What is a high-yield savings account?

High-yield savings accounts earn an average of 16x more interest than traditional savings accounts. Here's how to tell whether in HYSA is the right choice for you.

Many challenges remain as US casinos financially recover from virus

America's casinos are recovering from months of closures necessitated by the coronavirus outbreak, having regained 81% of the gambling revenue they saw in the third quarter of last year.

Credit card relief not helping? Try this instead

If credit card relief isn't helping, you have other options including debt management. Here's what you need to know about your options.

Should I put money in a high-yield savings account over a CD or money market?

A high-yield savings account grows your money much quicker than a traditional savings account with rates much higher than the national average. But you can only make up to six transactions per month or face a penalty.

Potential vaccine news lifts stocks; S&P hits record

The Dow Jones Industrial Average rose 400 points or 1.37%, while the S&P 500 gained 1.36% closing at a fresh record. The Nasdaq Composite ticked up by 1% recovering late in the session.

Red Lobster opens its first 'ghost kitchen' in Chicago

Red Lobster announced the opening of its first "ghost kitchen" location in Chicago, embracing a new style of restaurant focused entirely on fulfilling delivery orders for customers and forgoing the traditional dine-in or takeout models.

How to pay off credit card debt during the coronavirus pandemic

Nearly half of Americans now report having credit card debt amid the coronavirus pandemic. Here’s how to start paying it down.

6 ways to manage your personal loan better

Personal loans can be used for almost anything, from consolidating high-interest debt to funding a large expense. But if you fall behind on your payments or default on your loan, your credit card will take a hit. So, managing your personal loan with these 6 tips is key to gaining control of your finances.

709,000 seek unemployment aid as pandemic escalates

The number of people seeking unemployment benefits fell last week to 709,000, the fourth straight drop and a sign that the job market is slowly healing.

What is the Coast FIRE movement for retirement?

The Coast FIRE movement is a new approach to retirement savings. Here's what you need to know about how it could affect your retirement plan.

Personal loan origination fees: Are they worth the cost?

A personal loan origination fee is paid up front when you take out a loan. It may be worth paying an origination fee if the loan has a long repayment period or a lower interest rate. But sometimes originations fees are not worth the cost.

Applying for a store credit card? Watch out for this big red flag

With the holidays on the near horizon, a store credit card could make sense. But brace yourself for a big shock when you apply.

Coronavirus credit card payment holiday ending? Do this right now

Credit card providers are drawing the shades on consumer payment holidays. What’s next for struggling cardholders?

Real estate firm leverages social media for its commercial clients

Current Real Estate Advisors helps clients find spaces that maximize sales and profit potential, which is also — in theory — what every other commercial real estate firm does.

U.S. bankruptcy court approves sale of J.C. Penney

The U.S. Bankruptcy Court for the Southern District of Texas approved a purchase agreement that has substantially all of J.C. Penney’s retail and operating assets acquired by Brookfield Asset Management Inc. and Simon Property Group through a combination of cash and new term loan debt.