Bankrate

Having already laid the groundwork with two interest rate hikes this year, the Federal Open Market Committee took an unprecedented step to tighten its monetary policy Wednesday. As expected, the FOMC confirmed it would begin to contract its sizeable balance sheet and shrink its bond portfolio in...

“This is a seismic event that is rattling out from Seattle, as it has the promise of transforming a space that all American consumers have to do business in,” Bankrate.com’s senior economic analyst Mark Hamrick told Benzinga, referring to Amazon.com, Inc. (NASDAQ: AMZN)'s...

Americans are bad at saving money, but there is some encouraging news. Americans are feeling better about how much cash they're saving, according to a new Bankrate.com report. Although any improvement in sentiment is welcome, the fact remains that American consumers aren't putting away more...

A survey by Bankrate found that close to 40 percent of Americans believe the results of the U.S. election won't have any impact on their finances. According to Bankrate's survey, 28 percent of respondents believe a Donald Trump White House would have a positive effect on their finances, while 26...

Without a proper payback strategy, acquiring loans may send your credit down the drain. Bankrate suggests that reasons for debt can range from medical bills to divorce to not understanding the mechanics of cash flow and the importance of saving. Whatever the reason or combination of reasons,...

No doubt, the cost of a motor vehicle varies depending on model type, how you accessorize (i.e., the color of the vehicle, the material of the seats, including a television or a sunroof, etc.) and fuel economy. Hyundai's Accent, Chevy's Spark, Ford's Fiesta and Kia's Rio consistently rank among the...

Both Hillary Clinton and Donald Trump have been campaigning hard to convince Americans that they can fix the U.S. economy and “make America great again” with their respective policy agendas. Ironically, a new survey from Bankrate indicates that a majority of Americans see the election...

Retirement used to mean that an individual doesn't have to work anymore. However, a new survey conducted by Bankrate indicates that only 25 percent of people have no plans to continue working during retirement. According to Bankrate, 70 percent of non-retired Americans plan on working as long as...

We’d all love to make more money, but we only have a limited amount of time and energy. However, there are a number of ways to supplement your paycheck by earning passive income. Passive income is income you earn from a source that requires little or no day-to-day involvement on your behalf....

The financial security of Americans' continues to improve, according to Bankrate's Financial Security Index. For the 26th month in a row, the Bankrate Financial Security Index, which surveys individuals' sentiments toward debt, savings, job security, net worth and overall financial situation, "...

Goldman Sachs Group Inc (NYSE: GS) has for over a century been associated with uber-wealthy investors and corporate titans, handling exclusively deals with astronomical values. With such a reputation, the introduction of GS Bank, which accepts deposits as low as $1, may seem counter-intuitive. Seen...

The rise of Fintech has posed a serious threat to the traditional branch banking model. Neobanks and other online financial services companies are able to avoid the costs of running and staffing physical branches, and they can pass those savings on to their customers. A new study by Bankrate,...

A new study by Bankrate has shown that Americans are paying big bucks to celebrate their special someones this weekend. Bankrate created a Be My Valentine Index, which includes the going market prices for Valentine’s Day staples. Although Americans don’t spend nearly as much on...

It’s hard to believe that it’s already December, but 2015 is quickly drawing to a close. Tax day for Americans is still more than four months away, but the financial decisions you make in the last remaining weeks of the year can make a big impact on the size of your 2016 tax bill. Here...

The backpacks have long been put away, and you can't remember the last time you've packed their lunches. It's back-to-school season, but your kids are grown. However, just because you aren't shipping the kids off to school this August doesn't mean you can't take...