Even though high yield isn’t very high anymore, you’ll still want the best rate of return available when you invest in a certificate of deposit. Your high-yield CD should also have an optimum load of features, from the right length of term and minimum deposit to most frequent interest compounding and other benefits like rate bumping and no withdrawal penalty. The following banks offer some of the best certificates of deposit when judged by these criteria.
Best certificates of deposit No. 1 – Ally Bank
Voted best online bank by MONEY Magazine in Oct. 2012, Ally has a one-year CD with an [...]
It’s time for Halloween! If you haven’t found an outstanding costume, filled up your coffers with candy and festooned your yard with all the trappings of a zombie nightmare, then you probably still have money in your bank account. Indeed, All Hallow’s Eve is an expensive commercial holiday for those who like their scares to come at a price. For your macabre statistical pleasure, here’s an up-to-date model of Halloween spending that’s sure to drive American wallets to an early grave.
Halloween is a multibillion-dollar enterprise
Annually, 170 million Americans celebrate the costume, candy and gore-fest known as Halloween. Halloween spending is [...]
The number of jobless claims — people filing initial claims for unemployment insurance — rose last week, according to the United States Department of Labor. However, experts are saying that the numbers still point to a slowly recovering labor market and economy.
Sharp drop in jobless claims
First-time claims for unemployment insurance rose to 388,000 for the week of Oct. 7 through 13. That is an increase of 46,000 and a sharp departure from the decline seen in the previous week. During the week of Sept. 30 through Oct. 6, claims fell to a seasonally adjusted 342,000. That was its lowest level [...]
Online reviews can make or break a business. Unfortunately, unscrupulous individuals frequently cheat by submitting fraudulent online reviews that either increase or lessen a business’ reputation, regardless of whether the individuals have actually used the product or service or have an opinion. These reviews are sometimes quite hard to catch and weed out, but researchers at State University of New York, Stony Brook, have found that there’s a way to catch these reviews by using mathematics.
Math on the case
What happens when the U.S. Federal Trade Commission can’t spot the fraud? The organization has fine power that can discourage fraudulent online [...]