and they often decrease their yields when the Fed lowers rates. Savings accounts generally accrue compound interest, which ...

The reading comes just a week after the Fed cut interest rates by 25 basis points, and reiterated that future easing will be largely dependent on the path of inflation. This week’s CPI data is ...

Economists and business owners are weighing in on what it may mean for their bottom line -- and the longer-term economic outlook.

Gold prices fell for a second straight session on Monday, while investors prepared for U.S. economic data and comments from ...

The downward slope in mortgage rates, making a home purchase a little more affordable, reversed course in late September. Rates have been edging higher eve ...

President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was ...

Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according ...

President-elect Donald Trump has vowed to reduce interest rates, but the path to achieving this is largely beyond his influence. While Trump has criticized the Federal Reserve’s handling of rates, ...

The high-savings rate environment has upturned a lot of old ideas about CD vs. savings accounts. Here's how to decide where to put your money.

Retired investors still have numerous options to add to their passive income streak, while rates and yields are still on the ...

On a "core" basis, which strips out food and energy prices, CPI is forecast to have risen 3.3% over last year in October, ...

These are today's mortgage and refinance rates. Mortgage rates have remained elevated in spite of recent Fed cuts. But they ...