Money market accounts (MMAs) can be a great place to store your cash if you're looking for a relatively high interest rate along with liquidity and flexibility. Unlike traditional savings accounts, MMAs typically offer better returns, and they may also provide check-writing privileges and debit card access. This makes these accounts ideal for holding long-term savings that you want to grow over time, but can still access when needed for certain purchases or bills. Find out which banks have the best MMA rat ...

Market Overview - U.S. stock futures showed volatility, fluctuating between gains and losses after declines on Monday, with major benchmark indices futures up [1] - The Federal Open Market Committee's two-day meeting is underway, with a focus on a potential rate cut decision expected tomorrow [1] - The 10-year Treasury bond yield is at 4.15%, while the two-year bond yield is at 3.58%, with an 89.4% likelihood of a rate cut during the December meeting according to CME Group's FedWatch tool [1] Futures Performance - Dow Jones futures increased by 0.04%, S&P 500 by 0.06%, and Nasdaq 100 by 0.02%, while Russell 2000 decreased by 0.06% [2] - SPDR S&P 500 ETF Trust (NYSE:SPY) rose by 0.063% to $684.06, and Invesco QQQ Trust ETF (NASDAQ:QQQ) increased by 0.016% to $624.38 in premarket trading [2] Stocks in Focus - Ares Management Corp. (NYSE:ARES) surged by 8.71% after being announced for inclusion in the S&P 500 index effective December 11 [6] - Nvidia Corp. (NASDAQ:NVDA) rose by 1.57% following confirmation from President Trump that NVDA can ship H200 chips to approved customers in China and other countries [6] - Toll Brothers Inc. (NYSE:TOL) fell by 3.49% after reporting mixed financial results for Q4 of fiscal 2025 [6] - Tesla Inc. (NYSE:TSLA) declined by 0.94% after Morgan Stanley downgraded it to equal-weight due to high valuation concerns [6] - Paramount Skydance Corp. (NASDAQ:PSKY) increased by 1.72% after launching a cash tender offer to acquire Warner Bros. Discovery Inc. (NASDAQ:WBD) for $30 per share, valuing the company at $108.4 billion [13] Economic Insights - Comerica's economic outlook indicates a cooling economy and an expected rate reduction of a quarter percentage point at the FOMC's final meeting of the year [10] - The report highlights a fragile economic backdrop with signs of a weaker job market and a contracting manufacturing sector for nine consecutive months [12] - Inflation pressures remain, particularly in food and energy costs, despite slowing economic activity [12]

President Donald Trump is headed to the Poconos for the first foray in a domestic travel push designed to address persistent voter frustration over inflation and affordability concerns https://t.co/Kc56cY8HZh ...

This story was originally published on CFO.com. To receive daily news and insights, subscribe to our free daily CFO.com newsletter. At the close of 2025, finance leaders are expecting modest gains in both revenue and profit going into the new year. That’s among the findings from a fourth-quarter outlook survey conducted Nov. 3-25 by the AICPA and CIMA. On average, respondents said they expect revenue to grow about 2% over the next 12 months, up from expectations of 1.5% in the third-quarter survey. Profi ...

Core Viewpoint - The Federal Reserve's upcoming decision on interest rates will significantly impact consumer prices, the job market, and corporate America, with a 90% chance of a quarter-point cut predicted by CME FedWatch [1]. Economic Data and Labor Market - The Federal Open Market Committee's decision is complicated by a recent government shutdown that disrupted key economic data releases, leaving the Fed without a complete picture of the U.S. economy [2][3]. - Key job and price data are delayed, including the October consumer price index and unemployment rate, which will not be available before the December meeting [3][4]. - The delayed September jobs report indicated more job additions than expected, but the increase in unemployment suggests ongoing concerns about the labor market [5][6]. Federal Reserve's Strategy - Economists expect the Fed to cut rates again but may adopt a wait-and-see approach afterward to assess economic developments [7]. - Some Fed members advocate for larger and more consistent rate cuts, indicating potential shifts in monetary strategy in 2026 as leadership changes [8]. Impact on Consumers and Businesses - A third consecutive rate cut could lower costs for major purchases, such as mortgages and auto loans, while also making credit card payments cheaper [9][10]. - Sustained rate cuts could enhance the job market by facilitating business borrowing and investment, potentially leading to increased consumer spending [12].

Most consumers want budgeting tools, but very few actually use them to manage volatility and the impact of inflation.Consumers expect inflation to stay elevated while believing their financial situations will worsen, according to NY Fed data.Inflation expectations are steady, but households are not. The latest results from the Federal Reserve Bank of New York released on Monday (Dec. 8th) show consumers believe prices will continue rising while personal financial conditions are poised to deteriorate.By comp ...

Asian stocks declined on Tuesday ahead of the Federal Reserve's interest-rate decision on Wednesday, where the U.S. central bank is broadly expected to deliver a 25 basis-point rate cut despite existing divisions with the committee. Traders remain anxious about the Federal Reserve's future easing pace, given conflicting trends of a cooling job market and sticky inflation, as well as gaps in the data from the government shutdown.The U.S. dollar was under pressure in Asian trade and gold traded below $4,200 ...

Key TakeawaysAustralia's central bank (RBA) maintained a hawkish stance, with Governor Bullock highlighting increased upside risks to inflation and the board's readiness to take necessary action, despite holding current rates.Japanese 2-year government bond yields surged to 1.065%, reaching their highest level since July 2007, as officials closely monitor forex market trends.Fintech firm Revolut completed a $75 billion funding round in November and is offering former employees the opportunity to sell shares ...

After months of ignoring the issue, Donald Trump is finally turning his focus to the outofcontrolled afford out of control affordability issue. Despite calling said crisis a quote conj job made up by Democrats tomorrow he will travel to Pennsylvania to tout his so-called economic agenda. But judging by a round table the president held today at the White House, it seems that his strategy will be to tell the voters to ignore their lived realities, just blame Joe Biden.>> We inherited a mess uh affordability, ...

Tonight, President Trump's new move to help key supporters hurt by his trade war with China, inviting farmers to the White House. >> We love our farmers and as you know, uh, the farmers like me, >> rolling out a 12 billion aid package for them, paid for by tariff revenue. >> This relief will provide much needed certainty to farmers, and it'll help them continue their efforts to lower food prices for American families.>> President Trump was elected on a promise to lower prices. Today's move, the latest in a ...