Thanks to inflation and a higher federal funds rate, certificate of deposit (CD) interest rates have increased exponentially in recent years. CD interest rates barely broke 1% a few years ago. By ...

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.

Find the highest APY available by comparing online banks and credit unions and looking for promotional terms. Build a CD ladder to take advantage of today's rates without locking all your money up for ...

Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and Red Venture's senior editor of content partnerships. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc.

As savings and deposit rates continue edging down, certificates of deposit stand out by offering something rare in today's economy: certainty. With the Federal Reserve's first policy meeting of 2025 ...

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We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Simonapilolla / Getty Images As a personal finance writer who's covered CDs and ...

If you have money in the bank that you don't need for emergency fund purposes, or for a specific expense that's coming up, then you may be thinking of using it to open a CD. Given that CD rates are ...