Today has seen a drop in CD rates from some of our top online banks. Ally, Discover and ING Direct have all lowered their rates across the board, some by as much as 0.25 percentage points.

Those eagerly looking to see how the economy turns out in the next few months will have plenty to watch out for in the next few days.

US traders ready themselves for a better-performing stock market as the fourth-quarter earnings results unofficially kick off today.

As far as some aspects of the economy are concerned, 2009 is a year to remember, and not in a good way.

With the last Friday for this year being a holiday, it looks like 140 will be the total number of bank failures for this year.

President Barack Obama is set to convene with the top executives of the country's largest banks Monday to ask them to support the government's efforts to tighten the financial industry.

A federal report released last Friday shows that the unemployment rate surprisingly dipped from 10.2% in October to 10% last month, fueling optimism for a sustained economic recovery.

Last week was Thanksgiving week and FDIC officials took a break from shutting down banks, giving some troubled institutions something to thank about.

Black Friday officially kicks off the holiday shopping season and on this day, incredible deals, mall-wide sales, and huge discounts are available for just about every conceivable item out there from toys to HD TVs, socks to gadgets.

The FDIC had a relatively quiet weekend with only one bank closure last Friday – Commerce Bank of Southwest Florida.