An accrual rate is the interest percentage added to the principal of a financial product between payments. Learn how it applies to bonds, mortgages, and vacation time.

The repo rate is one of the most important terms in banking and finance, often making headlines every time the Reserve Bank of India (RBI) announces its monetary policy. The repo rate is the RBI’s ...

The Federal Reserve took the widely expected step Wednesday of announcing its first interest rate cut in years, a move that will have a major impact on the finances of Americans across the board, ...

J.R. Duren is a content marketing writer for CBS MoneyWatch's Managing Your Money team. The Federal Reserve opted to keep interest rates steady at its latest meeting on March 18-19, a move that was ...