What Is the Average Savings Account Interest Rate?
The interest you’ll earn on $10,000 in one year depends on the savings account’s APY and how frequently interest is compounded. Let’s look at two hypothetical examples of interest earnings. We’ll assume both accounts compound interest monthly. The first has a 0.45% APY, and the second has a 5% APY.
The account with the 0.45% APY only earns about $45 on a $10,000 deposit in one year,
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Read MoreStock market today: Dow, S&P 500, Nasdaq futures trade flat as investor sentiment steadies on easing trade tensions
US stock futures held steady as investor sentiment continued to moderate following signs of easing trade tensions and an invigorated tech sector.
Futures attached to the Dow Jones Industrial Average (YM=F) and the tech-heavy Nasdaq 100 (NQ=F) slipped 0.1%. Futures attached to the benchmark S&P 500 (ES=F) dipped 0.2%.
When’s the next Federal Reserve meeting? What to expect — and how it affects your finances
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Farmers weigh Trump's trade war like they watch the weather, waiting to see how things go
Farm country voted heavily for Donald Trump last November.
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Wall Street drifts back within 4% of its record after the S&P 500 notches a 4th straight gain
NEW YORK — Most U.S. stocks drifted higher in quiet trading Thursday after a jumble of mixed reports offered little clarity on how the U.S. economy is managing through President Trump’s trade war.
The Standard and Poor’s 500 index rose 0.4%, enough to extend its winning streak to a fourth day and to pull within 3.7% of its all-time high set earlier this year.
Read MoreThe Burst
Which AI Stock Is Best: NVIDIA or SMCI?
Artificial intelligence has been a driving force behind the U.S. stock market’s 20% plus rise in the past year. However, now that datacenters and AI chips are being implemented at scale, earnings releases are being scrutinized even more heavily to see if the massive investments will yield the promised returns.
No stock has exemplified the AI boom more than NVIDIA (NASDAQ: NVDA).
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Read MoreThe Ivy
Is This Insane 14.9% Dividend Yield Safe?
Dividends have historically been an extremely important factor in investors’ overall returns in the stock market, providing liquid income and creating opportunities for growth through reinvestment.
Today, though, soaring stock prices associated with expectations of high future growth have sent dividend yields well below their historical averages. The S&P 500 today yields just 1.2%,
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Read MoreThe Spotlight
Spotlight: What to Buy If Things Get Crazy Soon
Among the first lessons any great investor learns is “Don’t Fight The Fed.” Simply put, it means when the Fed is accommodative and engaging in quantitative easing, money is cheap and economies boom. Some call this the Fed Put because as markets fall, the Federal Reserve acts swiftly to provide liquid support by buying bonds.
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