The Federal Reserve's benchmark rate has fallen by a collective 0.75% this year, thanks to the Fed issuing three 25-basis-point cuts in recent months. In all, the Fed rate has dropped 1.75% since ...

With interest rates on savings accounts the highest they've been in years, many depositors find themselves with appealing options to choose from. High-yield savings and certificates of deposit (CD) ...

The Federal Reserve raised the federal funds rate several times over the past few years to help tame inflation — but as inflation has started to cool, the Fed has adjusted its approach. The outcome of ...

Short-term, 6-month certificate of deposit yields are down 29 basis points in the past year to an average of just 1.51% APY, according to the latest government data. But banks and credit unions ...

Explore what short/current long-term debt is, how it’s reported on balance sheets, and its impact on financial health.

When it comes to building out a balance sheet, an organization’s accounts payable come into play. As you work through a balance sheet, you’ll need to determine whether accounts payable are an asset or ...