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Colorado Federal Court Enjoins State Enforcement of DIDMCA Opt-Out Legislation Against Out-Of-State...
JD Supra· 13 hours agoSection 521, codified as Section 27(a) of the Federal Deposit Insurance Act (Section 27(a)), empowers state banks to charge the interest allowed by the state where they are ...
Bank of Japan Warns of Potential Hit to Lenders From Rising Rates
US News & World Report· 1 day agoJapanese financial institutions' profitability has decreased significantly in the past 25 years, making them vulnerable to potential losses from any sharp rises in interest
June 19, 2024's top money market account rates
CNN.com· 2 days agoIf you have at least $10,000 to stash in a money market account, you could get an average APY of 0.60%, according to Curinos data. Money market accounts...
Is Nu Holdings Stock a Millionaire Maker?
Motley Fool via Yahoo Finance· 12 hours agoNu initially provided simple digital checking and savings accounts, and it subsequently expanded its fintech platform with credit cards, business loans,...
Savers urged to move fast to receive inflation-beating returns
The Telegraph via Yahoo Finance· 2 days agoInflation has fallen back to the central bank’s target of 2pc for the first time in three years,...
What's next for US interest rates?
The Week via Yahoo Finance· 4 days agoHowever, on the flip side, savings rates also tend to increase. In the face of rate hikes, Kiplinger offers the following pieces of advice: Pay off any...
Savers urged to move fast to receive inflation-beating returns
Daily Telegraph· 2 days agoSavings rates have already come down slightly since the end of last year despite consistently high ...
Yes, Banks Can Take Money From Your Account Without Your Permission. Here's How It Happens
The Motley Fool· 7 hours agoYes, although you may not be aware of it, a bank can take money out of your checking account, even...
Bank of England Holds Off on Rate Cut Despite Easing Inflation
The Wall Street Journal· 1 day agoThe U.K. central bank mirrored the Fed’s cautious stance on inflation, but signaled it could join...
Switzerland Leads Big Central Banks in Rate Cuts as US Fed Lags
US News & World Report· 1 day agoSwitzerland is at the front of the rate-cutting pack among developed economy central banks, lowering borrowing costs again on Thursday, while the all-important Federal Reserve ...