Certificates of deposit, commonly referred to as CDs, are deposit accounts that earn a fixed interest rate over a set term. While some CDs offer higher APYs, there are penalties for touching the funds ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...

Lisa Goetz is a finance content writer for Investopedia. She typically covers insurance, real estate, budgets and credit, and banking and taxes. Ebony Howard is a certified public accountant and a ...

The Federal Deposit Insurance Corporation, or FDIC, insures deposits if a member bank or financial institution fails. It guarantees common account types, including checking accounts, savings accounts ...

Mortgages have downshifted a bit from highs earlier in the week but continue to fluctuate with the latest economic news. Retail sales were up more than expected, and jobless claims were down, showing ...

North Korea's Kim Jong Un tours hotels with daughter, lauds economic progress North Korean leader Kim Jong Un attended the opening ceremonies of hotels in a tourist zone of the country with his ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

Capital at risk. The value of your investments can go up and down, and you may get back less than you invest. 19 December: Gold opened at £3,231.30 per ounce today, the highest opening price since ...