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NerdWallet (blog)

How to Make Fed Rate Hikes Work for You
NerdWallet (blog)
This week, the Federal Reserve is expected to raise the federal funds rate for the sixth time in roughly two years. That's good news for savers: Fed rate hikes are one of several factors that can encourage certain banks and credit unions to increase ...
Understanding Inflation and the Thrift Savings PlanFEDweek

all 221 news articles »


Why you should use a high-yield savings account - CNBC.com
If you let a $10,000 deposit sit in a standard savings account for a year, you'd earn a mere dollar in interest. That's because most major banks out there offer an interest rate of 0.01 percent. But if you put that $10,000 in a high-interest savings ...

and more »


Is weak wage growth behind the low savings rate?
Wages have increased relative to where they were during the Great Recession, but the gaps between rich and poor, and between black and white, have widened. To put that into context, wage gains since the financial crisis indicate that most workers are ...

Insurance Journal

California Says Insurers Must Pass Tax Savings on to Policyholders
Insurance Journal
Insurance companies writing in California were sent a notice by the California Department of Insurance reminding them that under Proposition 103 their rates must not be excessive, inadequate, or unfairly discriminatory. The recent revision to the ...
Department of Insurance puts insurers on notice for excessive rates ...State of Reform
California Tells Insurance Companies to Pass Tax Savings to ...USA Herald
California demands insurers pass on tax savings | The Insurance ...The Insurance Insider

all 3 news articles »

Growth bond savings rates cut by NS&I - BBC News
BBC News
The bonds have proved too popular since their launch in December, NS&I says.

and more »

Arizona Daily Star

Tucson Electric tax-credit plan would save customers $3 a month
Arizona Daily Star
Tucson Electric Power Co. has filed a plan to refund to ratepayers millions of dollars in corporate income-tax savings from the latest federal tax-reform law, starting with credits amounting to about $3 a month for the typical home customer for a year ...


Despite An Improving Economy, 20% Of Americans Aren't Saving ...
The unemployment rate rests at a post-recession low, stocks flirt with all-time highs and paychecks are perking up in recent months thanks to a slight increase in wages and the implementation of the GOP tax bill. Consumers are as confident as they've ...

and more »

New York Post

Why has my interest rate gone up on my credit but not my savings?
New York Post
Dear John: I've noticed my home equity line of credit interest rate has gone from 2.24 percent to 3.49 percent. I understand that happened because the Federal Reserve has raised its rates. But why is my savings account rate stuck at 0.08 percent? I've ...

State of Reform

Department of Insurance puts insurers on notice for excessive rates with new tax savings
State of Reform
SACRAMENTO, Calif. – Insurance companies writing in California were sent a Notice reminding them that under Proposition 103 their rates must not be excessive, inadequate, or unfairly discriminatory. The recent revision to the Federal Tax Schedule for ...

Washington Post

No retirement savings? Thinking you'll just work longer? Think again.
Washington Post
“Nearly 20 percent of people age 65 plus are still working full or part-time — the highest rate since 1962,” Trent Gillies writes for CNBC. “After the end of the Great Recession, more seniors were forced to stay in the workforce longer, in order to ...

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