Banking, finance, and taxes
Will Countrywide Make It? 12,000 More Job Cuts
Published:
Countrywide Financial (CFC) did what it could to keep the news out of the light. But late Friday The Wall Street Journal put out word that 12,000 more people would be fired at the firm. That means 20% of the company’s work force.
The news keeps getting worse.
Douglas A. McIntyre
Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.
However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.
There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.