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  While inflation has been cooling over the last few months, it has remained higher than the Federal Reserve's 2% target rate for the last few years. In turn, the Fed has held interest rates steady since raising the benchmark interest rate to a range between 5.25% and 5.50% in July 2023. While the elevated rates have weighed down the housing market, they've been a boon for savers who want to open certificates of deposit (CD) accounts with higher annual percentage...

Will a CD still be worth it after the Fed cuts rates? Experts weigh in

For most of June and July, CD shoppers could score a top nationwide rate of 6.00% APY. But that stellar offer is now gone. Today's best CD rate is 5.40%, available for 5 months. But you can lock in a return of 5.00% or better on terms up to 3 years.

Will the Best CD Rates Reach 6% Again?

Forbes Advisor

As of today, the highest money market rate is 5.15% compared to a national average rate of 0.61%. Source: Curinos. Data accurate as of August 14, 2024. Rates are based on a $10,000 minimum deposit amount. What Are Money Market Rates?. Money market rates are the interest rates you earn...

Money Market Interest Rates Today: August 15, 2024 — Rates Move Downward

If you have to take a required minimum distribution (RMD) from your retirement plan but you don't currently need the funds, here are four great places you can sock it away and earn a high, risk-free return:. High-yield savings accounts: The top nationwide rate is 5.50%. Money market accounts: This...

Forced to Take an RMD? Here's How to Safely Stash It and Earn Up to 5.50%

The Motley Fool

The Federal Reserve is widely expected to start cutting rates in September. Here's what it could mean for CDs.

Last Chance: Invest in CDs Before Rates Get Cut

The 30-year mortgage rate average fell Tuesday, to 6.43%. That's its lowest level in a week, and is not far above the 16-month low of 6.28% that was registered last week. Averages for almost all mortgage rates moved lower Tuesday. National Averages of Lenders' Best Mortgage Rates. Loan Type New...

Mortgage Rates Fall to New 1-Week Low

Lenders have been lowering their rates ahead of a hoped-for interest rate cut in August.

Mortgage rate hopes as one lender offers below 4%

The clock is ticking on high certificate of deposit rates. After months of gradually falling rates, we’ve seen the pace accelerate over the past week as recession fears and stock market panic have banks expecting a rate cut by the Federal Reserve in the near future. Fortunately, a CD...

Best CD Rates Today -- Don’t Sleep on High APYs, Aug. 14, 2024

Rates on savings accounts are mixed compared to one week ago. You can now earn 5.84% or higher on your savings. In the market for an account where you can save for a rainy day or retirement? Here’s a look at some of the best savings rates you can find today.

High-Yield Savings Account Rates Today: August 7, 2024

Camden, NJ

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Cornelius, NC

Morristown Minute

CAMDEN, N.J. – Lisa Smith, 61, of Cornelius, North Carolina, has admitted to her role in a fraudulent scheme involving over $3.5 million in Paycheck Protection Program (PPP) loans. U.S. Attorney Philip R. Sellinger announced today that Smith pleaded guilty before U.S. District Judge Karen M. Williams in Camden federal court on July 17, 2024, to a charge of bank fraud conspiracy.

Woman Pleads Guilty to $3.5M COVID Relief Scam

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  Over the past few years, mortgage rates climbed steeply compared to the record-low days of the pandemic, and that — coupled with rising home prices and high inflation — has made for quite the challenge for hopeful homebuyers. Fortunately, though, that could be changing soon.Inflation has been improving over the last three months, and mortgage rates dropped slightly in tandem. A lackluster jobs report then caused mortgage rates to dip even further, with rates hitting a 15-month low. But...

Here's how much homebuyers will save if they wait for rates to drop

Medicare enrollees will save money on 10 drugs in 2026 as a result of negotiations initiated by the Inflation Reduction Act (IRA). Large pharmaceutical firms have sued the federal court about the negotiations, but all court decisions have ruled in favor of the IRA. The federal government will continue to...

Medicare Enrollees Will See Significant Price Reductions For 10 Drugs

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Intel sold its stake in Arm during the second quarter as chipmaker works to cut costs, a filing showed. Intel recently reported a wider-than-expected loss for the second quarter and announced a $10 billion plan to cut costs that includes laying off 15% of its workforce. Analysts have questioned whether...

Intel Sells Arm Stake Amid Cost-Cutting Efforts

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  Mortgage rates have been less than ideal in recent years. Gone are the sub-3% rates of the pandemic, and in their stead, are mortgage rates in the 6% range — rates that have sent mortgage payments soaring and kept many homebuyers waiting on the sidelines.Fortunately, though, the days of high rates may be coming to a close. The Federal Reserve has indicated that cooling inflation, which has dropped consistently over the last few months, could mean that interest rate...

3 mortgage moves to make before the Fed starts cutting rates

Candy giant Mars' $35.9 billion offer for Kellanova is a fresh burst of energy for the mergers and acquisitions market. The Mars transaction is the largest M&A deal this year, according to Dealogic, ahead of Capital One Financial’s $35.3 billion deal to acquire Discover Financial Services, announced in February.

How the $35.9B Mars Bid for Kellanova Stacks Up Among Food and Drinks Deals

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J. Souza

According to cruise industry reports, the world's largest cruise ship is sailing well above 100% capacity, thanks to more beds being filled on recent sailings. Royal Caribbean’s newest flagship, the Icon of the Seas, is proving to be an unprecedented success, with occupancy rates far exceeding expectations.

The Largest Cruise Ship in the World is Sailing at 132% Capacity: How This is Even Possible

Polk County, FL

Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

The states with Tuesday's lowest 30-year new purchase mortgage rates were New York, California, Texas, New Jersey, Alaska, Florida, Michigan, and Washington. Meanwhile, the states with the most expensive averages Tuesday were Washington, D.C., Vermont, West Virginia, Nebraska, North Dakota, Maryland, Iowa, and Wisconsin. Mortgage rates vary by the state...

Today's Mortgage Rates by State – Aug. 14, 2024

Georgia State

Dublin, GA

Daily Coffee Press

Officials from the U.S. Department of Justice have announced that a 42-year-old man from Dublin, Georgia, has been sentenced to nearly 20 years in federal prison after pleading guilty to distributing fentanyl.

Georgia Man Sentenced to Nearly 20 Years for Fentanyl Distribution

NewsBreak

Top CD Rates Today, Aug. 13, 2024 - 7 Offers Pay 5.30% or More

The top CD rates have fallen in anticipation of Federal Reserve interest rate cuts, but there are still seven nationwide offers paying at least 5.30%. After...

Top CD Rates Today, Aug. 13, 2024 - 7 Offers Pay 5.30% or More

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