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$75,000 CD vs. $75,000 high-yield savings account vs. $75,000 money market account: Which will earn the most interest now?
MoneyWatch: Managing Your Money $75,000 CD vs. $75,000 high-yield savings account vs. $75,000 money market account: Which will earn the most interest now? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing e...
Indian publishing moves up the value chain
1. As Chairperson of the Books, Publications and Printing Panel at CAPEXIL, how do you see India’s publishing and printing sector evolving on the global stage?India is no longer just a cost-efficient printing destination—it is fast becoming a global knowledge manufacturing hub. The sector is undergoing a structural shift, moving beyond scale and affordability towards quality, innovation, and integrated solutions.India publishes over 90,000 new titles annually and remains one of the largest...
US gasoline prices reach record high values since July 2022
California keeps the highest prices, where consumers had to pay $6 in average per gallon of gasoline
Eye on China chips, Cabinet nod to Rs 3,936-crore semiconductor units in Gujarat
Eye on China chips Cabinet nod to Rs crore semiconductor units in Gujarat
3 hidden debt relief costs that are easy to miss when enrolling
MoneyWatch: Managing Your Money 3 hidden debt relief costs that are easy to miss when enrolling We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she write...
Trump is not just slashing maternity aid across the world – the US is also being hit hard
NewsWorldAmericasUS politicsIn FocusTrump is not just slashing maternity aid across the world – the US is also being hit hardDonald Trump has reduced his nation’s foreign aid spending by billions of dollars, but cuts to health services across the US are also having a major impact. Rachel Hagan speaks to Tuesday 05 May 2026 18:00 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","...
Motorists of popular vehicles face £1,750 driving costs as high fuel prices impact vital sector
Millions of drivers of popular vehicles have been warned of hefty driving costs this year after the price of fuel surged to the highest level since 2022. Diesel prices reached £1.91 per litre, marking some of the highest prices since 2022 and leaving an estimated 4.5 million van drivers with yearly fuel expenses of approximately £1,750.Government fuel data from the week beginning April 21 confirmed the sharp rise, with petrol also climbing to £1.57 per litre. The financial burden falls heavily o...
Alphabet’s Record Canadian Debt Deal Weighs on Bond Spreads
Alphabet Inc.’s C$8.5 billion ($6.24 billion) bond deal is driving corporate and provincial spreads wider in Canada as investors’ enthusiasm for the hyperscaler’s debt tests the market’s ability to absorb it.
FTSE 100 pulled down by banks amid Iran war worry
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Lidl's new loyalty scheme less generous, shoppers say
Lidl's new loyalty scheme less generous, shoppers sayJust nowShareSaveAdd as preferred on GoogleMitchell LabiakBusiness reporterGetty ImagesUpset Lidl shoppers have complained on social media the supermarket chain's updated loyalty scheme is less generous than before.Under changes to the programme which came into force on Tuesday, customers collect points rather than reward coupons, with £1 spent equalling one point.The update brings Lidl's system more line with rival supermarket...
UK long-term borrowing costs reach 28-year high
UK long-term borrowing costs reach 28-year highJust nowShareSaveAdd as preferred on GoogleFaisal Islam,Economics editorandRachel Clun,Business reporterGetty ImagesLong-term UK borrowing costs have reached their highest level since 1998 as the Iran war continues and concerns rise over political uncertainty in the lead-up to local and national elections.Government bond markets for major economies have all fallen since the US-Israeli conflict with Iran began, meaning the effective cost of borrowing...
PayPal Plans to Cut 20% of Workforce as CEO Seeks to Revamp
PayPal Holdings Inc. plans to cut around 20% of its workforce in the next two to three years, according to a person familiar with the matter, as new Chief Executive Officer Enrique Lores seeks to reduce costs and turn around the payments company. PayPal employed around 23,800 people at the end of the year, meaning a workforce reduction of that size could eliminate more than 4,500 jobs. It’s part of the company’s plan to realize at least $1.5 billion in savings over the next two to three years, a...
State pension age rises to 67 with millions facing delayed retirement
The state pension age began its gradual increase to 67 in April, marking a significant shift for millions of workers approaching retirement.The qualifying age will rise incrementally over the next two years until it reaches 67.Those born between April 6 and May 5, 1960 are the first cohort affected by the change, facing an additional one-month wait before receiving their payments.The adjustment reflects rising life expectancy, with many younger workers now expected to remain in employment into t...
Nissan to merge UK production lines and cut European workforce
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Subway closed 729 stores last year as chain continues to see dwindling number of locations, report says
USUS MoneySubway closed 729 stores last year as chain continues to see dwindling number of locations, report saysSubway remains the biggest chain in the U.S. despite recent closures Isabel Keane in New York Tuesday 05 May 2026 17:05 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"...
ECB Doesn’t See Enough Yet to Warrant Rate Hike, Villeroy Says
The European Central Bank doesn’t yet see enough impact on inflation from rising oil prices to prompt an increase in interest rates, outgoing Governing Council member Francois Villeroy de Galhau said.
Seattle-born AI tycoon says he's quitting his home city for red state over millionaire tax and arrogant attitude of woke mayor, 43, whose parents still pay her bills
Seattle-born AI tycoon says he's quitting his home city for red state over millionaire tax and arrogant attitude of woke mayor, 43, whose parents still pay her billsBy RACHEL BOWMAN, US SENIOR NEWS REPORTER Published: 16:59, 5 May 2026 | Updated: 17:00, 5 May 2026 e-mail View comments
Jim Ratcliffe warns UK's energy policy is ‘all over the place’ as Ineos pumps investment in Donald Trump’s US
Billionare businessman Sir Jim Ratcliffe has expanded his company’s stake in US oil after describing domestic energy policy as “all over the place”. Ineos Energy, which runs the energy-related operations of Ineos, the petrochemicals group founded by Sir Jim, has launched a joint venture with Shell Offshore in US waters. Ineos Energy announced last year that it would cut offshore funding in the UK in favour of the US. Company chairman Brian Gilvary said America had a “proper energy security and a...
Larry Fink Says Futures of Compute Will Be New Asset Class
BlackRock Chair and CEO Larry Fink suggests the demand for computing power is so large that a new asset class will spring up. He speaks at the Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg)
Consolidating your debt may not save you money this May. Here's why.
MoneyWatch: Managing Your Money Consolidating your debt may not save you money this May. Here's why. We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she...