Best Savings Rates Today, Nov. 8, 2024: Don't Let High APYs Pass You By. The Fed Cut Rates Again Yesterday [CNET News]
LendingClub Corporation (LC)
Last lendingclub corporation earnings: 2/18 04:06 pm
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ir.lendingclub.com
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Source: CNET News
Key Takeaways You can earn up to 5.25% APY with one of today's best high-yield savings accounts. The Fed cut interest rates by 0.25% yesterday, meaning savings rates will likely fall further in the coming months. Now's the time to take advantage of high rates while they're still around. The clock is ticking on high savings account rates. The Federal Reserve cut the federal funds rate by 25 basis points at yesterday's Federal Open Market Committee meeting, meaning savings rates are likely to keep falling in the coming weeks. “While rate cuts may be positive for some borrowers, savers have been more challenged by the recent decline in rates,” said Sid Vaidya, the chief investment strategist at TD Wealth. “Our expectation is that interest rates will continue to fall gradually over the next 12 months. We've seen savings rates dip slightly since the Fed cut rates by 50 basis points on Sept. 18. But you can still earn an annual percentage yield, or APY, up to 5.25% with one of
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News
- 7 Things Gen Z Should Sell To Build Their Savings [Yahoo! Finance]Yahoo! Finance
- Best Savings Rates Today, Nov. 12, 2024: APYs Top 5% After Last Week's Rate Cut [CNET News]CNET News
- Best Savings Rates Today, Nov. 11, 2024: The Clock Is Ticking on High APYs After Last Week's Fed Rate Cut [CNET News]CNET News
- Best Savings Rates Today, Nov. 7, 2024: Score a High APY Before Rates Drop Further [CNET News]CNET News
- Best Savings Rates Today, Nov. 6, 2024: Now's the Time to Lock in a High APY [CNET News]CNET News
LC
Earnings
- 10/23/24 - Beat
LC
Sec Filings
- 11/12/24 - Form 4
- 11/8/24 - Form 4
- 11/8/24 - Form 144
- LC's page on the SEC website