News

A proposed GOP ban on a central bank digital currency (CBDC) could pump the brakes on grand visions to reshape electronic ...
The recently passed GENIUS Act of 2025 creates a new legal framework for licensing and regulating payment stablecoin issuers. The Act is explicit in stating that an insolvent payment stablecoin issuer ...
With the average savings account paying 0.38%, according to the Federal Deposit Insurance Corporation (FDIC), it might feel a ...
Key takeawaysA money market account often combines some features of a high-yield savings account with the convenience of a checking account.Money market accounts are available through various ...
The Federal Deposit Insurance Corporation tracks monthly average interest rates paid on savings and other deposit accounts, like certificates of deposit, that offer insight into the interest you ...
And if you deposit at least $100,000 in My eBanc’s money market account, you get a 3.9% yield. Balances of less than $100,000 earn 3.4% (if your balance falls below $5,000, you’ll be charged a ...
The Senate banking committee’s top Democrat is calling on the Federal Reserve to throw out a proposed rule for the amount of money that big banks are allowed to borrow relative to their capital.
The Fed joins other U.S. bank regulators -- the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation -- in moving to drop that examination standard.
Certificates of deposit are paying up to 4.35% APY right now, offering guaranteed returns that stay fixed until maturity. These rates give you certainty about your earnings while the Federal ...