Por: CBS News Business September 23, 2022
Interest rates are rising, with the Federal Reserve on Wednesday for the fifth time this year to a . But Americans hoping to profit from a similar rise in their savings accounts rates have been out of luck this year. To be sure, savings account rates have increased, but they are lagging the pace set by the Federal Reserve — as well as the hikes witnessed in other interest-based products, like mortgages and credit card rates, which have both... + full article
Orlando Sentinel USA Crime September 24, 2022
With a new federal law providing tax breaks for renewable energy, Florida Power & Light on Friday asked state regulators to approve a plan that would pass along an estimated $384.1 million in savings to customers over the next three years. The plan, which would start with a $25... + más
FPL urges safety as Ian approaches | Orlando Sentinel
'There will be challenges,' FPL president says of Hurricane Ian | WPTV
The Hill USA Politics September 24, 2022
Lawmakers want to know why interest rates on savings accounts aren’t rising as fast as the Federal Reserve’s baseline interest rate range. We’ll also look at GOP resistance to a key priority for Sen. Joe Manchin (D-W.V.) and up to $45 billion in pandemic relief fraud. ... + más
Ally vs. Marcus vs. Wealthfront: How 3 of the most popular high-yield savings accounts stack up | Business Insider
Interest rates are going up. So why is your savings account still paying 0.13%? | CBS News
CNN USA Business September 22, 2022
This is an updated version of a story that originally ran on August 26, 2022. In its continued bid to quash high inflation, the Federal Reserve on Wednesday the overnight bank lending rate to a range of 3% to 3.25%. It is the fifth increase by the US central bank in six months... + más
How steep Fed rate hikes affect your finances | 10 WBNS
How steep Fed rate hikes affect your finances | ABC News
Mortgage rates jumped higher for the fifth week in a row, further pushing past 6% in the face of yet another aggressive interest rate hike by the Federal Reserve. More from Financial Empowerment The 30-year fixed-rate mortgage averaged 6.29% in the week ending September 22, up... + más
Average US long-term mortgage rates climb to 6.29% this week | ABC News
Average US long-term mortgage rates climb to 6.29% this week | Associated Press
ABC News USA Business September 21, 2022
NEW YORK -- Mortgage rates have jumped, home sales have slumped and credit cards and auto loans have gotten pricier. Savings rates are slightly juicier, though.As the Federal Reserve has rapidly increased interest rates, many economists say they fear that a recession is... + más
High inflation in sight, Fed to signal more rate hikes ahead | ABC News
How much 'pain'? Fed to signal more rate hikes ahead | Associated Press
Associated Press USA Business September 21, 2022
NEW YORK (AP) — , home sales have slumped and credit cards and auto loans have gotten pricier. Savings rates are slightly juicier, though.As the Federal Reserve has , many economists say they fear that in the coming months — and with it, job losses that could cause hardship... + más
High inflation in sight, Fed to signal more rate hikes ahead | Associated Press
ABC News USA Politics September 21, 2022
For Emily and Michael Brown, hit close to home.The Browns had been renting a two-bedroom apartment in Washington, D.C., when their now-6-month-old daughter was born. Eager to upgrade to a bigger space, the couple wanted to put their savings to use buying their first home.But as... + más
US markets sink ahead of another expected interest rate hike | ABC News
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