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1 week ago | 
cnet.com | Kelly Ernst |Toni Husbands
Federal Reserve policymakers voted to hold interest rates steady today, pausing rates for the fourth time this year. In its postmeeting statement, the Fed summarized its findings by noting slightly elevated inflation and a low unemployment rate, though the economic outlook remains uncertain. The latest decision means that households, which have been facing budget strains and increased living expenses, will continue to contend with high borrowing costs, from credit card APRs to mortgages.
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1 month ago | 
cnet.com | Toni Husbands
You learn a lot in school, but how to manage your money is rarely one of those things. Which is unfortunate, because let's be honest, how often are you likely to use the quadratic formula in your day-to-day life? We have more than 60 years of combined personal finance experience on the CNET Money Team, but we gained most of our knowledge the hard way. We've made money missteps and let opportunities pass us by, and we want to save you from the same stumbling blocks.
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1 month ago | 
cnet.com | Toni Husbands |Kelly Ernst
To no one's great surprise, the Federal Reserve paused interest rates again today, keeping them at a target range of 4.25% to 4.5%. It's the third time the Fed has paused rates this year.
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2 months ago | 
cnet.com | Toni Husbands |Liliana Hall
Why You Can Trust CNET Money The editorial content on this page is based solely on objective, independent assessments by our writers and is not influenced by advertising or partnerships. It has not been provided or commissioned by any third party. However, we may receive compensation when you click on links to products or services offered by our partners. Review CNET's ethics statement. Money Banking Article updated on Apr 12, 2025 Enjoy an APY as high as 5% with these top accounts.
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2 months ago | 
cnet.com | Toni Husbands
Why You Can Trust CNET Money CNET Money's mission is to help you maximize your financial potential. Our recommendations are based on our editors' independent research and analysis, and we continuously update our content to reflect current partner offers. How we rate credit cards Money Credit Cards Article updated on Dec 24, 2024 These debit cards and checking accounts can set your kids up for financial success. Some card details on this page may be out of date.
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Jan 29, 2025 | 
cnet.com | Toni Husbands
After cutting interest rates at its last three meetings, the Federal Reserve opted to pause rates today, keeping them at a target range of 4.25% to 4.5%. In its post-meeting statement, the Fed noted that "economic activity has continued to expand at a solid pace," but "the economic outlook is uncertain." Pausing rates allows the Fed to see how factors like the new administration's policies affect inflation and other economic indicators.
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Dec 18, 2024 | 
cnet.com | Toni Husbands
As expected, the Federal Reserve cut interest rates by 25 basis points at its December meeting today, bringing them to a target range of 4.25% to 4.50%. While inflation has yet to reach the Fed's 2% target, the Fed expressed optimism in its post-meeting statement, saying that "economic activity has continued to expand at a solid pace."For savers, the Fed's move is less promising.
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Oct 26, 2024 | 
cnet.com | Toni Husbands |Liliana Hall
Why You Can Trust CNET Money Article updated on Oct 24, 2024 Written by Toni Husbands Staff Writer Toni Husbands is a staff writer with CNET Money who enjoys exploring topics that promote financial wellness. She began writing about personal finance to document her experience paying off $107,000 of debt, which is detailed in her book, The Great Debt Dump. Previously, she contributed as a freelance writer for websites, including CreditCards.com, Centsai and Wisebread.
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Oct 25, 2024 | 
cnet.com | Toni Husbands
Why You Can Trust CNET Money Article updated on Oct 25, 2024 Written by Toni Husbands Staff Writer Toni Husbands is a staff writer with CNET Money who enjoys exploring topics that promote financial wellness. She began writing about personal finance to document her experience paying off $107,000 of debt, which is detailed in her book, The Great Debt Dump. Previously, she contributed as a freelance writer for websites, including CreditCards.com, Centsai and Wisebread.
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Oct 24, 2024 | 
cnet.com | Toni Husbands
Why You Can Trust CNET Money Article updated on Oct 24, 2024 Written by Toni Husbands Staff Writer Toni Husbands is a staff writer with CNET Money who enjoys exploring topics that promote financial wellness. She began writing about personal finance to document her experience paying off $107,000 of debt, which is detailed in her book, The Great Debt Dump. Previously, she contributed as a freelance writer for websites, including CreditCards.com, Centsai and Wisebread.
