Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Certificate of deposit (CD) accounts have generated strong yields for savers who locked in high rates in 2023 and 2024. Around a year ago, you could find some CD APYs up to 6%. Now many of those same ...

You can start a CD ladder with as little as $5,000, or even less. A basic three-rung ladder could earn at least $434 in interest over three years. CD laddering gives you higher interest and rolling ...

The clock is ticking. The next Federal Reserve meeting concludes on Sept. 17, and most experts expect a rate cut to be announced at that time. For savers, that's bad news: High-yield savings accounts ...

Just under 90%. That's what the odds are of an interest rate cut when the Federal Reserve meets again in September, according to the CME Group's FedWatch tool, as of late August. And while that ...