Discover the secret to retiring a millionaire by harnessing the power of compound interest, which Albert Einstein once called ...
Don't deposit $10,000 into either account type before knowing the interest-earning potential each offers right now.
Say you start with $1,000 and earn a 5% return annually. After the first year, you will have earned $50, which is nice, but ...
The opportunity to lock in a high-rate CD account is closing. Here's why savers should open one in early October.
Here’s how the Rule of 72 works: Divide 72 by your expected annual interest rate (as a percentage, not a decimal). The answer is roughly the number of years it will take for your money to double. For ...
Alberto Musalem, president of the St. Louis Fed, (left), and Federal Reserve governor Stephen Miran. (Kent Nishimura/Bloomberg News; Graeme Sloan/EPA/Shutterstock) A bevy of Federal Reserve officials ...
A cut in federal interest rates won’t necessarily mean better mortgage rates or lower prices for Utahns looking to buy a home, industry experts say. The Federal Reserve cut its benchmark interest rate ...
Stephen Miran, who joined the central bank last week, said he believed rates should be around 2.5 percent, or about two percentage points lower than they now are. By Colby Smith President Trump wants ...
Mortgage rates decreased again on Thursday, reaching a new 11-month low, a day after the Federal Reserve lowered its benchmark interest rate for the first time in nine months, as was widely expected.
At its September meeting, the central bank lowered rates by 25 basis points to a target range of 4%-4.25%, in line with expectations. Intel Corp. was the standout ...
This is an adapted excerpt from the Sept. 17 episode of “Deadline: White House.” On Wednesday, Donald Trump got what he wanted: The Federal Reserve announced it would cut interest rates a ...