It's been nearly eight years since PayPal Holdings (NASDAQ: PYPL) was set loose from former parent company eBay in the summer of 2015. Since then, PayPal has beaten the performance of its former e-commerce owner, but it has lagged behind the total return (which includes reinvested dividends) of the S&P 500 index. Back in 2014, current CEO Dan Schulman was brought in to head up PayPal on its journey as an independent entity. Read More...
MarketWatch
Here come the 5% CDs
If you’re looking for certificates of deposit, the interest rates on offer should be—here’s hoping—heading higher following the latest inflation numbers out Tuesday morning. You can already get 5% on a one-year CD if you shop around, and there should be more—and maybe better—on offer soon following the latest economic news, which has sent the money markets jumping around. January’s inflation data came in higher than expected, and the markets were surprised by the news, even though Federal Reserve Chairman Jay Powell had basically told them this was going to happen at his press conference a couple of weeks ago.
