Regan: I get fed constant ads about a variety of different high yield savings accounts. But do they look like the cover of Bloomberg Business Week, which is the number four flexing with a six pack? It's very weird. They look way less cool and way more sketchy, which is why I'm concerned about me and my friends getting scammed by non FDIC insured high yield savings account. Do you have any advice for us? Regan: You got to do your research. Some accounts require minimum balance, some dull. If you're talking about a CD, we're what they call a time deposit, you might have to lock up your money for a year or two
Bloomberg News EV Reporter Sean O’Kane discusses Tesla signaling more price cuts ahead despite margin damage. Bloomberg News Space Reporter Loren Grush reports on SpaceX’s Starship rocket exploding shortly after liftoff on Thursday. Rachel Gerring, EY Americas IPO Leader, shares her insight on the current state of the US deals market. Bloomberg Businessweek Editor Joel Weber and Bloomberg Markets Senior Editor Mike Regan provide the details of Mike's Businessweek Magazine cover story Breaking Up With Your Bank Is Easier With 4% Savings Accounts. And We Drive to the Close with Mary Ann Bartels, Chief Investment Strategist for Sanctuary Wealth.
Hosts: Carol Massar and Madison Mills. Producer: Paul Brennan.
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