Certificates of deposit (CDs) often offer the best rates for savings. However, to get the highest annual percentage yield (APY), you need to agree to keep your money with the financial institution for ...

There’s a high probability that the Federal Reserve will cut interest rates at its September 16-17 meeting, according to interest rate traders. Indeed, the CME FedWatch Tool indicates an 87.1% ...

In today's economic climate, in which inflation just ticked up, interest rates are frozen at a high level and market predictions are all over the place, it can be daunting to think about where to keep ...

After last year's three consecutive rate cuts from the Federal Reserve that lowered the Fed rate by a full percentage point, we've seen advertised yields on certificates of deposit follow suit. Yet ...

CD rates could drop within days or weeks after the Federal Reserve announced interest rate cuts. See if you should lock in ...

Average rates for certificates of deposit this month range from a ho-hum 0.23% for the shortest, 1-month terms, up to 1.76% for 1-year accounts, according to the latest government data. But for ...

Kelly is a former editor for CNET Money covering banking. She has over 10 years of experience in personal finance and previously wrote for CBS MoneyWatch covering banking, investing, insurance and ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.