The APY and the interest rate are two key figures to know when storing money in a savings account or other interest-earning bank account. Both are expressed as percentages, but an account' ...

The best high-yield savings accounts continue to offer up to 5.00% APY -- for now. Grab one while you can before another potential rate cut next week.

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Amanda Bellucco-Chatham is an editor, writer, and fact-checker with years of ...

For the first time in 2025, traders are forecasting a cut in interest rates at the next FOMC meeting. That means that rates on most banking products, which have already been on the decline recently, ...

Short-term, 6-month certificate of deposit yields are down 29 basis points in the past year to an average of just 1.51% APY, according to the latest government data. But banks and credit unions ...

For parents, a kids savings account allows them to teach their children about finances in a more meaningful way than a simple dinner-table lecture. Kids can make deposits and withdrawals and watch ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

Inflation has eased, but is still running high. Here's an easy way to tell if your savings account is losing ground, along with a simple move to help your money hold its value.