The Federal Reserve isn't in a rush to cut interest rates, which means you could be on the hook for more taxes next year on the interest you earn now. These moves can help you soften that blow.

Bank of America expects record net interest income in 2025, the head of its retail banking unit said on Tuesday.

Unearned income such as short-term capital gains, unqualified dividends, and interest income is also ordinary income taxed at marginal (ordinary) tax rates. Ordinary income comes in two forms ...

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

This article focuses on an often-missed planning opportunity. The split interest income trust (a version of pooled income fund) provides for the creation of a charitable trust that provides an ...

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

Lansing — Michigan has made record interest income over the past two years off surplus cash that’s been invested while waiting to be spent on state roads, schools and services. The state made ...

Capital One Financial reported a 60% rise in fourth-quarter profit on Tuesday, as a higher income from interests helped the consumer lender. Consumer spending has remained strong on hopes of a soft ...

The bank said that it has a solid pipeline in its investment banking business while its net interest income, or the difference between what it earns on loans and pays out on deposits, would begin ...