These 5 high-yield savings accounts have no minimum balance requirement

While the national average rate for a savings account is 0.38%, the best high-yield savings accounts (HYSAs) boast rates of 3% to 4% APY — or even higher in some cases. However, some financial institutions require account holders to keep a certain amount of money in their HYSAs in order to earn the highest rate. […]

Continue Reading

Bound for Mars, Elon Musk’s SpaceX unveils filing for blockbuster IPO

SpaceX took the wraps off its IPO filing on Wednesday, opening the books of the company that has already revolutionized rocket technology, with even larger ambitions to colonize Mars and build AI data centers in space. The listing is poised to become the first trillion-dollar U.S. market debut and could set the stage for a […]

Continue Reading

Fed minutes reveal policymakers worried about Iran war energy price impact

Chicago Federal Reserve Bank president Austan Goolsbee discusses Kevin Warshs new agenda on The Claman Countdown. Federal Reserve policymakers were concerned about high energy prices contributing to inflationary pressures in the economy when they held interest rates steady last month, the minutes from the meeting show. The Federal Open Market Committee (FOMC), the Fed panel […]

Continue Reading

Sebi proposes to permit third-party payment in mutual funds in certain scenarios

Markets regulator Sebi on Wednesday proposed allowing third-party payments in mutual funds in certain scenarios, such as investment by an employer on behalf of its employees and payment of commissions by AMCs, provided adequate safeguards are in place. The current regulatory framework mandates that all payments for investments in mutual funds must originate directly from […]

Continue Reading

US federal deficit projected to hit $2 trillion in fiscal year 2026

Barrons Roundtable panelists analyze the state of the U.S. economy following Operation Epic Fury. The federal government is projected to run a budget deficit of at least $2 trillion this fiscal year, according to an estimate by the Treasury Department and bond market participants. Earlier this month, the Treasury released its quarterly refunding documents for […]

Continue Reading