The Federal Reserve lowered interest rates again this week, which means savings rates could dip soon. Rates for high-yield savings accounts now average 4.32% APY. Even if rates aren’t as high as they were a year ago, experts still recommend a high-yield savings account for short-term savings goals. The Federal Reserve cut interest rates yesterday, which…
ADDED SUPPORT … Applicants can receive an interest rate reduction on new or existing operating loans PUBLISHED ON December 18, 2024 The Ohio Treasurer’s office will be offering an enhanced Ag-LINK application window for counties most affected by the drought. (Courtesy Image) COLUMBUS, Ohio — As farmers plan for the upcoming growing season, many are facing…
PORTLAND — In the spirit of giving this holiday season, several Norway Savings Bank “elves” made a special visit to Preble Street in Portland on Wednesday, December 11, delivering a surprise “Helping Hands” donation of $3,000 to support the organization’s mission of providing services to and empowering people who are experiencing problems with homelessness, housing,…
While rate cuts have reduced what savers can earn with CDs, there are still valuable options to explore now. Getty Images Expectations that the Federal Reserve would cut its benchmark interest rate yet again became a reality on Wednesday when the Fed did just that, issuing a 25 basis point reduction. That brings the federal…
Key Takeaways In an all-but-certain move, the Fed announced today that it’s lowering its benchmark interest rate by another quarter point, following September and November reductions totaling 0.75 percentage points. Though the top high-yield savings account is still paying 5.00%, today’s Fed move will push most banks to lower their rates. Because CD APYs are…
The newly introduced act in the House of Representatives takes aim at one confusing process for 401(k) plan participants weighing their distribution options. A new bill put forward in the House of Representatives aims to cut down on confusion for older Americans as they make crucial retirement savings decisions. The Retirement Simplification and Clarity Act, co-authored…
The largest physician-led clinically integrated network in the Gulf South region reports gains in diabetes and cancer care, lower healthcare costs, and expanded access to care. NEW ORLEANS, Dec. 18, 2024 /PRNewswire/ — Ochsner Health Network, LLC (OHN), the region’s largest physician-led clinically integrated network, is pleased to report its 2023 – 2024 impact resulting from care…
The Federal Reserve cut rates for the third time since March 2020 at its December meeting. You can still earn as much as 5% APY with today’s best savings accounts and CDs. Experts expect more rate cuts in 2025, so locking in a high-yield CD can help you maximize your earnings. As expected, the Federal…
Mystery drones are the talk of the nation: Video That buzzing coming out of New Jersey? It’s unclear if it’s drones or something else, but for sure the nighttime sightings are producing tons of talk, a raft of conspiracy theories and craned necks looking skyward. Associated Press York County commissioners kept taxes steady by approving…
In many ways, gauging the impact of the Federal Reserve lowering interest rates is like predicting when ice will thaw. We know something’s happening, but it takes a while, and there’s not much to look at. Counting today, the Fed has cut short-term interest rates three times in this cycle, including a jumbo half-point discount…
