Stephen Kyriacou, who recently took on the role of head of litigation and contingent risk insurance at Willis Towers Watson, ...

Under his leadership, Sacramento State achieved significant improvements in student success metrics, including increasing four-year graduation rates from 21% to 30%, maintaining 81% one-year retention ...

At the end of a term, account owners have ten days to withdraw principal without penalty or allow a CD to renew for another term at the rate available at the time of renewal. You may also add ...

Money market accounts are a type of deposit account that typically offer high interest rates on your savings, along with the accessibility a checking account provides, such as a debit card and/or ...

You might want to open a 6-month CD if you're looking for a way to lock in a high interest rate for half a year. According to the FDIC, the national average CD rate on a 6-month term is 1.63% APY ...

In the United States, the authority to set interest rates is divided between the Board of Governors of the Federal Reserve (Board) and the Federal Open Market Committee (FOMC). The Board decides ...

In Japan, interest rates are set by the Bank of Japan's Policy Board in its Monetary Policy Meetings. The BoJ's official interest rate is the discount rate. Monetary Policy Meetings produce a ...

Prime rate at 8.5% in Jan 2024, closely follows the federal funds rate. Credit card and HELOC rates often adjust based on changes in the prime rate. Mortgage and auto loan rates are influenced by ...

The discount rate is the Fed's charge to banks for short-term loans to meet reserve needs. Changes in the discount rate influence economy-wide interest rates and monetary conditions. Fed adjusts ...

Holly Johnson is a freelance contributor to Newsweek’s personal finance team with a focus on credit cards and rewards, financial products and travel. Johnson has spent more than a decade ...

Jess Ullrich is a freelance contributor on Newsweek’s personal finance team. As a former financial editor, her expertise spans several verticals, but she particularly enjoys covering banking ...