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Business Curio

August 12, 2024

CDs are having a hot moment right now

4 CQ

In the midst of recent market volatility, many investors are seeking safe havens for their money. Cue the handy-dandy certificate of deposit, which is currently giving guaranteed returns of 4% or 5% at many financial institutions — but that may change when the Federal Reserve cuts interest rates. Also: a look at Japan’s market rebound, cash prizes that come with Olympic medals and the Justice Department’s antitrust case against Google.

Aired August 6, 2024

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