There's a lot to consider for both borrowers and savers after an interest rate cut is issued, as it was earlier in September by the Federal Reserve. For borrowers, a reduction, even in a minimal ...

Not sure how to open a certificate of deposit (CD) account? It’s easier than you might think. All it takes is choosing a bank, picking a term that fits your savings goals and making a deposit. Here’s ...

Anyone with money in the bank, listen up: The Federal Reserve recently announced its first rate cut in nine months, and it has projected a drop in interest rates through 2027 and beyond. That means ...

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. If ...