Inflation eased in the latest CPI report—but your savings still need to outpace it. Here’s the rate to watch and what to do if you’re falling short.
Savings rates are languishing behind inflation, meaning millions of savers could be losing money by leaving it in their bank accounts. Inflation rose slightly to 3.6 per cent in June, up from 3.4 per ...
Here's how Americans are planning their financial playbooks for the year ahead.
The Federal Reserve board likes to keep inflation around 2%, a number that the economy can absorb steadily without wreaking too much havoc. When it starts to rise, even by just 1%, it can begin to ...
Inflation savings bonds, called I Bonds, have two components: a fixed rate that remains with the 30-year life of the bond and a variable rate that adjusts each six months after you bought the I Bond.
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...
Recent Lear Capital commentary discusses how inflation may erode fixed returns and how market corrections could present opportunities for portfolio rebalancing LOS ANGELES, CA / ACCESS Newswire / ...
Even if you’ve been diligently saving, your money might be losing value faster than you think. Daniel Altman, economist and author of the High Yield Economics newsletter, believes that due to the ...
With inflation cooling to a six-month low of 2.4%, this weekend is an ideal time to make your money work harder by upgrading to a high-yield savings account. Today's top accounts still offer ...
It's impossible to ignore the gnawing presence of inflation, as it infiltrates almost every aspect of daily life, from the price we pay for groceries to the cost of everything from travel and car ...
Starting July 4, parents will be able to open a Trump account for any child under 18 who has a Social Security number. Parents can deposit up to $5,000 a year into a fund that tracks the growth of the ...