Best Savings Rates Today, Nov. 11, 2024: The Clock Is Ticking on High APYs After Last Week's Fed Rate Cut [CNET News]
LendingClub Corporation (LC)
Last lendingclub corporation earnings: 2/18 04:06 pm
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Source: CNET News
Key Takeaways Today's top high-yield savings accounts offer APYs up to 5.25%. Savings rates are falling after the Fed cut interest rates for the second time this year on Nov. 7. Now's the time to take advantage of high rates while they're still around. The best high-yield savings accounts still earn annual percentage yields, or APYs, up 5.25%, making now a good time to maximize your returns. The Federal Reserve cut the federal funds rate by 25 basis points at its November 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.” Fortunately, there's still time to earn a great rate if you want to grow your emergency fund or start a sinking fund . Read on to see CNET's picks for
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News
- Best Savings Rates Today, Nov. 13, 2024: Take Advantage of High APYs While You Still Can [CNET News]CNET 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. 8, 2024: Don't Let High APYs Pass You By. The Fed Cut Rates Again Yesterday [CNET News]CNET News
- Best Savings Rates Today, Nov. 7, 2024: Score a High APY Before Rates Drop Further [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