Savings Archives

Nike to cut 2% of workforce as sportswear giant seeks savings

By Bloomberg Published Feb 16, 2024 Nike Inc. will slash its global workforce by about 2% as the sportswear giant pushes on with efforts to reduce costs to counter a weaker sales outlook and growing competition. DR The Oregon-based firm didn’t provide the number of workers that will be affected, though it currently has about [...]read more

Cash App takes on Apple with a 4.5% APY for Savings Accounts (with direct deposit)

February 16, 2024 mpsingh No Comments Technology Accounts, App, Apple, APY, Cash, deposit, Direct, Savings, Takes

Apple’s recent move to boost the interest rate for its Apple Card Savings Account to 4.5% is now prompting a competitor to do the same. Cash App today announced it will now offer “up to” a 4.5% APY (annual percentage yield) for its Cash App Savings customers, with a few caveats. While Apple’s Savings account [...]read moreCash App takes on Apple with a 4.5% APY for Savings Accounts (with direct deposit)