With interest rates at their highest in decades, it’s been easy for savers to safely earn interest on their money with annual percentage yields (APYs)...
Banking
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What Is Shadow Banking…and Why Does It Matter to You?
You may wonder what financial experts mean when they mention the shadow banking system. The term might remind you of expressions like “dark web” or...
Stop Paying Annoying Bank Fees
Banking fees are frustrating…and often unfair. Here’s how to determine your financial institution’s potential charges…and avoid paying them. Request disclosure. Banks are required by the...
The Bond-Fund Meltdown
Bonds are supposed to be steady, reliable, even boring investments—but they’ve created plenty of drama this year. The Bloomberg US Aggregate bond index plunged 6%...
Best Places to Stash Your Cash Now
Lift-off! After punishing savers with two years of near-zero short-term interest rates, the Federal Reserve expects to hike its benchmark rate seven times in 2022...