If the recent pools done by banks are true, checking accounts have strayed away from their originally intended use. If you are an owner of such account you should know that it’s purpose was and still is saving money, and the reasonwhy the majority of US citizens havestarted searching for other uses is a subject that needs a bit more researching, the banks on the other hand have also adjusted …

FOMC (The Federal Open Market Committee) meeting has started, and in next 24 hours we can expect official report. What we can say for sure is that thanks to some positive reports on the US economy (June employment report and good news from labor market) the expected 2015 hike could come a bit earlier. What this means is, that savings in form of checking accounts probably will get a bit …