Remember when you could find high-yield savings accounts (HYSAs) that earned upwards of 5% APY? It seems those days are behind us, at least for now. Every time the Federal Reserve makes a rate cut — which it is likely to do at least once more before the end of the year — rates drop…
Our top picks from Best Buy’s Last-Minute Savings event The holiday season doesn’t really arrive until you find yourself panicking over finishing your gift shopping on time. Luckily, Best Buy kicked off a sale for exactly this situation, aptly named the Last-Minute Savings event. The sale started on Dec. 16 and runs through Dec. 24…
(InvestigateTV) — A 2024 Bankrate study found that not only do 77% of Americans have financial regrets, but 40% have made no progress on those regrets in the last 12 months. “What we found is the regrets about savings or maybe more accurately not saving, they outweigh the regrets about debt and spending by about…
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More than 2,000 older Americans and counting shared their financial regrets with BI. Many said they had made mistakes that led them to return to work after retirement. This is part of an ongoing series about older Americans’ regrets. After retiring less than a year ago, Sylvia, 64, is back at work. The under $2,000…
Today’s savings account interest rates are some of the highest we’ve seen in more than a decade due to several rate hikes by the Federal Reserve. However, the Fed finally cut its target rate in September and November, which means savings interest rates are beginning to fall as well. So it’s important to be sure…
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The longtime president and CEO of Skowhegan Savings Bank, David Cyr, announced he would retire at the end of 2025. According to a press release sent out Monday, Dan Tilton, who is now the vice president of sales and customer relations, has been named president and will also assume the role of CEO when Cyr steps…
Electric vans reduce costs at the point of charging. Credit: The Ford Motor Company. The Centre for Economics and Business Research (CEBR) has published a report, commissioned by Ford Pro, revealing that small businesses could save €14,000 ($14,677) per vehicle in three years by making an electric transition. This report, titled “The Economics of Commercial…
The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US Thousands of everyday investors who used banking apps to gamify personal finance have been left with mere pennies after…
