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Pimco's Bill Gross says the Fed's monetary policy is designed to reinflate the economy by forcing investors to deploy their money into riskier investments. Investors are stuck in a catch22 - move...
Fed Chairman Ben Bernanke said today that he doesn't see evidence of an asset bubble in financial markets - equities, gold, commodities, etc. This of course reminds me of Alan Greenspan's famous...
Several Fed officials made speeches yesterday reiterating their support for keeping rates at 0% for the foreseeable future. They cite unemployment, unused capacity, and low inflation. I did a quick...
The U.S. Senate overwhelmingly approved a $45 billion plan to expand a tax credit for first-time home buyers, extend jobless benefits and provide tax refunds to money-losing companies. The bill now...
As Mark Twain once said, "There are three kinds of lies: lies, damned lies, and statistics." To me, this nicely sums up recent economic figures that suggest America has escaped the clutches of...
Consumer spending dropped .5% in September according to the latest information from the Bureau of Economic Analysis, led by the end of the Cash for Clunkers Program.
Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 3.5 percent in the third quarter of...
With the crisis clearly past, the Fed ought to boost short-term rates to a more normal 2% - still low by historical standards - to send a signal to the markets that the U.S. is serious about...
We've talked about it for some time, but the Washington Post has finally gotten with the program. The economic crisis and subsequent bailouts have severely penalized savers and those living on...
CBS's 60 Minutes' H1N1 report last night was very well done, and conveyed the proper message that everyone born after 1950 should have an H1N1 vaccine in addition to the regular flu vaccine this...
The Labor Department reported today that consumer prices rose .2% in September 09, double the increase in August.
And, in case you missed it, here is a very brief summary of what has transpired in the meantime.
One version of the tax credit policy under review is to give employers a two-year tax break if they increased the size of their work force (i.e. added jobs) or added significant hours of work (for...
A native Chicagoan believes that the best outcome for the city is for another city to host the 2016 Olympics.
Robertson is a smart guy and while he doesn't think that China is going to stop buying our debt, he suggests that we could easily enter 15-20 inflation territory if Japan is forced to sell. He...
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Type
|
Top APY/Rate
|
Institution
|
|
2.51%
|
Everbank
|
|
|
0.38%
|
W&R Advisors
|
|
|
1.65%
|
TotalBank
|
|
|
1.65%
|
The Jacksonville Bank
|
|
|
2.25%
|
Academy Bank / The Jacksonville Bank
|
|
|
2.25%
|
Security Savings Bank
|
|
|
2.60%
|
The Jacksonville Bank
|
|
|
3.00%
|
Flagstar Bank / Hudson City Bank
|
|
3.25% |
FlagStar Bank / Hudson City Bank |
|
|
3.50%
|
Acacia Bank
|
|
|
3.36%
|
US Treasury
|
|
4.51% |
Bank of the Sierra |
|
|
1.64%
|
Northrop Grumman CU
|
|
|
2.30%
|
Alliant CU
|
|
|
2.55%
|
Alliant CU
|
|
|
3.00%
|
Alliant CU
|
|
|
0.09%
|
Various brokerages
|
|
|
0.14%
|
Various brokerages
|
|
|
0.91%
|
Various brokerages
|
|
|
2.35%
|
Various brokerages
|
|
|
3.47%
|
Various brokerages
|
See more product and rate information