Cash News Move over, inflation — stagflation is the latest economic concern plaguing Americans. The term stagflation refers to a triple threat of not-so-great economic indicators: rising prices, sluggish economic growth, and high unemployment. And recently, experts have worried that the U.S. economy is exhibiting signs of potential stagflation, especially in light of the Trump […]
Cash News Even when you know tax day is coming, the deadline has a funny way of creeping up on you. As April begins, taxpayers with a tendency to procrastinate are officially entering crunch time. April 15 is the last day to file your 2024 federal income tax return on time to the Internal Revenue […]
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 […]
Cash News If you’re looking to supercharge your savings, a high-yield savings account could provide an above-average return to help your balance grow faster. However, not all banks offer high savings account rates, which is why it’s important to shop around and find the most competitive savings interest rates available. Read on to learn more […]
Cash News Some mortgage rates have decreased today while others have increased, but either way, most of the shifts are minor. For example, according to Zillow, the 30-year and 15-year fixed interest rates are each down one basis point to 6.49% and 5.85%, respectively. Meanwhile, the 20-year fixed interest rate is up four basis points […]
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 where CD rates stand today and how to find the […]
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Donald Trump has promised to impose sweeping tariffs on imported goods on April 2nd, dubbing it “Liberation Day”. The car industry got a preview of what is in store a week earlier, when on March 26th America’s president said he would charge hefty levies on imported cars and parts. The aim is to restore carmaking […]
Cash News Money market accounts (MMAs) can be a great place to store your cash if you’re looking for a relatively high interest rate along with liquidity and flexibility. Unlike traditional savings accounts, MMAs typically offer better returns, and they may also provide check-writing privileges and debit card access. This makes these accounts ideal for […]
Cash News The Federal Reserve reduced its target interest rate three times in 2024. This had a ripple effect on deposit account rates, which means now could be your last chance to lock in today’s high rates with a certificate of deposit (CD). Here’s a look at today’s CD rates and where you can find […]