The APY and the interest rate are two key figures to know when storing money in a savings account or other interest-earning bank account. Both are expressed as percentages, but an account' ...

Annual percentage yield (APY) is the effective annual rate of return on an investment. Learn how it accounts for compounding interest and how it differs from APR.

Discover how annual percentage yield (APY) impacts your CD investments and learn to compare rates for maximizing returns, with tips on calculating and understanding APY.

The best high-yield savings accounts continue to offer up to 5.00% APY -- for now. Grab one while you can before rates slide ...

Savers can still find CDs with maturities from six months to five years offering 4.00% APY or higher Staff Personal Finance Editor, Buy Side Valerie Morris is a staff editor at Buy Side and a personal ...

Short-term, 6-month certificate of deposit yields are down 29 basis points in the past year to an average of just 1.51% APY, according to the latest government data. But banks and credit unions ...

For parents, a kids savings account allows them to teach their children about finances in a more meaningful way than a simple dinner-table lecture. Kids can make deposits and withdrawals and watch ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

The best high-yield savings accounts continue to offer up to 5.00% APY -- for now. Grab one while you can before another potential rate cut next week.