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An Obvious and Certain Way to End the COVID-19 Crisis Quickly
There is a certain way to solve the current health crisis, and it is right in front of us.
Here in New York, 60% of the population is roaming around with self-made masks or cheap masks that they bought on Amazon covering their ... Read →
Federal Reserve Maintains Fed Funds Rate at 0 to 0.25% and Outlines Further COVID-19 Action
The Federal Reserve has held the Fed Funds target rate constant at zero to 25 basis points today. Chair Jerome Powell indicated that the ongoing COVID-19 public health crisis has weighed heavily on the economic condition of t... Read →
Spanish Flu 1918 – Coronavirus 2020
America has long been in a leadership role in the world and a marvel of economic expansion. Our strengths have been defined by an unwillingness to be satisfied with what is now and the assurance that we control the future and our g... Read →
The Implications of Telling States to Go Bankrupt Are Dangerous and Long-Term
It is going to take a generation for the US and the world to recover from the damage we have incurred, very much in part from our own actions.
We are all now fully aware of the impact and implications of damaging statements mad... Read →
What Will Happen to Savings and CD Rates If the Federal Reserve Takes the Fed Funds Rate Negative?
There is a lot of concern that the Federal Reserve is running out of bullets in its response to the current Depression. It has already lowered the Fed Funds rates to zero, engaged in extraordinary quantitative easing, and ope... Read →
Donald Trump Needs to Resign NOW
For almost half the nation, Trump has been a welcome change for America (although the other half vigorously feels the other way). But, he is now seriously out of his area of competence and no longer a legitimate leader.
... Read →1-Year CD Rates Over 2% Are Tempting But Preserving Liquidity In A Crisis Is Essential
BestCashCow today shows online banks offering one-year CD rates as high as 2.28%. Depending on where you live, you may also find Read →
Some of the Lesser Known Online Banks Have Been too Quick to Slash Rates, Burning Customers
The Federal Reserve made emergency cuts to the Fed Funds rate, taking the benchmark rate to a range of zero to 25 basis points as the COVID-19 crisis hit our shores last month.
While the Fed move will cause savings ... Read →
I have Changed My Tune on Singapore KrisFlyer
Those who have followed my credit card rewards writing for some time know that I have been a fan of Singapore Airlines’ KrisFlyer program since way back ... Read →
All of these Analysts Screaming on CBNC About Big Up Moves in the Market Are Masking 2 Unsettling Truths
Here at BestCashCow, we’ve been inundated by people thanking us for the work that we are providing in organizing and displaying bank rates over the last several weeks. We are grateful that we can continue to provide eve... Read →
Federal Reserve Cuts Fed Funds Rate to Zero to 0.25%, Buy 1-Year CDs Now
The Federal Reserve has made its second emergency rate cut in a little over a week, cutting the Fed Funds rate by a full 1% to a range of zero to 0.25%, in order to address the unprecedented economic slowdown caused by Coronavirus.&... Read →
Some 1-Year CDs Are Still over 2% APY Following the Coronavirus-Induced Fed Cut
We’ve read and heard a lot of financial markets information since the Federal Reserve’s emergency rate cut last Tu... Read →
Steps You Can Take to Help the Major Airlines Survive Coronavirus in 2020
Anyone who lived through 9-11 and the financial collapse in 2008 and 2009 remembers how extraordinarily painful were those periods for the airline industry and their employees. And, even the industry’s staunchest critic... Read →
The Federal Reserve Makes a 50 Basis Points Emergency Fed Funds Cut
The Federal Reserve has made a 50 basis point emergency cut in response to the spread of Coronavirus, moving the Fed Fund rate to a target of 1.00 to 1.25%. The market is pricing in the likelihood of further cuts on that March... Read →
How to Fly Business Class for Free without Flipping Credit Cards
If you are like me, you love to travel to exotic places with your family. I cannot count the number of times that I have taken my daughter to Hawaii on vacation. I’ve also taken her on road trips in Andalusia and ... Read →