CashNews.co damircudic / Getty Images You’re just starting out with investing and have $5,000 ready to put into the stock market. Where should you invest that first $5,000 for solid long-term returns? To find out, we spoke with Rachel Burk, a financial advisor with Offit Advisors. Burk’s advice to new investors is to stick to […]
CashNews.co Alex Kreger, UX Strategist & Founder of the financial UX design agency UXDA, designs leading banking and fintech products in 37 countries. getty In an era where personalization is the buzzword of digital banking, many financial tools promise a tailored experience but deliver something far less impressive. They might know customers’ names and track […]
CashNews.co The Supreme Court on Monday declined to review a challenge to Alaska’s Ballot Measure 2, a voter-approved law requiring more transparency in campaign donations. Passed in 2020, the measure introduced several changes to Alaska’s election system, including ranked choice voting, nonpartisan primaries, and stricter disclosure rules aimed at addressing “dark money”—political spending by groups […]
CashNews.co In an interview with Euronews’ Europe Conversation, Carlos Cuerpo spoke of the economic impact of recent devastating floods, and how Europe should respond to US President Donald Trump ADVERTISEMENT Spain never U-turned on the issue of imposing car tariffs on Chinese electric vehicles, its finance minister has told Euronews, despite last-minute calls from Prime […]
Cash News Costco (COST) has added new products to its catalog, and they may someday rival the famous rotisserie chicken in popularity. The club store now sells gold bars, silver coins, and platinum bars — three precious metals that many investors use to diversify their wealth. The timing of Costco’s move into precious metals has […]
CashNews.co At the top of the list of measures to be agreed at the United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, is the New Collective Quantified Goal (NCQG) on climate finance, which will support climate action in developing countries after 2025. The main concern will be setting contribution targets for developed countries. But another crucial […]
Cash News Mortgage rates continue to increase. According to Zillow, the current 30-year fixed mortgage rate and 15-year fixed interest rate have each risen by 10 basis points to 6.64% and 5.98%, respectively. Rates probably won’t significantly decrease by the end of 2024, and the outlook for 2025 is murky. Today could be a relatively […]
Cash News This month, the Federal Reserve finally reduced its target interest rate. This will have 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 […]
CashNews.co Social unrest gripping Hong Kong has affected the city’s economy and businesses, and the unemployment rate is likely to rise from current levels, Financial Secretary Paul Chan said in a blog post. In the Chinese-language post on his website, Chan said many local retail and catering businesses had experienced a “sharp decline” in business, […]
Cash News The Federal Reserve cut the federal funds rate this month, which means deposit rates will soon follow. It’s more important than ever to ensure you’re earning the highest rate possible on your savings, and a high-yield savings account could be the solution. These accounts pay more interest than the typical savings account — […]