Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. The latter have ...
Many people use certificates of deposit (CDs) as a safe, predictable way to grow their savings. But what do you do when your CD matures? You’ll enter a short grace period where you can withdraw your ...
CDs aren’t exactly cutting-edge in 2025. Since the peak years around the turn of the millennium, sales have plummeted because streaming services like Spotify have taken over. But there are still times ...
Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.
High interest rates, while presenting a challenge for anyone looking to borrow, bring opportunities for investors and savers seeking better returns on their cash. Consumers currently can put their ...
The days of earning 5% or more on nearly risk-free certificates of deposit (CDs) are coming to an end, but for some, they could be ending even sooner than expected as banks and other financial ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (NEXSTAR) – Your old CD collection — once ...
Amid interest rate hikes, plenty of CDs are offering impressive yields of 5% and sometimes even higher. That’s a big reason many pros say that now might be the time to lock in a lofty rate — ...
(NEXSTAR) – Your old CD collection — once the centerpiece of your media center and perhaps even a physical manifestation of your personality — is now collecting dust somewhere in your basement. But it ...
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