To keep your spare cash growing, consider placing it in a high-yield savings account or investing in securities with strong return potential. Letting your money sit idle is a missed opportunity to ...

Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

Ameriprise on Monday became the latest brokerage to be sued over its cash sweep account program, facing allegations that the company failed as a fiduciary by keeping big spreads for itself rather than ...

The legal scrutiny of how banks and brokerages treat their customers during high interest rates intensifies as the phase is drawing to a close. Many large U.S. banks are accused of deceiving clients ...

Imagine signing up to a market-leading internet provider, only to discover sometime later that not only were other companies offering better deals, but your provider hadn’t exactly broken its back to ...

You might not think about the idle cash in your brokerage account very often. But behind the scenes, your money may be earning your brokerage company a lot more interest than it is earning you. Cash ...

Banking giant Wells Fargo & Company and two of its affiliates, Wells Fargo Clearing Services LLC and Wells Fargo Advisors—are being sued by an investor who alleges the firm breached its fiduciary duty ...

The Federal Reserve has increased its benchmark interest rate nine times since the start of 2022. That makes mortgages, credit cards and other types of debt more expensive. But it also increases the ...

The cash sweep lawsuits continue to pile up, as Ameriprise Financial and LPL Financial were hit again this week with class action suits calling them to task for “paltry” interest rates paid to clients ...