Savings interest rates today, December 23, 2024 (Top rate at 4.75% APY)

The Federal Reserve cut the federal funds rate this month, which means deposit rates will soon follow. It’s more important than ever to ensure you’re earning the highest rate possible on your savings, and a high-yield savings account could be the solution. These accounts pay more interest than the typical savings account — as much … Read more

In-person shopping makes a comeback amid record-spending holiday season

Total holiday spending this year is expected to be at least $24 billion higher than last year, according to the National Retail Federation. Shoppers are ready to drop some cash this holiday season as total spending this year is expected to be at least $24 billion higher than last year, according to the National Retail Federation. Online … Read more

Trump 2.0 is a ‘recipe for volatility’ in 2025, says Piper By Investing.com

Investing.com — Donald Trump’s return to the White House could bring heightened market instability in 2025, according to Piper Sandler, describing the economic environment as a “recipe for volatility.” The investment bank draws comparisons to the early 1980s, suggesting that Trump’s return mirrors the conditions Reagan faced when he took office, inheriting inflationary pressures and … Read more

British people cannot be ‘easily bought’, says Badenoch in Musk dig

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Conservative leader Kemi Badenoch has claimed it might be “counterproductive” if Nigel Farage accepted a big donation from Elon Musk, saying “people don’t necessarily like to see politics being bought”. Badenoch, criticised by some Tories … Read more

UP seeks Centre’s support for building three research centres in Lucknow

The Uttar Pradesh government has requested financial support from the Centre to establish three research centres in Lucknow, sources told Business Today TV. These proposed centres include a Solar Energy Research Centre, an Environmental Studies Centre, and an Advanced Technological Research Centre. According to an official, the initiative aims to strengthen domestic research, promote self-reliance … Read more

SPAC Copley Acquisition eyes US$150 million NYSE IPO, seeks targets in tech, lifestyle sectors

Copley Acquisition, a special purpose acquisition company (SPAC) backed by Hong Kong-based investment firms Pacific Aegis Capital Management (PACM), Gobi Partners and Hermitage Capital, plans to raise US$150 million on the New York Stock Exchange (NYSE). The SPAC priced its initial public offering (IPO) of 15 million units at US$10 each, according to its filing … Read more

Google offers to loosen search deals in US antitrust case remedy By Reuters

By Jody Godoy (Reuters) -Alphabet’s Google (NASDAQ:) proposed on Friday a loosening of its agreements with Apple (NASDAQ:) and others to set Google as the default search engine on new devices, in a bid to address a U.S. ruling that it unlawfully dominates online search. The proposal is much narrower than the government’s push to … Read more