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.

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.

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.

How to get a home loan after retirement

There are unique challenges to qualifying as a retiree. Here’s how to prep for your home purchase.

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.

Stocks surge on Wall Street amid vaccine news, US election outcome

The Dow Jones Industrial Average surged 1,500 points, or 5.4%, in early trading Monday and the S&P 500 jumped 3.7% after drugmaker Pfizer said early data show its coronavirus vaccine looks highly effective.

Here's how much a high yield savings account pays

High-yield savings accounts are one of the smartest ways to make your money work for you. Here's what you need to know before opening one of these accounts.