With the Fed poised to cut interest rates next week, the ripple effect will show up in certificates of deposit and high-yield savings accounts, which currently offer rates of more than 5%.

Let's look at who stands to lose money from a Fed interest rate cut -- and how much lower interest rates can hurt your savings. Savings account APYs are not fixed. The interest you earn on a ...

Three interest rate cuts in, the Bank of Canada is now firmly entrenched in an easing cycle that has major implications for where Canadians’ money can earn them the best returns. The shift from ...

A rate cut can have a huge impact on your finances, including how much you pay to borrow and save money. Liliana Hall is a writer for CNET Money covering banking, credit cards and mortgages.

Here's what that means for you. Dashia is a staff editor for CNET Money who covers all angles of personal finance, including credit cards and banking. From reviews to news coverage, she aims to ...

The Federal Reserve finally cut interest rates this week. It comes after years of aggressive inflation fighting from the central bank. While it will take time to feel the impact of the cuts ...

CFG Bank High Yield Money Market Account Best for no fees: Bask Interest Savings Account Best for no minimum deposit: Newtek Bank Personal High Yield Savings Best for checking/savings combo ...

This investment vehicle involves depositing a predetermined sum of money for a specified duration ... deposits – Check details Fixed Deposit interest rates up to 9% – Compare the latest ...

So your money is always ready when you need it. But unlike regular checking accounts that typically pay no interest, high-yield checking accounts have interest rates that out-do many traditional ...

Our experts picked Quontic Bank‘s Money Market account because it has a competitive tiered interest rate structure and comes with a debit card offering access to over 90,000 ATMs nationwide.

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Your wallet, explained. Sign up for USA TODAY's Daily Money newsletter. The central bank reduces interest rates to trim consumer and business borrowing costs, jolting a weak economy or propelling ...