Rising interest rates have been a double-edged sword. While they’ve been tough on borrowers, savers have seen a significant ...

Negative interest rates occur when prices begin to start dropping to low levels as the value of a nation's currency increases. At these times, central banks may resort to negative interest rates. The ...

Chief Financial Officer Jeremy Barnum said Tuesday the mid-year trough narrative regarding the bank's net interest income "is ...

Getting out of zero interest rate policy (ZIRP) was not a smooth or easy process. It took the onset of massive inflation, ...

Bank of America's retail banking head, Holly O'Neil, has projected a record net interest income (NII) for the year 2025. The bank anticipates a growth rate of 6% to 7%, with the consumer sector ...

If CD interest rates do drop, it's likely because the economy isn't performing as well as expected. "A few things typically can lead to a downward trend for traditional CD rates — slowing or ...

The IRS treats interest earned on money in a savings account as taxable income. Your financial institution issues a 1099-INT form if you earned at least $10 in interest in the previous tax year.