Savings Interest Rates Tank While Bank Risk Piles Up

Savings Interest Rates Tank While Bank Risk Piles Up

Jan 13, 2021 | Economic Collapse

Never have Americans saved so much money and earned so little on it. For those stashing cash, the average savings account rate is down to just 0.05%, or even less, at some of the largest retail banks, according to the Federal Deposit Insurance Corp. Rates have fallen...
Congress Nearing Relief Bill, Increases Stimulus Check Size

Congress Nearing Relief Bill, Increases Stimulus Check Size

Dec 17, 2020 | Economy

Relief talks appear to be making headway as lawmakers add stimulus checks back into the mix. This week, Congressional leaders said they were nearing an agreement on a $900 billion stimulus package. According to The Hill, they could reach an agreement this week. If...