Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Certificate of deposit (CD) accounts have generated strong yields for savers who locked in high rates in 2023 and 2024. Around a year ago, you could find some CD APYs up to 6%. Now many of those same ...

With Federal Reserve rates remaining mostly stable until recent months, savers largely reaped the benefits of high returns on their money, including with certificates of deposit (CD) accounts. While ...

The clock is ticking. The next Federal Reserve meeting concludes on Sept. 17, and most experts expect a rate cut to be announced at that time. For savers, that's bad news: High-yield savings accounts ...