Series I savings bonds have drawn a lot of attention over the last few years as inflation flew. Back in 2022, billions of dollars of I-bonds were sold when their interest rate ran up to 9.62%. As inflation has slowed, so, too, have returns on I-bonds. The current rate on I-bonds is just 3.11%, putting

Did you open a CD with a stellar APY only to have it called back before its maturity date? If you have what’s known as a “callable CD,” you may not have actually locked in that high CD rate for the entire term. Typically, callable CDs offer higher rates than traditional CDs, but they require

Markets surged in the aftermath of the presidential election, and while it’s true that long-term investors have done well regardless of which party holds the White House, traders and tacticians have very different incentives and time frames. Capital is rarely destroyed, but it does move around. As such, the potential implications for asset prices and

If a government watchdog has its way, it may be easier to fire your bank in the coming years. The Personal Financial Data Rights rule will improve consumer security and privacy, adding safeguards to financial information. The rule will also simplify the safe transfer of customer data, so if you don’t like one bank’s saving

It’s great being your own boss — until you have to wade through the alphabet soup of SEP IRAs and other retirement plans. Whether you’re a full-fledged small-business owner, have a side hustle or receive 1099’s as a freelancer or gig worker, there are several smart ways to save for retirement specifically designed for the

Rates on high-yield savings accounts are still high, with some offering up to 5%. If you plan to take advantage of high interest rates this year, you might be wondering if your high-yield savings account interest is taxable. The answer is yes, but these types of accounts can offer the potential for significant savings, so

During periods of high inflation like the one we’ve been living in, it can be a real challenge to find safe investments that will pay off without lagging the economy horribly. This is where investments like Series I savings bonds, better known as i-bonds, come in. However, there are some important things to learn before

Some investors have owned Series I savings bonds (I bonds) for many years, and the 30-year maturity date is approaching. Others bought Series I savings bonds in recent years to insulate their portfolios from inflation and the ups and downs in the stock market.  Whether you are a recent investor in I bonds, have owned

Are banks open on Veterans Day in 2024? That’s a question plenty of folks are wondering just ahead of the holiday that honors those who have served in the military. The answer is no, banks are not open on Monday, November 11. Veterans Day, which is known as Armistice Day or Remembrance Day in other

Copper prices rose on Wednesday (September 24) after Freeport-McMoRan (NYSE:FCX) announced that operations will remain halted at its Grasberg copper-gold mine in Indonesia. The mine was shut down on September 8 following the ingress of 800,000 metric tons of wet material, which trapped seven workers. The bodies of two workers have since been recovered, and