1063. 5% Interest Rates: Apple vs. Banks vs. Crypto | NOW or NEVER?

Small and midsize U.S. banks lost hundreds of billions of dollars in recent weeks to their bigger peers and to money-market funds offering higher yields. That is likely to force many of them to increase the interest rates they are paying to avoid losing more customers. On this episode, we're comparing bank interest rates to online banks and crypto yield rates. Apple has even entered the high-yield savings marketplace with the launch of a high-yield savings account paying 4.15% through Goldman Sachs.