A jumbo CD is the same as a standard CD, except that it pays a higher APY in exchange for a significantly larger opening deposit, typically around $100,000. Like standard CDs, jumbo CDs offer fixed ...

With a background in education and a fascination with finance, Emily Batdorf writes approachable content for consumers who want to deepen their understanding of personal finance topics. She loves ...

A brokered CD is bought through a brokerage firm rather than a bank. It offers most of the benefits of a traditional CD, plus longer terms and higher interest earnings. At the same time, brokered CDs ...

Clayton, Dubilier & Rice — the private investment firm behind some of the biggest distribution and industrial manufacturing transactions over the past decade — announced Nov. 21 that it has appointed ...

Ferguson PLC on Monday said it has agreed to sell Wolseley UK — its UK-based heating and plumbing distribution business — to the private equity firm Clayton, Dubilier & Rice for £308 million (US$417.5 ...