The yields offered by banks are laughable. This situation got several well-known companies thinking, "Let's sell debt to consumers who recognize and trust our brand, and offer interest rates on it that are slightly higher than these CDs and money markets." Thus, the "floating-rate demand note" was born.
The rise of cheap imports, technological advancements and the financial crisis have collectively delivered harsh blows to many U.S. industries. IBISWorld is out with a list of 10 American industries that have been hardest hit.
Interest rates have no where to go but up. When that happens will you be ready? In this video, personal finance expert Jean Chatzky explains what you need to to do now to protect your wealth.
Your 30s come upon you faster than you think. Here are some timely tips to help you be prepared financially for what life can throw at you.
