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At Arctic conference in Alaska, Obama calls for U.S. leadership on climate
  Reuters
Mount McKinley in Alaska is renamed Denali
Which U.S. president has the tallest mountain?

3 major hurricanes over Pacific for first time ever
 NASA
Hurricane Katrina: New Orleans 10 years later
Atlantic hurricanes lose sway over oil and gas

State Department releases more Clinton emails
U.S. Democratic presidential candidate Hillary Clinton speaks during an event at the New York University Leonard N. Stern School of Business in New York July 24, 2015.  Reuters
Clinton says she supports ‘revolving door’ bill
Biden a tougher matchup than Clinton: poll

Wes Craven’s 5 highest grossing films
Wes Craven’s 5 highest grossing films  Everett Collection

Beijing bumbling is now China’s biggest problem
Paramilitary police officers stand in a line next to passengers as they stand guard at a bus station on Chang'an Avenue near Tiananmen Square, ahead of the APEC leaders summit in central Beijing, on Friday, November 7, 2014.   Reuters
Goldman cuts China economic growth targets
China ‘punishes’ nearly 200 over rumors
Chinese stocks cap a brutal August with loss

Apple, Cisco team to put business users on iOS
Apple Inc.'s iPad Mini is held for a photograph during an Apple launch event in San Jose, California, U.S., on Tuesday, Oct. 23, 2012. Apple Inc. introduced a smaller version of the iPad designed to keep customers from buying low-cost tablets from competitors Microsoft Corp., Amazon.com Inc. and Google Inc. Photographer: Noah Berger/BloombergA iPad mini is pictured during an Apple Inc. launch event on Tuesday, Oct. 23, 2012, in San Jose, California, U.S.Photographer: Noah Berger/Bloomberg News.  Bloomberg
Apple TV could soon be twice as expensive
Lost Apple deal leads to 40% job cut at GT
What to expect at Apple event in September

His brother wants a loan from their late dad repaid
 Terrence Horan/MarketWatch

Here’s why Elon Musk   fears the ‘robocalypse’
Here’s why Elon Musk fears the ‘robocalypse’ Elon Musk
Google’s ‘terrifying’ takes to the wild
A tour of the world’s first robot-staffed hotel

Jobs report could stop rate hike — but not ensure one
Jobs report could prevent rate hike — but unlikely to ensure one
After Jackson Hole, no clear path for the Fed
Where every Fed member stands on rates
Fischer: Fed watching China more closely

Is this all the investing advice you’ll ever need?
Is this all the investing advice you’ll ever need? Harold Pollack
Wild market no threat to your income, spending
/conga/frontpage.html 353762

Markets »

141.44MDow Volume:
Avg Vol: 109.98M
Unchanged
217
Decliners
3378
Advancers
3004
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,528 -115 0.69%
Nasdaq
/quotes/zigman/12633936/realtime 4,777 -52 1.07%
S&P 500
/quotes/zigman/3870025/realtime 1,972 -17 0.84%
GlobalDow
/quotes/zigman/629063/realtime 2,355 0 0.01%
Gold
/quotes/zigman/662444/delayed 1,141 +9 0.77%
Oil
/quotes/zigman/2331095/delayed 47.69 -1.51 3.07%
FTSE 100
/quotes/zigman/3173262/delayed 6,248 +56 0.90%
DAX
/quotes/zigman/2380246/delayed 10,259 -39 0.38%
CAC 40
/quotes/zigman/3173214/delayed 4,653 -22 0.47%
FTSE MIB
/quotes/zigman/1482176/delayed 21,942 -52 0.24%
IBEX 35
/quotes/zigman/2759620/delayed 10,259 -94 0.91%
Stoxx 600
/quotes/zigman/2380150/delayed 363 0 0.13%
Asia Dow
/quotes/zigman/6959860/realtime 2,754 -30 1.08%
Nikkei 225
/quotes/zigman/5986735/delayed 18,440 -450 2.38%
Hang Seng
/quotes/zigman/2622475/delayed 21,573 -97 0.45%
Shanghai
/quotes/zigman/1859015/delayed 3,172 -34 1.06%
Sensex
/quotes/zigman/1652085/delayed 26,283 -109 0.41%
Singapore
/quotes/zigman/1709939/delayed 2,910 -12 0.40%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 +0.01 0.52%
Yen
/quotes/zigman/16008150/realtime/sampled 120.80 -0.42 0.35%
Pound
/quotes/zigman/16008140/realtime/sampled 1.54 +0.01 0.33%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 +0.00 0.34%
DXY Index
/quotes/zigman/1652083/delayed 95.57 -0.36 0.37%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.15 -0.29 0.33%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.19 -0.02 1.08%
German 10y
/quotes/zigman/15866409/realtime 0.73 -0.01 1.33%
Italy 10yr
/quotes/zigman/15866497/realtime 1.92 +0.01 0.45%
Spain 10yr
/quotes/zigman/15866444/realtime 2.06 0.00 0.19%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.85 -0.02 0.96%
Japan 10yr
/quotes/zigman/15866525/realtime 0.39 +0.00 1.05%
Crude Oil
/quotes/zigman/2331095/delayed 48 -2 3.07%
Gold
/quotes/zigman/662444/delayed 1,141 +9 0.77%
Corn
/quotes/zigman/7599553/delayed 374 -2 0.47%
DJIA F
/quotes/zigman/38649152/delayed 16,254 -254 1.54%
S&P F
/quotes/zigman/30356461/delayed 1,936 -34 1.71%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.34%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 89.43 -1.58 -1.74%
AAPL /quotes/zigman/68270/composite 112.76 -0.53 -0.47%
GOOG /quotes/zigman/30194416/composite 618.25 -12.13 -1.92%
BAC /quotes/zigman/190927/composite 16.34 -0.02 -0.12%
C /quotes/zigman/5065548/composite 53.48 0.20 0.38%
F /quotes/zigman/264304/composite 13.87 0.13 0.95%
T /quotes/zigman/398198/composite 33.20 -0.09 -0.27%
BP /quotes/zigman/247026/composite 33.54 0.28 0.84%
GE /quotes/zigman/227468/composite 24.82 -0.34 -1.35%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
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Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

SPONSORED SECTIONS

Trending Tickers
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  • /quotes/zigman/242119/composite STJ-2.49%
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Our real-time advice on how market shifts and news impact you and your money

Bank Lending Up, But Will Savers Benefit?

A pickup in lending by big banks may be welcome news for borrowers, but experts say it won’t necessarily benefit savers.

As part of its first-quarter earnings announcement today, Citigroup said lending jumped 12% from a year ago. Wells Fargo and J.P. Morgan reported similar increases on Friday. Typically, such increases in lending also lead to a bump in rates for savings accounts. When lending is on the rise, banks often find themselves in need of more deposits and will sweeten their deals to bring in more money. Banks also need to have more cash on hand to fund those loans, analysts say. “The more they lend, the more liquidity they need to have,” says Dan Geller, executive vice president of Market Rates Insight.

In the current environment, however, bank experts say savers may be disappointed. After scaling back loans to all but the most creditworthy following the credit crisis of 2008, many large banks have built up more deposits than they can reasonably lend out to consumers, says Greg McBride, senior financial analysts for Bankrate.com.  With even the highest quality potential borrowers still hesitant to borrow, banks have cash sitting on their books costing them interest instead of earning it, says McBride. As a result, most institutions don’t need to provide incentives or higher rates to attract more savings from their clients.

And with loan yields still low — and overall loan demand weak — banks aren’t earning much profit out of the loans they do make, “so they couldn’t afford to boost deposit rates even if they wanted to,” says Jim Sinegal, the lead banking analyst for Morningstar. On top of that, the Federal Reserve is committed to keeping rates low through at least 2014, which means banks could see their lending profits squeezed for a while, experts say.

Of course, it’s still early in the earnings season, making it unclear whether the improvements in lending are just concentrated among the bigger banks, says Sinegal. And savers in six states are seeing slightly higher rates on long-term CDs as a result of the more positive economic outlook, says Geller. Some banks, seeing a pickup in lending, may want to lock in long-term deposits at today’s lower rates, he says.

Financial advisers say most people looking for attractive saving rates will need to look beyond the traditional savings account, experts say. For example, online savings accounts offer an average yield of 0.8%, compared to 0.1% on the average savings account at a bank, says McBride. Long term savers can also find 1.15% to 1.25% on top yielding one-year CDs, says McBride. And those saving for retirement need to be willing to take on some risk in higher yielding investments like dividend paying stocks and real estate investment trusts, he says.

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MarketWatch - Stock Market Quotes, Business News, Financial News
Bulletin
Investor Alert

Tokyo Markets Close in:

At Arctic conference in Alaska, Obama calls for U.S. leadership on climate
  Reuters
Mount McKinley in Alaska is renamed Denali
Which U.S. president has the tallest mountain?

3 major hurricanes over Pacific for first time ever
 NASA
Hurricane Katrina: New Orleans 10 years later
Atlantic hurricanes lose sway over oil and gas

State Department releases more Clinton emails
U.S. Democratic presidential candidate Hillary Clinton speaks during an event at the New York University Leonard N. Stern School of Business in New York July 24, 2015.  Reuters
Clinton says she supports ‘revolving door’ bill
Biden a tougher matchup than Clinton: poll

Wes Craven’s 5 highest grossing films
Wes Craven’s 5 highest grossing films  Everett Collection

Beijing bumbling is now China’s biggest problem
Paramilitary police officers stand in a line next to passengers as they stand guard at a bus station on Chang'an Avenue near Tiananmen Square, ahead of the APEC leaders summit in central Beijing, on Friday, November 7, 2014.   Reuters
Goldman cuts China economic growth targets
China ‘punishes’ nearly 200 over rumors
Chinese stocks cap a brutal August with loss

Apple, Cisco team to put business users on iOS
Apple Inc.'s iPad Mini is held for a photograph during an Apple launch event in San Jose, California, U.S., on Tuesday, Oct. 23, 2012. Apple Inc. introduced a smaller version of the iPad designed to keep customers from buying low-cost tablets from competitors Microsoft Corp., Amazon.com Inc. and Google Inc. Photographer: Noah Berger/BloombergA iPad mini is pictured during an Apple Inc. launch event on Tuesday, Oct. 23, 2012, in San Jose, California, U.S.Photographer: Noah Berger/Bloomberg News.  Bloomberg
Apple TV could soon be twice as expensive
Lost Apple deal leads to 40% job cut at GT
What to expect at Apple event in September

His brother wants a loan from their late dad repaid
 Terrence Horan/MarketWatch

Here’s why Elon Musk   fears the ‘robocalypse’
Here’s why Elon Musk fears the ‘robocalypse’ Elon Musk
Google’s ‘terrifying’ takes to the wild
A tour of the world’s first robot-staffed hotel

Jobs report could stop rate hike — but not ensure one
Jobs report could prevent rate hike — but unlikely to ensure one
After Jackson Hole, no clear path for the Fed
Where every Fed member stands on rates
Fischer: Fed watching China more closely

Is this all the investing advice you’ll ever need?
Is this all the investing advice you’ll ever need? Harold Pollack
Wild market no threat to your income, spending
/conga/frontpage.html 353762

Markets »

141.44MDow Volume:
Avg Vol: 109.98M
Unchanged
217
Decliners
3378
Advancers
3004
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,528 -115 0.69%
Nasdaq
/quotes/zigman/12633936/realtime 4,777 -52 1.07%
S&P 500
/quotes/zigman/3870025/realtime 1,972 -17 0.84%
GlobalDow
/quotes/zigman/629063/realtime 2,355 0 0.01%
Gold
/quotes/zigman/662444/delayed 1,141 +9 0.77%
Oil
/quotes/zigman/2331095/delayed 47.69 -1.51 3.07%
FTSE 100
/quotes/zigman/3173262/delayed 6,248 +56 0.90%
DAX
/quotes/zigman/2380246/delayed 10,259 -39 0.38%
CAC 40
/quotes/zigman/3173214/delayed 4,653 -22 0.47%
FTSE MIB
/quotes/zigman/1482176/delayed 21,942 -52 0.24%
IBEX 35
/quotes/zigman/2759620/delayed 10,259 -94 0.91%
Stoxx 600
/quotes/zigman/2380150/delayed 363 0 0.13%
Asia Dow
/quotes/zigman/6959860/realtime 2,755 -29 1.06%
Nikkei 225
/quotes/zigman/5986735/delayed 18,440 -450 2.38%
Hang Seng
/quotes/zigman/2622475/delayed 21,574 -96 0.45%
Shanghai
/quotes/zigman/1859015/delayed 3,172 -34 1.06%
Sensex
/quotes/zigman/1652085/delayed 26,283 -109 0.41%
Singapore
/quotes/zigman/1709939/delayed 2,910 -12 0.41%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 +0.01 0.52%
Yen
/quotes/zigman/16008150/realtime/sampled 120.80 -0.43 0.35%
Pound
/quotes/zigman/16008140/realtime/sampled 1.54 +0.01 0.33%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 +0.00 0.35%
DXY Index
/quotes/zigman/1652083/delayed 95.56 -0.36 0.38%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.15 -0.29 0.33%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.19 -0.02 1.08%
German 10y
/quotes/zigman/15866409/realtime 0.73 -0.01 1.33%
Italy 10yr
/quotes/zigman/15866497/realtime 1.92 +0.01 0.45%
Spain 10yr
/quotes/zigman/15866444/realtime 2.06 0.00 0.19%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.85 -0.02 0.96%
Japan 10yr
/quotes/zigman/15866525/realtime 0.39 +0.00 1.05%
Crude Oil
/quotes/zigman/2331095/delayed 48 -2 3.07%
Gold
/quotes/zigman/662444/delayed 1,141 +9 0.77%
Corn
/quotes/zigman/7599553/delayed 374 -2 0.47%
DJIA F
/quotes/zigman/38649152/delayed 16,254 -254 1.54%
S&P F
/quotes/zigman/30356461/delayed 1,936 -34 1.71%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.34%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 89.43 -1.58 -1.74%
AAPL /quotes/zigman/68270/composite 112.76 -0.53 -0.47%
GOOG /quotes/zigman/30194416/composite 618.25 -12.13 -1.92%
BAC /quotes/zigman/190927/composite 16.34 -0.02 -0.12%
C /quotes/zigman/5065548/composite 53.48 0.20 0.38%
F /quotes/zigman/264304/composite 13.87 0.13 0.95%
T /quotes/zigman/398198/composite 33.20 -0.09 -0.27%
BP /quotes/zigman/247026/composite 33.54 0.28 0.84%
GE /quotes/zigman/227468/composite 24.82 -0.34 -1.35%
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Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

SPONSORED SECTIONS

Trending Tickers
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  • /quotes/zigman/83890/composite MDCO+21.88%
  • /quotes/zigman/413712/composite USO+6.79%
  • /quotes/zigman/242119/composite STJ-2.49%
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X
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