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Money Market Rates Dip as Fed Holds Steady; Top Accounts Still Pay 4.01% APY

Money market account yields have moderated from previous highs, though select online banks continue to offer rates near 4% APY. As of June 16, 2026, TotalBank leads the sector with a 4.01% annual percentage yield, requiring a $2,500 minimum balance to earn the top …

Nitish Kishor | 16 June 2026

Magnera Sells UK Metallised Paper Unit to Polyart in Strategic Divestment

Magnera has finalized the sale of its metallised paper operations in Caerphilly, Wales, to Polyart Group, a specialist in coatings and films.

Nitish Kishor | 16 June 2026

K+S (ETR: SDF) Discloses Major Shareholder Voting Rights Shift Under German WpHG Rules

While the initial notice did not specify which threshold was breached, the filing itself confirms a material change in ownership concentration.

Nitish Kishor | 16 June 2026

Mizuho Lowers Price Target for Insmed (NASDAQ: INSM) Due to Concerns About Stock Volatility

Mizuho Securities has revised its price target for Insmed (NASDAQ: INSM), highlighting volatility concerns as the primary driver behind this decision. The adjustment reflects unforeseen fluctuations that have characterized the biotech industry in recent weeks.

Nitish Kishor | 16 June 2026

JOYY (NASDAQ:JOYY) Turnaround Accelerates as Revenue Rises 12.4% While Shares Trade Near Cash Value

JOYY (NASDAQ:JOYY) is demonstrating a turnaround in its financial performance, with first-quarter results showing a 12.4% increase in revenue compared to the same period last year. The growth comes as the company shifts its business model, reducing reliance on legacy segments while expanding into …

Nitish Kishor | 16 June 2026

High-Yield Savings Rates Hit 4.1% as Fed Cuts Loom, Bask Bank Leads Market

Savers have a limited opportunity to secure strong yields as the Federal Reserve signals potential policy adjustments in the coming months.

Nitish Kishor | 16 June 2026

Fed Rate Pause Spurs Rush to Lock In 4% CD Yields Before June Decision

Investors are reassessing their cash allocations as the Federal Reserve approaches its next policy meeting on June 16.

Nitish Kishor | 16 June 2026

Goldman Sachs (NYSE: GS) 14-Month CD Hits 4% APY as Fed Pause Keeps Rates Elevated

Goldman Sachs (NYSE: GS) is offering a 14-month certificate of deposit at 4% annual percentage yield, the highest rate available to retail depositors as of June 16, 2026. The product reflects a broader trend of elevated deposit yields, even as the Federal Reserve holds …

Nitish Kishor | 16 June 2026

Gold Futures Surge 1.2% as U.S.-Iran Ceasefire Eases Geopolitical Risk Premium

Gold futures extended their rally early Monday as a landmark U.S.-Iran ceasefire agreement eased geopolitical tensions that had supported safe-haven demand.

Nitish Kishor | 16 June 2026

Hedge Funds Snap Up Sunbelt Rentals (NYSE:SUNB) as AI Data Center Boom Fuels Demand

Sunbelt Rentals (NYSE:SUNB) has emerged as an unexpected favorite among hedge funds, with nearly a dozen firms increasing their stakes in the first quarter.

Nitish Kishor | 16 June 2026
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