reader what Mr Bingley’s “four or five thousand a year” meant, or why it excited Mrs Bennet. It was obvious. Mr Bingley […]
How India escaped extreme poverty without an industrial miracle
Thirty years ago Siddharth Dube, a writer, visited a small village in northern India near the site of a historic peasants’ revolt. He found plenty that remained enraging: mud huts, primitive ploughs, “barefoot old men” and “bone-thin children”. One older villager, Ram Dass, recalled the bitter deprivation of his younger years, when he would work […]
How cheap can investing get?
THE BATTLE between the world’s two largest exchange-traded funds has reached a pivotal moment. On February 18th VOO, an ETF tracking the S&P 500 that is managed by Vanguard, a giant passive-investing firm, took the crown as the world’s largest. Days later SPY, an ETF managed by State Street Global Advisors, another giant, reclaimed it. […]
Meet Trump’s fiercest opponent: the bond market
One of the biggest fears about Donald Trump’s approach to the economy was that he might try to undermine the Federal Reserve’s independence and press it to cut interest rates. So far that has not come to pass. Instead, he has set himself an even tougher challenge: persuading investors that market-determined rates should come down. […]
What is a mortgage lien, and how does it work? #CashNews.co
Cash News A mortgage lien is a legal claim that grants your lender the right to your property if you fail to repay the home loan. When you take out a mortgage loan, you agree to have a lien placed on your property, which financially protects the lender if you default on the loan. Here’s […]