money market

Should You Buy Floating-Rate Notes?

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 10 Fastest Dying Industries in America

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.

Guaranteed to lose spending power

With an unpredictable stock market, savers are looking for safe havens for their money. The issue of maintaining an account balance is particularly...