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The Latest Breaking News from FDIC

2 Costly Mistakes Americans Make With Their Savings, According to Bank Study

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

GOBankingRates

Turning Credit Cards into Comprehensive Financial Surveillance

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

Reason

6 Retiree Investments That Went Bust With Zero Warning

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…

Clever Dude

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Short Circuit: An inexhaustive weekly compendium of rulings from the federal courts of appeal

Federal enclaves, false alarms, and pseudonymous lawsuits.

Reason

No Pseudonymity for Would-Be FDIC Employee Challenging Ban on Employment of Felons

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.

Reason

Are “High-Yield” Savings Accounts a Scam or a Goldmine?

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…

The Free Financial Advisor

6 Comments That Can Get You Banned From the Family Chat

Clever Dude

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6 Low-Risk Investment Ideas for Nervous First-Timers

Dipping your toes into the world of investing can feel intimidating, especially if you’re worried about losing your hard-earned money. The good news? You don’t have to take big risks to start building your financial future. There are plenty of low-risk investment ideas that can help you grow your savings…

The Free Financial Advisor

The best places to park your short-term investments

As you sift among the various options for your short-term investments, keep these key items on your dashboard: yield, guarantees, liquidity and your individual situation

The Independent UK

Bitcoin, Altcoins Pump After Federal Reserve Board Withdraws Crypto Notification Rules For Banks

Bitcoin and major altcoins pumped Thursday night after the Federal Reserve Board announced banks can now engage in crypto activities without advanced notice, marking a major pivot that could affect broader adoption.

International Business Times

Why weakening U.S. bank regulators could repeat the mistakes of the 2008 financial crisis

As United States President Donald Trump’s tariff announcements wreak havoc on stock markets, concerns are mounting over the possibility of a global financial crisis.

The Conversation

Cryptocurrency will not save the Democratic party

The Democratic representative Ritchie Torres joined forces with a Republican to form the Congressional Crypto caucus. That’s a dangerous move

The Guardian - US

America must harness stablecoins to future-proof the dollar

A stablecoin market with the right guardrails can strengthen the U.S. dollar’s dominance in global finance.

Fortune

The spectacular Synapse collapse: Inside the ugliest divorce in fintech, which left $200 million in customer money frozen

Is the failure of this buzzy startup a canary in the coal mine for bigger problems in fintech?

Fortune

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Latin Times

James Comer Gives FDIC Hard Deadline to Hand Over Documents Related to 'Politicized' Crypto Regulation

The House Oversight Committee launched the investigation a month ago over what he has described as the "debanking" of conservative individuals due to their political views or involvement in the crypto industry

The Independent UK

Hundreds in DOGE purge had jobs not paid by taxpayers - lowering the amount of savings America sees by cuts

The recent firings at the Food and Drug Administration and the Federal Deposit Insurance Corporation ‘do nothing to reduce the federal budget’

The Independent UK

How to set and invest your emergency fund

For people who already have high-interest-rate debt, having an emergency fund can help guard against resorting to additional high-cost financing in a pinch

Fortune

The top savings accounts earn up to 5.00% APY. See our list of the best high-yield savings account rates today, February 18, 2025

Some high-yield savings accounts are still offering rates around 5%. Check out our ranking of the highest savings account rates available today.

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news in one place.

100's of premium titles.
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Fortune

The top savings accounts today earn up to 5.00% APY. See our listing of the best high-yield savings account rates of February 17, 2025

Some high-yield savings accounts are still offering rates around 5%. Check out our ranking of the highest savings account rates available today.

Roll Call

Trump's choice to lead CFPB, McKernan, left FDIC Monday - Roll Call

President Donald Trump chose a former FDIC board member to lead the CFPB, an indication that he may not want to dismantle the agency.

Salon

"Debanking" dispute reaches Congress

Republicans held congressional hearings on crypto industry claims that traditional banks won't serve them

International Business Times

President Trump Signs Executive Order On Cryptocurrency

Donald Trump has signed a crypto-focused executive order, highlighting some of the promises he made during his campaign.

International Business Times

Trump Ally Threatens Action If FDIC's Alleged 'Destruction' Of Crypto Choke Point Documents Proven

Sen. Cynthia Lummis said the FDIC has been accused of destroying materials related to Operation Choke Point 2.0, an alleged initiative by the Biden administration in coordination with regulators to block banks' engagement with digital assets.

Fortune

BlackRock, Vanguard and State Street own huge amounts of bank shares—but only one agrees with FDIC policy on undue influence

Vanguard has already signed an agreement with the FDIC while BlackRock is reportedly pushing to delay until the Trump administration takes over later this month.

Kiplinger

Where to Store Your Cash in 2025

If you're looking to reach year-end savings goals, here are the top picks to achieve this.

1 2 3 4 5

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