How to Buy I Bonds

Source: CNET If you’ve been following the rates on different saving and investment products over the past couple years, you may have considered buying I bonds. Between May and October 2022, I bonds were earning a record 9.62% in annual interest. “I bonds have exploded...

Apple’s 4.15% Savings Account Marks Golden Age of Cash

Source: Bloomberg After years of low rates, high-yield savings accounts are having a moment. This week, Apple Inc. introduced a new product with Goldman Sachs Group Inc. that will allow Apple Card holders to earn a 4.15% annual yield, with no fees or minimum deposit...

How to Protect Your Money With Banks Facing Turmoil

Source: Bloomberg After the collapse of three US banks, trouble at Credit Suisse is fueling concerns about broader financial problems. Here’s what you can do. A Credit Suisse office in New York. Photographer: Stephanie Keith/Bloomberg By Claire Ballentine, Charlie...

Bloomberg Wealth: Tips for Securing a Lower Mortgage Rate

Source: Bloomberg Anyone who thinks they can’t beat the latest spike in mortgage rates needs to read this helpful story. It shows how lenders are offering hopeful buyers incentives to ease the sting of borrowing costs that rose Thursday for a fourth straight week,...

Bloomberg Wealth: Don’t Let the Fed Give You FOMO

Source: Bloomberg The Federal Reserve is slowing down. Don’t let that get your hopes up. It’s the message financial advisers and analysts had for me this week when I asked them what to make of the state of the markets. On Wednesday, the Federal Reserve increased...