This week’s money news

This week’s top story: Smart Money podcast on crypto crash, and growing money fast. In other news: Timeline, fallout and what investors should know about FTX crash, the new reality of a $700 monthly car payment, and 5 key numbers to know about CDs.

Smart Money Podcast: Crypto Crash, and Growing Money Fast
This week’s episode starts with an explainer on the collapse of the FTX crypto exchange.

FTX Crash: Timeline, Fallout and What Investors Should Know
Crypto exchange FTX crashed this week, tanking major tokens in its wake. Here’s what it means for U.S. investors.

The New Reality: A $700 Monthly Car Payment
Monthly car payments continue to climb, thanks to rising interest rates and record-high car prices.

Want 4% on Your Savings? 5 Key Numbers to Know About CDs
The best CD rates are stellar right now. But consider CD terms, penalties and minimums too.

Friday’s need-to-know money news

Today’s top story: When and why you should open a CD. Also in the news: Increase credit limits now in case the economy worsens later, and if it is possible to live without credit cards, debit cards, and cash apps.

Ask a Nerd: When and Why Should I Open a CD?
Certificates of deposit are having a moment, but they’re best for specific savings goals.

Increase Credit Limits Now in Case the Economy Worsens Later
Consider increasing available credit on credit cards when your accounts and the economy are still in good standing.

Is It Possible to Live Without Credit Cards, Debit Cards, and Cash Apps?
Cash is the ultimate in anonymity—but it’s tough to live without a card or payment apps these days.

Friday’s need-to-know money news

Today’s top story: Know your rights if the IRS breaks the rules. Also in the news: How to avoid an early withdrawal penalty on a CD, could Amazon Go change the way we shop, and how much community college students save by state.

Know Your Rights if the IRS Breaks the Rules
You can fight back.

How to Avoid a CD Early Withdrawal Penalty
Look for more flexible options.

Tap, Shop, Walk. Could Amazon Go Change the Way We Buy?
Stores without checkout lanes?

How Much Money Community College Students Save, Depending on the State
Where does yours rank?