NEXT explains that if you're an independent contractor, it's your job to pay taxes on your own—and you'll want as many 1099 ...

Each January, your mailbox and email are likely filled with tax forms. You'll receive a W-2 reporting your wages if you work for an employer. But if you do any self-employed or freelance ...

That means your CD interest is taxed at your ordinary federal income tax rate based on your tax bracket. Tax rates for the ...

When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks ...

The IRS views interest on a savings account as earned income, whether it's $1 or $1,000. So, if you received interest on a ...

What is a high-interest current account? Whether you've just got paid or have funds put aside for emergencies, there's likely to be money sitting in your current account – but is it earning interest?

One credit union has an account that pays over 6% APY. Not everyone qualifies, and you also won't earn this high interest rate on your entire balance. Plenty of savings accounts available ...

Ensuring that your cash savings are earning the highest possible rate of interest is one of the simplest steps you can take to optimise your finances. In March 2025, the best available interest ...

as uncertainty over U.S. interest rates and the upcoming presidential elections kept the safe haven in demand. At 04:10 ET (08:10 GMT),... Top 5 things to watch in markets in the week ahead By ...

The Trump administration may be intentionally creating uncertainty in the stock markets to corner Federal Reserve chair Jerome Powell into lowering interest rates, according to a market commentator.

Wondering what’s in store for interest rates? Rate cuts are on pause for now, but we think that’s only temporary. We expect a further 2 percentage points in cuts to the federal-funds rate by ...

Claire Dickey is a Newsweek senior editor based in Florida. Her focus is reporting on personal finance news, with extensive coverage related to credit cards and banking. Claire joined Newsweek in ...