US, China Trade Differences Persist

US and China have different trade priorities for Asia The US and China are sending different messages about their priorities for Asia, just over a week after the two presidents met in Beijing. China's economy relies significantly on exports, accounting for about 28% of the

ECB Resists Euro Stablecoin Proposals

ECB cites financial stability risks The ECB is pushing back on proposals to support euro stablecoin issuers due to concerns over financial stability risks. The ECB's resistance is led by President Christine Lagarde, who warns that stablecoin issuance can make bank dep

Bitcoin Plunges Below $74,300

Bitcoin falls over 10% from recent high Bitcoin has fallen to about $74,300, more than 10% below its early May peak. The decline is attributed to rising U.S. and global bond yields, which reduce demand for riskier assets. U.S.-listed spot bitcoin exchange-t

Savings Account Rates Reach 4.1% APY

Top savings accounts offer up to 4.1% APY The national average savings account rate stands at 0.38%. Some savings accounts are offering higher rates, with the highest being 4.1% APY from CIT Bank. A $1,000 deposit at the average interest rate of 0.38% would

CD Rates Reach 4% APY

Top CD rates offered on shorter terms The highest CD rate is 4% APY, offered by Marcus by Goldman Sachs on its 14-month CD. This rate is higher than what can be earned with a one-year CD with 1.52% APY, which would grow a $1,000 deposit to $1,015.20. In cont

Money Market Accounts Offer High Rates

Top accounts offer over 4% APY The national average money market account rate stands at 0.57%. Some top accounts are currently offering over 4% APY. The highest rate of 4.01% APY is offered by TotalBank Online Money Market Deposit Account, requiring a $2,500 minimu

HELOC Rates Remain Low At 7.21%

HELOC rates are currently at 7.21% on average The average HELOC rate is 7.21%, with rates having hit a 2026 low of 7.19% in mid-January and again in March. The national average rate on a home equity loan is 7.36%, matching the 2026 low seen in mid-March. Rates ar

Mortgage Rates Decline

30-year fixed rate falls 12 basis points to 6.34% The current 30-year fixed mortgage rate has decreased by 12 basis points to 6.34%. The 15-year fixed rate and the 5/1 ARM have also fallen, by 7 basis points to 5.90% and 19 basis points to 6.29%, respectively.