After years of rate hikes in its effort to tame rising inflation, the central bank has elected to do something it hasn’t done since 2020: make a cut. While on one hand the Feds

It’s been a good run for savers.Sweet interest rates averaging above 4% on high-yield savings accounts over the last year have brought a steady stream of worry-free income for anyone keeping cash on the sidelines—whether they’re saving for a down payment,

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses.