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The Biden Administration Needs to Stop Appeasement of the Nuclear Lobby Image Indian Point, Copyright Wikopedia

The Biden Administration Needs to Stop Appeasement of the Nuclear Lobby

I follow developments in renewable energy and work in the space.   2021 has been a remarkable year for the decline in the cost of offshore wind.   We are seeing something similar in the solar/PV space.   It ... Read →

Here is How Banks Can Act Now On Climate Change Image Copyright: BestCashCow

Here is How Banks Can Act Now On Climate Change

At COP26 in Glasgow, unlike before, the financial world showed up and a group of 450 financial institutions pledged to invest $130 trillion in the transition to a low carbon world.

But, there is so much to be done and it is now... Read →

Federal Reserve Announces Slow Tapering, Fails to Provide Guidance on Raising Rates, Causes Loss of Purchasing Power for Savers Image Copyright: BestCashCow

Federal Reserve Announces Slow Tapering, Fails to Provide Guidance on Raising Rates, Causes Loss of Purchasing Power for Savers

The Federal Reserve has tapered its bond buying, beginning to contract its $120 billion monthly bond buying purchases that propped up the economy after COVID-19 struck in March 2020.  The bond buying will be decreasing by about $15 ... Read →

Examining the Banks’ Climate Policies Critically Image Copyright: BestCashCow

Examining the Banks’ Climate Policies Critically

It is pretty clear at this stage that those of us alive today and our children, grandchildren and their descendants are facing a climate crisis unlike anything the inhabitants of Earth have ever faced.   It is also very clear t... Read →

Bask Bank Launches New Online Savings Account Paying 0.60% APY, but There is a Catch Image Copyright: BestCashCow

Bask Bank Launches New Online Savings Account Paying 0.60% APY, but There is a Catch

Bask Bank, a division of Texas Capital Bank, has launched a new online savings account.   The account, called an Interest Savings Account, is paying 0.60% APY.   The rate is clearly among the be... Read →

What I Still Remember 20 Years After September 11, 2001 Image Copyright: BestCashCow

What I Still Remember 20 Years After September 11, 2001

I was not in New York on 9-11.   I was living in London at the time and I was in my office.   I remember a woman coming down the hall and saying: “Aren’t you from New York?” and then telling me that ... Read →

Interactive Brokers is Pathetic, but Americans Have No Choice Image Copyright: BestCashCow

Interactive Brokers is Pathetic, but Americans Have No Choice

Interactive Brokers provides an awful level of service.   Their service is constantly failing – it goes down all the time these days locking traders out of access to their positions and costing them serious losses. &... Read →

Why It Might Not be Such A Bad Idea to Earn 0.40% On Your Money Right Now

As I write, in July 2021, we are living in a strange time.   We are facing extraordinary risks to our democracy in the US, risks to our health as COVID-19 variants appear, and risks to our environment as it becomes increasingly... Read →

Five Realities About Earning Hotel and Airline Points in the Post Pandemic World Image Copyright: BestCashCow

Five Realities About Earning Hotel and Airline Points in the Post Pandemic World

BestCashCow launched its section on travel rewards and cash back cards a few years ago.   We have always aimed to provide insightful information for credit card users about how to maximize the rewards you receive on your credit... Read →

Fed Leaves Fed Funds Target Rate at 0 to 0.25%, but Pencils In Two Hikes for 2023 Image Copyright: BestCashCow

Fed Leaves Fed Funds Target Rate at 0 to 0.25%, but Pencils In Two Hikes for 2023

The Federal Reserve today continued with its current rate stance and its current bond buying program, but is now indicating that it will back away from these easy-money policies in 2023 as inflation surges and growth accelerates.

... Read →
Major Banks are Just Awash in Cash Image Copyright: BestCashCow

Major Banks are Just Awash in Cash

The Wall Street Journal has an interesting article today which highlights how banks have become so completely awash in deposits that they a... Read →

Probably the Worst Moment in the History of Mankind to be Locking into Long Term CDs Image Copyright: BestCashCow

Probably the Worst Moment in the History of Mankind to be Locking into Long Term CDs

I was recently contacted by a reader about 5-year CD rates.    Given that the best rate available at any Read →

The West Is Becoming Complicit in Navalny’s Death Image The Times of Israel

The West Is Becoming Complicit in Navalny’s Death

All indications are that Alexei Navalny is sitting in his prison cell in Siberia fighting for his life.   While US National Security Advisor Jake Sullivan finally warned Putin that the US will take action against the Kremlin if... Read →

An Entirely New Risk to Applying for Online Savings Accounts Image Central Park Reservoir at Night

An Entirely New Risk to Applying for Online Savings Accounts

BestCashCow.com has been monitoring the best savings rates nationwide for over 15 years, and for the first 14 plus, the situation for the consumer was very straightforward.

You’d check to see what the best savings rate is... Read →