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Why Fed Rate Hikes Affect Your Savings

CNET Money expert Laura Michelle Davis pours us a big cup of fed rates. Cheers! #fedrate #money #explainer #banking #debt

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CNET Money expert Laura Michelle Davis pours us a big cup of fed rates. Cheers! #fedrate #money #explainer #banking #debt

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4 Comments

4 Comments

  1. @JaimeeNishiokaka

    July 31, 2024 at 2:31 pm

    My attempt at sexting ended with autocorrect changing “naughty” to “haughty.” Nothing like accidentally insulting your partner to kill the mood????

  2. @lisaboban

    July 31, 2024 at 3:00 pm

    Sure. Except .. historically bank have been very slow to increase rates on savings and very fast to increase rate on debt. Many loans are tied to indexes like the Wall Street Journal rate or the Federal Home Loans Bank rates. But savings rates are “at the banks discretion”. So while your little coffee illustration is theoretically how things work, the reality is not so “sweet”.

  3. @PMichaels

    July 31, 2024 at 3:16 pm

    Thanks, Obama… ????

  4. @rawwr2469

    July 31, 2024 at 6:27 pm

    They must think we’re complete morons.

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CNET

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Bridget might have found the perfect method to actually make Siri AI… useful? It all starts with a few habit changes. Watch the full step-by-step on CNET. Video Credits Host: Bridget Carey Videographer/Editor: Carly Marsh Add CNET as a trusted news source Never miss a deal again! See CNET’s browser extension 👉 Check out CNET’s…

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Bridget might have found the perfect method to actually make Siri AI… useful? It all starts with a few habit changes. Watch the full step-by-step on CNET.

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#onemorething #bridgetcarey #siri #ai #apple #iphone #ios

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Science & Technology

The Biggest Startup Mistakes a Lawyer Can’t Fix

You might not need a lawyer before you start fundraising but you do need to set up a good legal foundation. In this episode of Build Mode, the CEO and founder of Lexsy Kristina Subbotina breaks down the four unfixable mistakes that can make a startup unfundable or kill it outright. Watch the full episode…

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You might not need a lawyer before you start fundraising but you do need to set up a good legal foundation.

In this episode of Build Mode, the CEO and founder of Lexsy Kristina Subbotina breaks down the four unfixable mistakes that can make a startup unfundable or kill it outright.

Watch the full episode here:

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Bloomberg Technology

Why Twilio Sees More AI Upside Ahead

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Twilio shares surged after the cloud communications company beat expectations and delivered record profitability and free cash flow. CEO Khozema Shipchandler joins Bloomberg to explain why AI is still only a modest contributor to revenue today, how Twilio’s global communications infrastructure creates a competitive moat, and why he sees agentic AI as a long-term tailwind for the business. He joins Ed Ludlow on “Bloomberg Tech.”
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