NerdWallet rating  NerdWallet’s ratings are determined by our editorial team. The scoring formula incorporates coverage options, customer experience, customizability, cost and more. Of the millions of Chase Ultimate Rewards® I’ve redeemed, one of my favorite redemptions was in late 2024 when I burned 111,000 points on an upscale European vacation that included a business class […]

Key Takeaway Economists and traders upped their forecasts for Federal Reserve interest rate cuts in wake of President Trump’s announcement this week of wide-ranging tariffs. Federal Reserve Chair Jerome Powell on Friday said he is waiting to see what effect tariffs could have on the economy. The Fed has held its influential interest rate this

Stablecoin Tether and Circle’s USDC dominate the market. Justin Tallis | Afp | Getty Images The Securities and Exchange Commission issued a statement on Friday, clarifying that it does not deem certain stablecoins to be securities. Specifically, the agency’s Division of Corporate Finance refers to stablecoins that are “designed to maintain a stable value relative

Investors weren’t exactly wrong to be excited about the companies trying to make meal kits and plant-based meat cool. But they sure haven’t made any money from those bets. So…what went wrong? Patrick Badolato is an associate professor of instruction in accounting for The University of Texas at Austin’s McCombs School of Business. In this

Key Takeaways Today’s nation-leading CD rate is 4.65%, available from two institutions in terms of 5 or 7 months. CD shoppers also have four additional choices for locking in a rate of 4.60%. For a rate guaranteed to 2026, both Abound Credit Union and Vibrant Credit Union pay 4.60%—for 10 months or 13 months, respectively.

After President Donald Trump’s new tariffs crushed global stocks for a second consecutive day, CNBC’s Jim Cramer said next week’s earnings reports will provide a first look at how CEOs are dealing with the fallout. Big bank earnings headline the upcoming week, alongside inflation data. No matter what the numbers reveal, though, Cramer said the

Coverdash is an insurance broker that can help you generate quotes and buy business insurance through its partners. Then, you can use Coverdash to pay your premiums, file claims and update your coverage as needed. If you have relatively simple insurance needs — for example, if you need general liability or workers’ comp insurance to

Microsoft owns lots of Nvidia graphics processing units, but it isn’t using them to develop state-of-the-art artificial intelligence models. There are good reasons for that position, Mustafa Suleyman, the company’s CEO of AI, told CNBC’s Steve Kovach in an interview on Friday. Waiting to build models that are “three or six months behind” offers several

Key Takeaways With President Trump’s mid-week tariff announcement tanking the stock market, you may be thinking of beefing up your cash reserves. Fortunately, plenty of safe haven options are paying returns in the mid-4% range right now. Banks and credit unions offer high-yield savings accounts, money market accounts, and certificates of deposit (CDs), where today’s

The seal of the US Department of Justice in Washington, DC on March 21, 2024.  Mandel Ngan | Afp | Getty Images A New York federal judge on Friday ordered the jailing of convicted drug dealer and predatory lender Jonathan Braun, whose 10-year prison sentence was commuted in 2021 by President Donald Trump, after a