Personal Finance Advice and Commentary

CD rates plumbed new depths in April. Rates varied though. Savers in Cincinnati had access to CD rates half a percent higher than people in Pittsburgh.

Billionaire investor Warren Buffett says he sympathizes with CD investors hard-hit by years of falling CD rates.

A federal judge orders Allen Stanford, perpetrator of a massive Ponzi scheme involving fake CDs, to pay $6.7 billion in penalties.

Finding special CD offers takes some work. Savers may have to call the bank or credit union or go to the website to find out what specials are on tap.

If your bank isn’t up to snuff when it comes to capital, it’s possible the FDIC is capping the CD rates it can offer you.

The stereotype of the retiree living off the interest from CDs and savings is gone. The question is, will it ever return? It may take longer than you think.

With rates at historic lows, Americans are abandoning CDs en masse. Adjusted for inflation, CD balances nationwide are at their lowest level since 1968.

The minutes of the last Fed meeting show that many committee members see the end of QE at the end of 2013. Could that mean higher CD rates?

A CD can’t earn you much interest these days, but it can help you qualify for a CD-secured loan at many banks and credit unions.

Would you rather save money in a CD or buy a lottery ticket? What if you could do both at the same time?