After a couple of years of spiking interest rates in the wake of the pandemic, yields on savings accounts have been falling since late 2024, when the Federal Reserve began trimming its benchmark rate.

Although the average national deposit rate for savings accounts is stuck at just 0.40%, some banks and credit unions are boasting high-yield saving accounts paying far, far more. (You can see some of ...

Economic conditions are uncertain right now. Interest rates are high, and inflation has been ticking up in recent months. To top it off, the Federal Reserve is poised to cut rates for the first time ...

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