I am not a young buck, that's for sure. And yet, even so, I recently opened my very first CD. You might be wondering, "Why would someone over 40, in their prime earning years, open a CD instead of ...

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.

A certificate of deposit (CD) is a type of savings account offered by credit unions and banks. Typically, these accounts have ...

As your CD matures, one wrong move could leave you stuck with a low rate for months or years. Here’s how to keep your ...

I just moved $20,000 from my high-yield savings account into a 12-month CD, both earning 4.00% APY. On paper, this swap doesn't accomplish much, but the real advantage comes from what appears likely ...

The Federal Reserve Chair just dropped a big hint about rate cuts. During a speech at Jackson Hole on Friday, Jerome Powell suggested that the bank may begin lowering its benchmark rate soon. When the ...

Curious how much money Americans keep in their checking and savings? The latest data shows where you fall by age, household, ...

Here's some business news in the Missoula area: The nonprofit Downtown Missoula Partnership says business development in downtown has been robust in the first six months of 2024, with 14 new ...

We independently review everything we recommend. When you buy through our links, we may earn a commission. Learn more› By Brent Butterworth Brent Butterworth is a writer dedicated to audio gear. He ...

My father-in-law just pulled $50,000 out of the stock market. He said he's "nervous" about where the economy is headed (aren't we all) and wants some money on the sidelines over the next few years.

Over the past few years, CD rates have been pretty enticing. Locking in a 4.00%+ APY sounds like a great way to grow your savings, especially with widely expected rate cuts coming soon. But, some top ...