On Dec. 10, the Federal Reserve announced the third and final rate cut of 2025. While it was welcome news to borrowers, it was a different story for savers. Banks look to the Fed's benchmark rate when ...
Cara Tabachnick is a news editor at CBSNews.com. Cara began her career on the crime beat at Newsday. She has written for Marie Claire, The Washington Post and The Wall Street Journal. She reports on ...
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