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Latest Banking News

My son turned 18. Here’s how his bank account grew up

My son turned 18 this spring and is now getting ready to head off to college. But as he reaches…

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How Crypto Giant Tether’s New CEO Is Remaking The Company For The Apocalypse

With $111 billion in assets and $6 billion in profits, shadowy stablecoin merchant Tether has emerged as crypto’s most profitable…

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Capital One CD rates

You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades.…

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Best business CD rates for May 2024

It’s not always easy finding competitive yields if you own a business. A business CD can be a great way…

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Digital Bank Chime Fined $3.25 Million For Delays In Returning Customer Funds

Chime, the largest digital bank in America, was fined $3.25 million by the Consumer Financial Protection Bureau (CFPB) for long…

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How does a money market account work?

Morsa Images/Getty Images Our writers and editors used an in-house natural language generation platform to assist with portions of this…

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Can you write checks from a money market account?

Key takeaways A money market account enables you to write checks from it, similar to a checking account. The amount…

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What to do with a savings bond from your childhood

Key takeaways You can typically cash in your savings bond at your bank, in person. Regardless of how much money…

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Split direct deposit: a simple way to save more money

MoMo Productions/Getty Images Putting your savings on autopilot can help you save more money by splitting part of your direct…

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Fed keeps interest rates at 23-year high, delaying cuts as inflation progress stalls

The Federal Reserve kept interest rates at a 23-year high and signaled no immediate plans to cut interest rates, suggesting…

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