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Top related persons:
SLM — - 2 Sallie Mae — - 2 — - 1 . Donald Tusk - 1 Tusk - 1 ESSI - 1 Olaf Scholz - 1 It's - 1
Top related locs:
Kyiv Israel Europe Russia Iran NATO Europe Ukraine Germany
Top related orgs:
Federal Reserve - 2 Service - 1 AVN - 1 European Council - 1 Kyiv Post - 1 Business - 1 Sky Shield Initiative - 1 Telegraph - 1

Search resuls for: "SLM —"


3 mentions found


☆ European leaders are planning a $4.3 billion Iron Dome-style defense system
  + stars: | 2024-05-22 | by ( Mia Jankowicz | ) www.businessinsider.com   time to read: +3 min
Read previewEuropean countries are preparing to reveal plans for a $4.3 billion Iron Dome-style air and missile defense system, Poland's prime minister announced on Monday. The European Sky Shield Initiative, or ESSI, is conceived as a means to jointly procure ground-based interoperable air defense systems. There is no reason for Europe not to have its missile defense shield," Tusk said, per The Telegraph. Related storiesIsrael's Iron Dome has long been seen as one of the world's most advanced air defense systems, protecting the country's skies from rockets and other projectiles. AdvertisementWhile a direct hot-war attack by Russia on NATO Europe is not considered an immediate likelihood, many countries — particularly those that border Russia — are deeply alarmed.
Persons: —, . Donald Tusk, Tusk, ESSI, Olaf Scholz, It's, Andrzej Duda Organizations: Service, AVN, European Council, Kyiv Post, Business, Sky Shield Initiative, Telegraph, NATO, Patriots, IRIS Locations: Kyiv, Israel, Europe, Russia, Iran, NATO Europe, Ukraine, Germany, Austria, Switzerland, Turkey, Greece, German, ESSI
☆ Too good to last? This bank cut its 5.5% one-year CD rate just weeks after hiking
  + stars: | 2023-09-01 | by ( Darla Mercado | Cfp | ) www.cnbc.com   time to read: +1 min
Less than a month after hiking its 1-year certificate of deposit yield to 5.5%, SLM — or Sallie Mae — has cut its sweetened rate back down. The annual percentage yield on the bank's 1-year CD is now 5.1%, a 40 basis-point trim. At the time, the 5.5% rate made Sallie Mae's 1-year CD the most generous offered by the banks under Wells Fargo's coverage. That title now belongs to Bread Financial , which now pays a 5.5% yield on the instrument, and a 5.55% yield for customers who want to renew their 1-year CDs. Select banks have boosted deposit rates as the Federal Reserve has tightened its monetary policy since March 2022.
Persons: SLM —, Sallie Mae —, Sallie Mae's, Morgan Stanley, Betsy Graseck, Graseck, — CNBC's Michael Bloom Organizations: Federal Reserve Locations: Wells
☆ The Fed’s expected rate hike is about to sweeten yields on these investments
  + stars: | 2023-07-26 | by ( Darla Mercado | Cfp | ) www.cnbc.com   time to read: +4 min
The Federal Reserve is widely expected to boost interest rates by another quarter percentage point Wednesday afternoon – and that's terrific news for fixed income investors hoping to grab a little more yield. Since March 2022, the central bank has raised rates 10 times – with July's expected hike marking the 11 th increase – to cool inflation. Consider that during the week of March 11, 2022, the rate on the 2-year Treasury note was 1.75%, according to Refinitiv. Investors who wish to squeeze a little more interest income from their cash holdings have opted for Treasury bills, with the 6-month bill yielding 5.5%. By buying multiple notes of different maturities, investors can "ladder" these Treasurys and reinvest the proceeds from maturing bonds into longer-dated issues.
Persons: Greg McBride, maturities, tradeoffs, McBride, SLM —, Sallie Mae —, Nick Wells Organizations: Federal Reserve, Investors, Treasury, Bank of Locations: Bank of Indiana, Treasurys
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