The Latest Breaking News from FDIC

When you deposit money into a bank account, it doesn’t just sit in a vault waiting for you to use it. In fact, while you’re...

NBA All-Star Giannis Antetokounmpo has a strong investment portfolio, but that wasn't always the case. When Antetokounmpo was a young player, he thought spreading his NBA salary across half a dozen different banks to get Federal Deposit Insurance Corporation protection was the best way to safeguard his wealth.

There are some misunderstandings that are leading to two major financial missteps that could cost consumers hundreds, or even thousands, of dollars over time.

New laws on interchange fees will transform credit card payments into detailed government-accessible records of every item purchased, including firearms

Retirement is supposed to be a time to relax, not worry about money. However, even the safest-looking retirement investments can suddenly collapse without warning. Many people trust their nest eggs to options that seem stable, only to watch them disappear overnight. This can leave retirees scrambling to cover basic expenses…

Federal enclaves, false alarms, and pseudonymous lawsuits.

From Doe v. Hill, decided today by D.C. Circuit Judge Patricia Millett, joined by Judges Neomi Rao and Judith Rogers:… The post No Pseudonymity for Would-Be FDIC Employee Challenging Ban on Employment of Felons appeared first on Reason.com.

High-yield savings accounts are everywhere right now. Banks and online platforms promise rates that seem much better than what you’d get from a regular savings account. You might see ads for “5% APY” and wonder if it’s too good to be true. With so many people looking for safe places…

High-yield savings accounts are everywhere right now. Banks and online platforms promise rates that seem much better than what you’d get from a regular savings account. You might see ads for “5% APY” and wonder if it’s too good to be true. With so many people looking for safe places…