The Federal Reserve announced that it lowered interest rates by 0.25 percentage points, its first rate cut since December 2024. CBS News MoneyWatch correspondent Kelly O'Grady and White House ...
The top fixed savings rates are continuing to fall following the Bank of England’s base rate cut earlier this week but experts say savers still have room to beat inflation – if they’re willing to shop ...
Despite pressure from President Donald Trump for immediate cuts, and a pair of rare dissents, the Federal Reserve is sticking to its wait-and-see approach. Fed Chair Jerome H. Powell announced on July ...
Keeping checking and savings in one place can simplify transfers, cut fees, and make managing your money easier. Here's how ...