Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.
In recent years, savers could do no wrong by depositing money into a certificate of deposit (CD) account. With interest rates on these accounts multiple times higher than they were at the beginning of ...
Although CD interest rates vary, you’ll almost always earn more by stashing your money in a CD than in a standard checking account. For example, if you opened an 11-month CD with $1,000 at an interest ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Simonapilolla / Getty Images As a personal finance writer who's covered CDs and ...
If you're looking to save some cash, now's a good time to lock in a guaranteed, inflation-beating return before savings rates potentially dip. Why's that? The Federal Reserve is set to meet at the end ...
The Federal Reserve held rates steady on January 28, breaking a three-cut streak. That pause means banks aren't rushing to drop their CD rates just yet, so current offers should stick around for a bit ...
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