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Monthly Archives: April 2023

Here’s how Apple’s new 4.15% savings account ranks among top rates

A person walks out of the Apple Store in Annapolis, Maryland, on February 2, 2023. Jim Watson | AFP | Getty Images As the Federal Reserve continues to hike interest rates, some online banks have been jockeying to offer the highest yields on savings. Now, Apple has entered the competition …

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Morgan Stanley says Asia will outpace the U.S. and Europe this year

A public screen displays stock figures in Shanghai, China, on Monday, Oct. 10, 2022. Bloomberg | Bloomberg | Getty Images Asia’s economic growth will outpace both the U.S. and Europe this year, led by strong domestic demand, according to Morgan Stanley. “The big argument that we’ve been making … for …

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Investors shouldn’t be ‘shadowboxing’ with recession fears

Investors would be wise to stop “shadowboxing with a recession that might never even come,” CNBC’s Jim Cramer said Monday, or they run the risk of missing out on a burgeoning bull market that has been in swing since fall 2022. Positive numbers have been consistently disregarded by commentators because …

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U.S. components found in Russian, Iranian military tech

Western companies were quick to shutter operations in Russia after the country’s military invasion of Ukraine last February. But U.S. and European microelectronic tech continues to power the Kremlin’s war. Key components from more than a dozen Western countries have been found in the military equipment used by Russian forces …

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How to set up an Apple savings account on an iPhone

Apple now offers a savings account administered through its iPhone app that allows users to accrue over 4% interest. Setting up the savings account is straightforward, although users are required to have an active Apple Card. Accounts are administered by Goldman Sachs. related investing news Once the account is opened, …

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Jalen Hurts’ $255 million contract sets an NFL record—he got it with an all-women management team

At 24 years old, Jalen Hurts has become the highest paid player in National Football League history, the Philadelphia Eagles announced on Monday. The quarterback signed a five-year extension contract with the Eagles for $255 million. He’ll be paid $51 million yearly, according to ESPN. That makes it the biggest …

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How to tell if you’ll receive a marriage penalty or bonus

Relationship and financial experts will both tell you it’s probably unwise to marry for money, whether that means ignoring compatibility or looking for purported tax benefits. Getting married doesn’t always help your financial situation, anyway, particularly when it comes to your taxes. For many married couples who file jointly, there …

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Last-minute move to reduce your 2022 taxes

Still haven’t gotten around to doing your 2022 taxes? You’re not alone. Nearly a third of Americans wait until the last minute to file their return, according to a recent survey from small business research site Chamber of Commerce. You have until tomorrow — April 18 — to get your …

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Feds seize nearly $1 billion in goods tied to forced labor

Since late June, federal authorities have seized $961 million worth of goods over suspected ties to forced labor, officials told CNBC. In many instances, companies have no idea their supply chain is tainted, officials said. CNBC received exclusive access in February to the Port of New York and New Jersey, …

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Ryan Reynolds on his investing strategy: ‘My job is storytelling’

Ryan Reynolds didn’t wait long before making his next big splash. Just a month after T-Mobile acquired Mint Mobile for $1.35 billion — Reynolds owned a reported 25% of the company at the time of the sale — the “Detective Pikachu” star has entered the payments industry. In a Monday …

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