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Investment regulators will continue to focus their attention on sales of complex products--including structured products, hedge funds and esoteric products known as steepeners--as well as a variety of issues regarding private-equity funds ...
As consumers in the Northeast begin to tally the financial impact of this week’s devastating storm, they’re getting one small piece of good news: The storm has spurred some banks to give affected customers a break on fees.
With interest rates stuck at rock-bottom levels, retirees and soon-to-be retirees are hungry for better returns on their low-risk investments.
It isn't fun being a saver these days. The fragile economic recovery, weak housing market and tight lending standards all underscore the need for an ample emergency fund to ride out a job loss, unexpected expense or other temporary ...
We goofed. That is the message Ally Financial is delivering to some of its customers. The online lender mistakenly failed in December to credit year-end interest earned by some savers who hold its certificates of deposit. The company also ...
BOSTON (MarketWatch) — The Federal Reserve has telegraphed the future of interest rates and inflation, and here’s the takeaway: “Money-market funds are the Stupid Investment of the Week.”
At least one fear gauge shows that investors were more scared in 2011 than in the dark days of 2008. According to investment-research firm Morningstar, a portfolio of U.S. Treasurys with an average maturity of 20 years—the quintessential ...
Yields on certificates of deposit were mostly unchanged in the latest week. The average yield on six-month "jumbo" CDs, which typically require deposits of $95,000 or more, remained unchanged from a week earlier at 0.24%, according ...
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Federal Reserve Chairman Ben Bernanke has put the financial world on notice: Brace for two more years of rock-bottom interest rates. That is great news for borrowers, but it promises rough going for anyone seeking returns from fixed-income ...
Cash-strapped Americans are bracing for a further squeeze following last week's downgrade of U.S. government debt, as interest rates on deposits continue to fall and some borrowing costs edge higher.
The raucous debate in Washington over raising the U.S. debt limit has raised fears about a possible shock to the financial system. That makes it a good time to review your savings accounts and other bank deposits to make sure the cash you ...
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With interest rates remaining stubbornly low, a number of banks are trying to breathe life into a savings product that has been out of favor with consumers for years: the certificate of deposit.
Think your estate planning is done once you've gone to the trouble of making a will? Think again. All your hard work can be undone with a stroke of a pen when you open a bank, brokerage or retirement account.
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As worries grow about the euro zone's sovereign-debt crisis, U.S. money-market funds have cut investments in the region's banks and shifted money to financial institutions in Norway, Sweden and Canada.
Credit unions increasingly are opening their doors to a broader group of people—and offering deals that handily beat those offered at fee-heavy big banks.
Yields on certificates of deposit were mostly unchanged in the latest week. The average yield on six-month "jumbo" CDs, which typically require deposits of $95,000 or more, remained unchanged at 0.29% in the week ended Tuesday from ...
The yield investors earn on the highest-paying certificates of deposit is now lower than the rate of inflation, meaning those investors are losing money, according to research from Market Rates Insight.