Auto-renewing a CD is convenient, but it may be a good idea to compare rates and consider alternative options.
Certificates of deposit (CDs) often offer the best rates for savings. However, to get the highest annual percentage yield (APY), you need to agree to keep your money with the financial institution for ...
The interest rate environment has created an interesting paradox for savers this year. While certificate of deposit (CD) rates have cooled from the peak highs that occurred in 2023 and early 2024, ...
Kelly is a former editor for CNET Money covering banking. She has over 10 years of experience in personal finance and previously wrote for CBS MoneyWatch covering banking, investing, insurance and ...
There’s a high probability that the Federal Reserve will cut interest rates at its September 16-17 meeting, according to interest rate traders. Indeed, the CME FedWatch Tool indicates an 87.1% ...
Rates for certificates of deposit can range quite a bit these days. While the latest government data shows that typical deposit rates range from just 0.23% to 1.76%, dozens of promotional terms far ...
If I were putting money into certificate of deposits (CDs) right now, I wouldn't wait. The Fed is expected to start cutting rates later this month, and once that happens, today's best CD yields will ...
The clock is ticking. The next Federal Reserve meeting concludes on Sept. 17, and most experts expect a rate cut to be announced at that time. For savers, that's bad news: High-yield savings accounts ...
Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...