Apple, Goldman Sachs introduce curiosity-bearing savings accounts as premiums increase

Critical Factors

Apple will shortly allow Iphone end users to put credit score card rewards from Apple Card and extra cash from independent bank accounts into a financial savings account.
The account, which is principally accessed via the iPhone’s Wallet app, will accrue interest, Apple reported.
Goldman Sachs will administer the financial savings account.

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Finance

Israel-Iran attacks and the 2 other things that drove the stock market this week

June 14, 2025

What was shaping up to be a relatively calm week quickly got volatile on Friday, following Israel’s overnight strike on Iran. Here is a closer look at the three biggest themes that defined the market this week. 1. Geopolitics: The attack on Iranian nuclear infrastructure rippled through financial markets on Friday. U.S. stocks sold off […]

Finance

Power play: Two money managers bet big on uranium, predict long shelf life for gains

June 14, 2025

ETF Edge Power play: Two money managers bet big on uranium, predict long shelf life for gains Published Sat, Jun 14 202511:00 AM EDT Siena Griffin@siena_griffin WATCH LIVE Source

Finance

This credit card behavior is an under-the-radar risk: ‘Be very careful,’ expert says

June 14, 2025

Key Points “Credit cycling” is potentially risky behavior with credit cards, but isn’t widely known, experts said. It involves repeatedly maxing out cards and paying down the balance, effectively letting cardholders spend beyond their allotted credit limit. Card companies could close users’ accounts and cancel their rewards, among other risks, experts said. Source