Online Bank Accounts With High Interest Rates Could Lose Some of Their Shine

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Online Bank Accounts With High Interest Rates Could Lose Some of Their Shine

Big banks bet that online savings accounts would help them bring in customers when rates were rising. Now that rates are falling, that growth may stall. Many banks started offering these accounts—which often paid interest rates of at least 2%—in the past …
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Oil prices rise over 4% on positive economic data from China

NEW YORK (Reuters) – Oil prices rose more than 4% on Wednesday, boosted by a wider market pickup on positive news from China, after three days of losses due to fears about a weakening global economy. FILE PHOTO: Pumpjacks are seen during sunset …
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New risks emerge for accountants

“We're still at a high level of accounting firm sales, and by all accounts this pattern will continue, due to an aging profession and succession issues,”
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Cerner lays off 250 employees as part of cost-cutting effort

Cerner Corp. laid off 255 employees on Wednesday as part of an ongoing cost-cutting effort. That’s less than 1% of the company’s workforce, a spokesperson for the Kansas City, Mo.-based electronic health records vendor said in a statement. “As mentioned …
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Stock Market News Today: Sept. 12, 2019

The stock market had logged a solid rally by Thursday afternoon as trade tensions eased. The U.S. postponed the implementation of 5% extra tariffs on certain Chinese goods by two weeks, while China is considering increasing imports of American farm …
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