High Interest Investment

Savings Account Interest News

  • Lost Your Job? Try Not to Take it out on Your 401(k) Friday, September 3, 2010 @ 5:43PMFinancial expert discusses the pitfalls of tapping retirement accounts ahead of retirement, even in the tightest of financial times.
  • Aspire Federal Credit Union Now Rockin' Kasasa Tunes Friday, September 3, 2010 @ 3:56PMClark, NJ September 3, 2010 Aspire Federal Credit Union, one of the first financial institutions in the country to launch Kasasa, the first and only collection of bank accounts that actually takes an interest in account holders, today introduces the most innovative account on the market, Kasasa Tunes. Kasasa Tunes is a free checking account that gives consumers free downloads from iTunes...
  • Simple Finance Technology Corp. Raises $2.9m Series A for BankSimple Friday, September 3, 2010 @ 3:31PMSimple Finance Technology Corp., the makers of BankSimple , a service for those who wish banking were easy, announced the close of a $2.9 million Series "A" round of financing. Â First Round Capital, IA Ventures and Village Ventures led the round, with support from Jerry Neumann, SV Angel, Nauiokas Park and several, as yet, unannounced angel investors.
  • Sparsely attended community conversation focuses on Cubs Friday, September 3, 2010 @ 2:55PMOnly six residents turned out to Mayor Scott Smith's most recent town-hall style event.
  • IRS Issues Guidance on Buying Non-Prescription Drugs in Health Accounts Friday, September 3, 2010 @ 2:15PMThe Internal Revenue Service has issued guidance on the purchases of over-the-counter medicines and drugs with flexible spending arrangements and health savings accounts next year in light of the changes in the health care reform bill.
  • Fitch Rates Jacksonville, FL's Special Rev Bonds 'AA'; Outlook Stable Friday, September 3, 2010 @ 12:29PMNEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns a rating of 'AA' to the following Jacksonville, Florida special revenue bonds: --$51,690,000 series 2010A-1; --$40,865,000 taxable series 2010A-2 (direct payment Build America Bonds). The Rating Outlook is Stable. The bonds are scheduled to sell via negotiation on Sept. 15. In addition, Fitch affirms the following ratings with a Stable Outlook ...
  • Fitch Rates Jacksonville, FL's Special Rev Bonds 'AA'; Outlook Stable Friday, September 3, 2010 @ 12:22PMNEW YORK----Fitch Ratings assigns a rating of 'AA' to the following Jacksonville, Florida special revenue bonds:
  • Should you take the fixed rate mortgage bait? Friday, September 3, 2010 @ 11:46AMIt pays to do the maths before switching from a variable rate mortgage.
  • Finance and Banking Friday, September 3, 2010 @ 11:28AMOn July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the "Act") became law. The U.S. Congress designed the Act to address what it perceived to be a vast number of failures that led to the worst financial crisis since the Great Depression.
  • Hospital to return $500,000 loan Thursday, September 2, 2010 @ 11:15PMThe Memorial Medical Center Board of Trustees voted Tuesday to return a $500,000 loan to the Calhoun County Commissioners’ Court. In December 2009, with MMC finances running on empty, the trustees asked county commissioners for $1.8 million to cover anticipated operating expenses.
  • Embezzlement suspect had prior record Thursday, September 2, 2010 @ 9:44PMPASCAGOULA — Former Jackson County accounts payable clerk Ginger W. Lashley’s first run-in with the law came in 1990, when she pleaded guilty to 26 counts of embezzlement, was placed on five years’ probation and ordered to pay $7,451.98 in restitution, according to court records.
  • There’s more to asset allocation than meets the eye Thursday, September 2, 2010 @ 9:16PMOne of the best kept secrets in investing is that asset allocation plays a much bigger role in overall portfolio performance than individual investment selection.
  • Students will have to learn new ways to build credit histories Thursday, September 2, 2010 @ 8:55PMCARD Act has reduced marketing to people younger than 21.
  • Bhagwan Chowdhry: Is Financial Inclusion Imminent in India? Thursday, September 2, 2010 @ 5:17PM70% of India's population is excluded from formal financial services that most people reading this blog take for granted. If financial services are to become a reality, they have to be delivered non-traditionally.
  • Zacks Analyst Blog Highlights: JPMorgan Chase, SunTrust Banks, PNC Financial Services Group, BB&T and Regions Financial Thursday, September 2, 2010 @ 4:14PMCHICAGO--(BUSINESS WIRE)--Zacks.com Analyst Blog features: JPMorgan Chase & Co. (NYSE: JPM), SunTrust Banks Inc. (NYSE: STI), PNC Financial Services Group Inc. (NYSE: PNC), BB&T Corporation (NYSE: BBT) and Regions Financial Corp. (NYSE: RF). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579[[[SHIFTIN ...
  • Treasury to Test Tax Refunds on Debit Cards Thursday, September 2, 2010 @ 4:00PMThe Treasury Department said it would launch a new pilot program next tax season for people without bank accounts, directly depositing their tax refunds in special accounts that they will be able to access with debit cards.
  • Zacks Analyst Blog Highlights: JPMorgan Chase, SunTrust Banks, PNC Financial Services Group, BB&T and Regions Financial Thursday, September 2, 2010 @ 4:00PMCHICAGO----Zacks.com Analyst Blog features: JPMorgan Chase & Co. , SunTrust Banks Inc. , PNC Financial Services Group Inc. , BB&T Corporation and Regions Financial Corp. .
  • How financial reform will work Thursday, September 2, 2010 @ 11:25AMAlmost two years after the near collapse of the U.S. financial system, a sweeping reform package has finally been signed into law. Now the real work begins.
  • Let the bidding begin on Willingboro solar project Tuesday, August 31, 2010 @ 5:49PMWILLINGBORO — The township will soon seek proposals from companies interested in installing solar panels at the John F. Kennedy Community Center.
  • Debt adviser: Should you pay off your mortgage? Tuesday, August 31, 2010 @ 5:37PMDear Debt Adviser,
  • HFC Bank launches 2010 Homesave Promotion Tuesday, August 31, 2010 @ 3:42PMAccra, Aug. 31, GNA - The management of HFC Bank on Tuesday launched its 2010 Homesave Promotion, which aims at rewarding customers with their own homes at affordable price and convenient place in the country.
  • Money 911: What you should do with your ‘old’ IRA Tuesday, August 31, 2010 @ 3:32PMIf you've recently left a job or been laid off, you may be wondering if it makes sense to convert your old 401(k) into a Roth IRA. Roth IRA - 401(k) - Retirement - Individual Retirement Account - Personal finance
  • Florida Marlins’ Dirty Play On Stadium Deal Rankles Tuesday, August 31, 2010 @ 1:12PMUnderstating their financial health in order to underpay their fair share depletes public resources, the public's trust, and ultimately, the public's willingness to support the franchise.
  • Raise Money Now. There Are Storms Ahead Tuesday, August 31, 2010 @ 12:48PMOne year ago I predicted that in 2010/11 the economy, far from being on the path of permanent recovery was on a temporary resurgence and there was a strong possibility of a “double dip” recession.
  • Group focuses on shared service costs Tuesday, August 31, 2010 @ 10:56AMDiscussion at the joint City of Lamar and Prowers County Commissioner`s evening meeting on Aug. 25, at the Prowers County Annex, focused on shared costs for services for the Book Mobile, 911 call center, Prowers Area Transit, ambulance service and economic development.
  • City council considering tax increase Tuesday, August 31, 2010 @ 10:47AMA majority of members of the city council said they would consider raising the city property tax rate by one-and-a-half cents. Del Rio Mayor Roberto “Bobby” Fernandez discussed his reasons for asking the council to consider the increase during the council’s Aug. 10 meeting.
  • Lakeview board proposes tax decrease Tuesday, August 31, 2010 @ 9:44AMA 1.9 percent property tax decrease was proposed by the Lakeview Community Schools Board of Education Monday night to help offset valuation increases and provide some relief for district taxpayers during a time of economic uncertainty.
  • Swan hails deficit reduction Tuesday, August 31, 2010 @ 9:00AMTHE strongest set of international accounts in 30 years has cemented Australia's reputation as the best-performing developed economy.
  • Daily Pfennig 8/31/10: Risk Aversion Returns! Tuesday, August 31, 2010 @ 8:14AMIn This Issue…. * Spending outpaces Income... * Risk assets get sold after Spending report... * Aussie data is strong... * Canada's Current Account Deficit Widens...
  • Mosler for Senate: Tea Party’s Economic Agenda Would Cause Next Great Depression, Says Former Tea Party Democrat Tuesday, August 31, 2010 @ 7:14AMWATERBURY, Conn.--(BUSINESS WIRE)--Warren Mosler, Independent candidate for US Senate, former Tea Party Democrat, and frequent speaker at Tea Party rallies, lashed out today at the political movement for its ill-thought initiative to balance the budget which he contends is based on abject ignorance and counter to true Tea Party values. “The Tea Party’s demands to balance the budget and reduce ...
  • Mosler for Senate: Tea Party's Economic Agenda Would Cause Next Great Depression, Says Former Tea Party Democrat Tuesday, August 31, 2010 @ 7:00AMWATERBURY, Conn.----Warren Mosler, Independent candidate for US Senate, former Tea Party Democrat, and frequent speaker at Tea Party rallies, lashed out today at the political movement for its ill-thought initiative to balance the budget which he contends is based on abject ignorance and counter to true Tea Party values.
  • Council closing in on final budget Tuesday, August 31, 2010 @ 6:57AMWith the deadline for submitting a budget to the state approaching, members of the city council met Monday to try finalizing proposed changes that will likely reduce the fire department staff.
  • Scotiabank reports third quarter earnings of over $1 billion Tuesday, August 31, 2010 @ 6:37AMEarnings per share of $0.98 compared to $0.87
  • New rules restrict credit counselors Tuesday, August 31, 2010 @ 6:15AMThe North Platte Telegraph We've all seen the ads, we've received the phone calls. Buried in credit card debt? Want to settle what you owe for pennies on the dollar? Falling for the pitch of companies who promise to help you pay off your debt can cost hundreds of dollars and leave consumers facing the same amount of debt. It's called "front loading," and the Federal Trade Commission is going to ...
  • Brazilian Banks Rise After High Court Invalidates Savings Refund Lawsuits Thursday, August 26, 2010 @ 9:25AMMost Brazilian bank stocks rose after a high court invalidated 99 percent of lawsuits demanding additional interest payments on savings deposits from 1987 to 1991 to compensate investors for inflation.
  • What's it cost to get a credit card in your pocket? Thursday, August 26, 2010 @ 8:34AMWhat does it cost to get a single credit card into a willing consumer's pocket? Not much, industry experts say, and most of the cost comes once the card's already made.
  • Savers seek alternatives as bank interest falls Thursday, August 26, 2010 @ 7:36AMIt's getting tougher for savers to find a bank where they won't end up paying to keep their money safe. The average interest on savings, checking, money market and certificate of deposit accounts fell to 0.99 percent in July, the first decline below 1 percent... Deposit account - Financial services - Money market - Business - Savings account
  • Dutch state bank ABN Amro reports H1 loss Thursday, August 26, 2010 @ 7:10AMAMSTERDAM (AP) ABN Amro, the state-owned Dutch bank, reported a 968 million ($1.23 billion) loss for the first half of 2010 on Thursday, blaming costs arising from decisions by European Union competition authorities, as well as its own merger, legal and restructuring expenses.
  • National Counties Building Society withdraws index-linked Isa Thursday, August 26, 2010 @ 7:07AMSavers who want an account guaranteed to beat inflation will need to act today - National Counties Building Society has announced that it will take its index-linked Isa off the market this afternoon.
  • Brazil Court Orders Banks to Refund Savings Losses Thursday, August 26, 2010 @ 6:29AMBrazil’s Superior Court of Justice reaffirmed a decision ordering banks to refund depositors losses stemming from four government anti-inflation plans almost two decades ago. A banking group estimates the refund, if upheld, could cost as much as 180 billion reais ($102 billion).
  • Brian Fallow : NZ's savings chasm has to be bridged Wednesday, August 25, 2010 @ 5:32PMAs he launched the savings working group charged with coming up with options to address New Zealand's lousy savings performance, Finance Minister Bill English admitted he did not see any easy or obvious answers.But they need to...
  • ConsumerMan: Crackdown on student credit Wednesday, August 25, 2010 @ 4:11PMCollege students have always been a prime target for credit card companies. Get them early, the logic goes. So banks gave cards to students who had no way to pay the bills. Not anymore. Credit card - Student - Business - Financial services - Banking Services
  • VTB Bondholders Hit by First Decision to Forgo Call Option: Russia Credit Wednesday, August 25, 2010 @ 3:27PMInvestors in Russian corporate bonds are facing losses after the plunge in U.S. Treasury yields to near record lows spurred VTB Bank to become the nation’s first lender to pass up an option to repay debt before it’s due.
  • Overview Of Fixed Annuities Tuesday, August 24, 2010 @ 3:44PMA fixed annuity is generally bought for the purpose of retirement. Discusses pertinent aspects of fixed annuities.
  • New rules restrict credit counselors Saturday, August 21, 2010 @ 4:29AMThe North Platte Telegraph We've all seen the ads, we've received the phone calls. Buried in credit card debt? Want to settle what you owe for pennies on the dollar? Falling for the pitch of companies who promise to help you pay off your debt can cost hundreds of dollars and leave consumers facing the same amount of debt. It's called "front loading," and the Federal Trade Commission is going to ...
  • Mutual launches account to beat inflation Saturday, August 21, 2010 @ 1:05AMA small building society has launched a tax-free savings account which guarantees to beat inflation. (20/08/2010 18:53:25)
  • Race for the riches of Montecristo Friday, August 20, 2010 @ 11:05PMIt is a mere speck of rocks and ruins in the Mediterranean, the refuge of seals and dolphins, egrets and peregrine falcons, where the rabbits and wild goats browse at will and the broom and thyme send up their strong scents under...
  • Five Savings Habits to Keep Once the Recession is Over Friday, August 20, 2010 @ 7:50PMFive Savings Habits to Keep Once the Recession is Over
  • Mortgage lenders start to say yes again to first-time home buyers Friday, August 20, 2010 @ 6:24PMthings are looking up for anyone hoping to take their first steps on the housing ladder. Despite most potential first-time buyers believing they can't afford to snap up their dream home, evidence from the Halifax published this week suggests that mortgage costs as a proportion of monthly income have shrunk dramatically.
  • ING Direct offers no-fee chequing Tuesday, August 17, 2010 @ 9:09PMING Direct, best known for its high interest savings accounts, is launching a no-fee chequing account.