Not sure how to open a certificate of deposit (CD) account? It’s easier than you might think. All it takes is choosing a bank, picking a term that fits your savings goals and making a deposit. Here’s ...

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Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

There's a lot to consider for both borrowers and savers after an interest rate cut is issued, as it was earlier in September by the Federal Reserve. For borrowers, a reduction, even in a minimal ...

A 10-year-old girl’s attempt to open a CD case is spinning out of control on TikTok. The Pennsylvania preteen’s mom, known as ELS or @elspa570 on the platform, claimed in a May 6 video that she had to ...

For the kitchen-table investor with a little money to spare, now might be an ideal time to consider investing in a certificate of deposit. CD rates are as high as they’ve been in years. The best ...

The Federal Reserve just cut the target federal funds rate by 0.25 percentage points. So what does that mean for CD investors? CD rates haven't fallen yet, but they're likely to drop very soon. And ...

The Fed cut rates last week on Sept. 17, and we're already starting to see CD yields dip. Several banks have lowered their rates this week -- and more could follow. If you've been considering a CD, ...