$80,000 CD vs. $80,000 high-yield savings account vs. $80,000 money market account: Here’s which will be most profitable now

The interest-earning potential of CDs, high-yield savings and money market accounts will be similar but it won’t be identical. Andrew Yalansky/Getty Images A Federal Reserve meeting in the final days of April that resulted in interest rates staying paused may not have been the development millions of American borrowers were hoping for. But it will …

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Treasury Department Tells US Banks to Flag Suspected Iranian Money-Laundering Networks

WASHINGTON (AP) — The Treasury Department wants U.S. banks and other financial institutions to monitor for suspected Iranian money laundering networks that use their funds to smuggle sanctioned oil through shell companies and crypto networks. The move, which effectively deputizes the global financial system to help disrupt Iran’s sanctions-evasion infrastructure, comes as the U.S. and …

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Trump Says He Will Discuss Arms Sales to Taiwan With China’s Xi

WASHINGTON, May 11 (Reuters) – U.S. President Donald ⁠Trump ⁠said on Monday ⁠that he would discuss the topic of arms ​sales to Taiwan with Chinese President Xi Jinping in Beijing this ‌week. “I’m going to have that ‌discussion with President Xi,” Trump told reporters at ⁠the White ⁠House when asked about Washington’s longstanding support for …

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