A cashier’s check, also known as an official bank check, is a payment instrument issued by a bank or credit union to a third party, usually on behalf of a bank customer who pays the bank the face value of the check. In a major transaction, such as buying a boat or a home, a cashier’s check assures the payee that the funds are there because the check is backed by the bank’s…
While there are many types of lenders willing to give you a personal loan, there is no one best option. Depending on where you prefer to manage your money and the loan’s terms, fees and interest rates, you may find a great personal loan at a credit union, bank or online lender.
If your money has been sitting at the same financial institution for a while, it's a good time to see if there's a better option out there.
A Bankrate survey published earlier this year found the average U.S. adult has used the same primary checking account for a...
Even in a financial crisis, credit scoring still works the same as it always has. But managing your credit may look a little different now as the coronavirus pandemic leads to widespread financial upheaval.
As money gets tighter, especially if you can’t pay every bill in full, you’ll need to be strategic — and perhaps accept a lower score temporarily.
When economic times get tough or the stock market looks jittery, investors often turn to gold as a safe haven. For example, interest in gold surged in early 2020 during the coronavirus crisis and the recession that followed it, as investors looked for a safe asset to park their money.
New York faces a gold rush after the pandemic threw precious-metal markets into disarray, setting off a scramble by traders to cut their losses.
Bullion vaults approved by the Comex division of the New York Mercantile Exchange house a record 29.7 million troy ounces, according to FactSet data going back...
The World Bank said Monday that the COVID-19 pandemic will shrink global GDP by 5.2% in 2020, the worst since World War II and nearly three times as steep as the 2009 global recession.
Although the World Bank projects a rebound of 4.2% in 2021, it warned that an “even...