Don't deposit $20,000 into either account type before calculating the interest-earning potential each offers now.

Governor Christopher Waller's comments come as tensions between Fed Chair Jerome Powell and President Donald Trump have reached a boiling point in recent days.

A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of President Trump’s tariffs. It will play into decisions by the Federal Reserve about when and whether to cut interest rates and comes as the president and his team have ramped up their pressure campaign on Fed Chair Jerome Powell.

A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.

Potential homebuyers may be able to save money with a little-known financing option, but they still need to watch their credit.

If, as expected, they show a continued fall in vacancies, then that strengthens the argument for going ahead with a cut in rates. Bloomberg is predicting a 4.9% unemployment rate, up from the 4.6% reported last month. But as always it is important to keep all the figures in perspective.

New tariffs on key building materials and persistently high interest rates are squeezing project budgets and increasing costs for the US construction industry.

Interest rate swaps create cash flow stability for borrowers at a lower interest rate than if they had entered into a fixed-rate loan directly. At the same time, lenders are guaranteed to get their payments at the floating market rate.

Sky News can exclusively reveal that accountants advising people who entered into a tax avoidance scheme, which was later found to be illegal by HMRC, were being paid a commission.

House Speaker Rep. Mike Johnson (R-La.) joins 'Squawk Box' to discuss the passage of the One Big Beautiful Bill Act, President Trump's economic agenda, what's next on the legislative agenda, Epstein files,