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.
During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak in late ...
Aug 25 (Reuters) - Panama's economy is expected to grow this year as the impact from the closure in late 2023 of First Quantum Minerals' (FM.TO), opens new tab Cobre Panama copper mine fades, and ...
Explore Bill Gates' investing strategies for beating the market. Learn about diversification, patience, and smart stock picks for long-term wealth. U.S. Navy raids tuna boat in Caribbean, Venezuela ...
The average rate on a 30-year U.S. mortgage fell again this week, extending a recent trend that should give prospective homebuyers more purchasing power. The long-term rate eased to 6.5% from 6.56% ...
If you've been meaning to open a high-yield CD, now's your moment. With wide expectations of a Federal Reserve rate cut at the upcoming September 17 meeting, we may be nearing the end of this ...
Getting the best rate as a saver has been a little more difficult since the Federal Reserve started cutting its benchmark rate toward the end of 2024. Since the beginning of 2025, Fed officials have ...
NEW YORK--(BUSINESS WIRE)--Today, Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance ...
WASHINGTON — U.S. job growth weakened sharply in August while the unemployment rate increased to 4.3%, confirming that labor market conditions were softening and sealing the case for an interest rate ...