Short- or long-term CD: Which is best for you?

There aren’t any straightforward answers for how to choose between a long-term and short-term certificate of deposit, but a few factors can guide you.

How to choose the right high-yield savings account for you

When choosing the best savings account for your needs, look closely at the account fees, rate terms, customer service options, and how easily you can make withdrawals and deposits.

What to do with a CD when it matures

It’s important to have a plan for your money before your CD matures, or your bank might make a decision on your behalf.

What is a high-yield savings account?

A high-yield savings account can be an excellent way to build your savings. Here’s what to know about high-yield savings accounts and how to find the best one.

What is a neobank and is it safe?

Our guide to neobanks covers what these fintech companies offer, if your money is safe in a neobank, and how to choose between neobanks and traditional banks.

What is a money market account?

What is a money market account — is it a savings or a checking account? Surprisingly, it's a little of both. But money markets also have their own unique features that set them apart. Here's what you need to know.

Can you cash a check without a bank account or ID?

If you need to cash a check but don't have an ID or a bank account, your options may be limited. Here's what you need to know.

How does a money market account work?

A money market account can help you reach your savings goals, but how does a money market account work? Here's what you need to know and how to determine if one is the right fit for you.

High-yield savings account vs. investing: Which is right for you?

Considering a high-yield savings account vs. investing? Using both can help you to find a good balance in your financial plan. Here's what you need to know.

Why now is a good time to open a savings account

Before interest rates start sliding back down, you should take advantage of the highest rates we’ve seen in years and open a savings account.

Carvana stock surge leaves short sellers sitting on $1 billion loss

Carvana shares gain as much as 12% on Friday before plunging 17 in the afternoon. The wild swings come a day after the biggest really on record for shares of the online car retailer.

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  Carvana crashes back down to earth

  TechCrunch
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  Carvana nirvana? Shorted stock surges 56% as company predicts record profits

  TechCrunch

Target stock slapped with another Wall Street downgrade as shopper slump worries rise

Target's stock gets hit with another downgrade.

An open letter to GameStop executive chairman Ryan Cohen: Morning Brief

Ryan, investors would like to hear from you.

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  GameStop’s Silence Is No Longer Golden

  The Wall Street Journal
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  GME Swaps Ex-Amazon Exec For Activist Investor. Stock Dives.

  Investor's Business Daily

Trending tickers: Tesla | Carvana | Croda | Vodafone

Tesla, Carvana and Vodafone all saw swings in their stock price over the last 24 hours.

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  GM, Tesla announce agreement to expand access to Tesla's Supercharger network

  Yahoo Finance
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  GM EV owners will gain access to Tesla Superchargers in 2024

  Engadget

Carvana crashes back down to earth

Carvana's big rally is now looking more like a blip on the radar. Shares in the online-car retailer soared Thursday, closing up by 56% from the prior day on news that it expected to post $50 million worth of adjusted EBITDA in the current quarter, powered by stronger per-car sales profitability. For Carvana, the gains were a welcome turnaround.

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  Carvana stock, heavily shorted, gains 56% after outlook update

  Yahoo Finance
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  Carvana nirvana? Shorted stock surges 56% as company predicts record profits

  TechCrunch

More pain in store for Canada's indebted households

Many Bay Street economists are now predicting another interest rate hike in July.

Unexpected job market pullback signals rate hikes may start to bite in Canada

Despite the job losses, economists agree that it's likely not enough to take a July interest rate hike off the table.

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  Canada's May unemployment rate rises for first time in nine months to 5.2%

  Reuters
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  Canada Suffers Minor Job Losses, Snapping Eight-Month Streak

  Bloomberg

Banks tweak mortgage offers anticipating interest rate rises

HSBC, Halifax and Nationwide are among banks tweaking rates.

FTSE 100 finishes week in the red as Wall Street wavers amid rate jitters

FTSE finished lower in its third successive weekly decline in the red.

Better.com lays off real estate team and shutters business unit

Digital mortgage lender Better.com is exiting the real estate business. The company is said to be shifting from an in-house agent model to a partnership agent model. One person who was impacted by the move told TechCrunch that the agents had received “little to no severance…after getting a more than 50% salary cut in November in order to ‘ensure’ our jobs to come."

Lordstown Motors plans to sue its one-time savior Foxconn

Lordstown Motors is preparing to sue Foxconn, the Taiwanese manufacturer once considered a savior to the beleaguered EV maker. Lordstown said Friday in a regulatory filing that it will sue Foxconn if the company pulls out of an investment agreement and fails to buy nearly 10% of the EV company's shares. The threat of litigation comes as Lordstown scrambles to raise capital and stay in business.

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  EV maker Lordstown plans to sue Foxconn over funding dispute

  Reuters
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  Lordstown Motors to Sue Foxconn Over Stalled $47 Million Investment

  Bloomberg

Peakview, a US LP once solely backed by a Chinese firm, further diversifies its investor base

In the aftermath of Sequoia Capital's big reveal earlier this week that its China- and India-based affiliates are spinning off into independent entities, we reached out yesterday to someone who we thought might have an opinion on the development. Erik Lassila is a former VC whose Silicon Valley-based fund of funds business, Peakview Capital, was -- when we last spoke with him in 2016 -- backed entirely by a Chinese investment firm that wanted to park some of its own money with venture managers in the U.S. Lassila took a pass on analyzing Sequoia's decision, but he let us know that in April, eight-year-old Peakview closed its fourth fund with $150 million in capital commitments -- with none from mainland China -- even while he insisted that Washington's increasingly strained relationship with the Chinese government isn't the reason why.

Meta to appeal court ruling declaring content moderators as its employees

Meta is set to appeal Kenya’s court decision declaring it as the primary employer of the moderators that review content on its platforms in sub-Saharan Africa. Meta has filed a notice of appeal against the ruling made last week on orders issued in March. This comes after 184 moderators sued it, and its content review partner in sub-Saharan Africa, Sama, for alleged unlawful termination of contracts.

Nocnoc opens door to quicker setup of cross-border e-commerce in Latin America

Nocnoc, which facilitates cross-border e-commerce between Latin American merchants and global sellers, raised $14 million in Series A funding. PayPal Ventures led the round and was joined by Mouro Capital, Quona Capital, Caravela Capital, Broadhaven and Ignia. Ilan Bajarlia, Joaquin Colella and Diego Szilagyi started nocnoc in 2018 to enable businesses to sell in Latin America through 16 marketplaces with a potential reach of nearly 500 million consumers, CEO Bajarlia told TechCrunch.

There's A Lot To Like About Devon Energy's (NYSE:DVN) Upcoming US$0.72 Dividend

Devon Energy Corporation ( NYSE:DVN ) is about to trade ex-dividend in the next 4 days. The ex-dividend date is one...