Sugar Set for Longest Run of Gains in Five Months on Brazil Crop
Brazil's sugar production in 2025-26 may total 39 million-40 million tons, compared with an earlier expectation of 41 million tons, said Rahil Shaikh, managing director at trading firm Meir Commodities India Pvt., citing market estimates and concerns that output may be affected by the impact of adverse weather. The crop was hit by widespread dryness during the earlier stages of its development, reducing yields.
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Best CD rates today, August 13, 2025 (Lock in up to 5.5% APY)
The Federal Reserve lowered the federal funds three times in 2024. As a result, deposit account rates are on the decline. The good news: You can lock in a competitive return on a certificate of deposit (CD) today and preserve your earning power. In fact, the best CDs still pay rates above 4%. Read on for a snapshot of CD rates today and where to find the best offers. Where are the best CD rates today? CDs today typically offer rates significantly higher than traditional savings accounts. Currently, the best short-term CDs (six to 12 months) generally offer rates around 4.00% to 4.50% APY. As of August 13, 2025, the highest CD rate is 5.5% APY, offered by Gainbridge® on its 5-year CD. There is a $1000 minimum opening deposit required. The following is a look at some of the best CD rates available today from our verified partners. This embedded content is not available in your region. Historical CD rates The 2000s were marked by the dot-com bubble and later, the global financial crisis of 2008. Though the early 2000s saw relatively higher CD rates, they began to fall as the economy slowed and the Federal Reserve cut its target rate to stimulate growth. By 2009, in the aftermath of the financial crisis, the average one-year CD paid around 1% APY, with five-year CDs at less than 2% APY. The trend of falling CD rates continued into the 2010s, especially after the Great Recession of 2007-2009. The Fed's policies to stimulate the economy (in particular, its decision to keep its benchmark interest rate near zero) led banks to offer very low rates on CDs. By 2013, average rates on 6-month CDs fell to about 0.1% APY, while 5-year CDs returned an average of 0.8% APY. However, things changed between 2015 and 2018, when the Fed started gradually increasing rates again. At this point, there was a slight improvement in CD rates as the economy expanded, marking the end of nearly a decade of ultra-low rates. However, the onset of the COVID-19 pandemic in early 2020 led to emergency rate cuts by the Fed, causing CD rates to fall to new record lows. The situation reversed following the pandemic as inflation began to spiral out of control. This prompted the Fed to hike rates 11 times between March 2022 and July 2023. In turn, this led to higher rates on loans and higher APYs on savings products, including CDs. Fast forward to September 2024 — the Fed finally decided to start cutting the federal funds rate after it determined that inflation was essentially under control. Today, we're beginning to see CD rates come down from their peak. Even so, CD rates remain high by historical standards. Take a look at how CD rates have changed since 2009: Understanding today's CD rates Traditionally, longer-term CDs have offered higher interest rates compared to shorter-term CDs. This is because locking in money for a longer period typically carries more risk (namely, missing out on higher rates in the future), which banks compensate for with higher rates. However, this pattern doesn't necessarily hold today; the highest average CD rate is for a 12-month term. This indicates a flattening or inversion of the yield curve, which can happen in uncertain economic times or when investors expect future interest rates to decline. Read more: Short- or long-term CD: Which is best for you? How to choose the best CD rates When opening a CD, choosing one with a high APY is just one piece of the puzzle. There are other factors that can impact whether a particular CD is best for your needs and your overall return. Consider the following when choosing a CD: Your goals: Decide how long you're willing to lock away your funds. CDs come with fixed terms, and withdrawing your money before the term ends can result in penalties. Common terms range from a few months up to several years. The right term for you depends on when you anticipate needing access to your money. Type of financial institution: Rates can vary significantly among financial institutions. Don't just check with your current bank; research CD rates from online banks, local banks, and credit unions. Online banks, in particular, often offer higher interest rates than traditional brick-and-mortar banks because they have lower overhead costs. However, make sure any online bank you consider is FDIC-insured (or NCUA-insured for credit unions). Account terms: Beyond the interest rate, understand the terms of the CD, including the maturity date and withdrawal penalties. Also, check if there's a minimum deposit requirement and if so, that fits your budget. Inflation: While CDs can offer safe, fixed returns, they might not always keep pace with inflation, especially for longer terms. Consider this when deciding on the term and amount to invest.
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Best money market account rates today, August 13, 2025 (secure up to 4.41% APY)
Find out which banks are offering the best MMA rates right now. As interest rates continue to fall following the Fed's recent rate cuts, it's more important than ever to ensure you're earning a competitive rate on your savings. One option you may want to consider is a money market account (MMA). These accounts are similar to savings accounts — they offer interest on your balance, but may also include a debit card and/or check-writing capabilities. Wondering where the top money market account rates can be found today? Here's what you need to know. Where to find the best money market account rates today From a historical perspective, money market account interest rates have been quite high. The national average interest rate for money market accounts is just 0.62%, according to the FDIC, but the top money market account rates often pay above 4% APY or even more — similar to the rates offered on high-yield savings accounts. Here's a look at some of the highest MMA rates available today:Additionally, the table below features some of the best savings and money market account rates available today from our verified partners. This embedded content is not available in your region. Will money market account rates keep going down? Deposit account rates — including money market rates — are tied to the federal funds rate. This is an interest rate range set by the Federal Reserve and is what banks charge each other for overnight loans. When the Fed increases the federal funds rate, deposit account rates usually increase. And conversely, when the Fed lowers its rate, deposit rates fall. Between July 2023 and September 2024, the Fed maintained a target range of 5.25%–5.50%. However, as inflation cooled and the economy improved, the Fed slashed the federal funds rate by 50 basis points in September 2024. It then cut an additional 25 bps in November, and another 25 bps in December. As a result, money market rates have begun to decline. Further rate cuts are expected in September 2025, which means now might be the last chance for savers to take advantage of today's higher rates. Read more: Can you lose money in a money market account? Is now a good time to put your money in an MMA? Considering that money market account rates are still elevated, these accounts are an attractive option for savers. Even so, deciding whether it's the right time to put money in a money market account also depends on your financial goals and the broader economic conditions. Here are some key factors to consider: Liquidity needs: Money market accounts offer easy access to your money since they often come with check-writing capabilities or debit card access (though there may be a cap on monthly withdrawals). If you need to keep your money accessible while still earning a decent yield, a money market account could be ideal. Savings goals: If you have short-term savings goals or want to build an emergency fund, a money market account can provide a safer place for your cash, with returns that are better than most traditional savings accounts. Risk tolerance: For conservative savers who prefer to avoid the ups and downs of the stock market, money market accounts are appealing because they are backed by FDIC insurance and can't lose principal. However, if you're saving for a long-term goal like retirement, riskier investments are necessary to generate higher returns that will get you to your savings target. Given that interest rates are still elevated, now could be a good time to consider a money market account, especially if you're seeking a balance of safety, liquidity, and better returns than traditional savings accounts. Comparing rates from different institutions will help you find the best options available. Best money market account rates: Frequently asked questions Who has the best money market rate right now? Today, the highest money market account rate is offered by TotalBank. It's MMA pays 4.41%, which is more than seven times the national average. How can I get 5% interest on my money? In today's falling interest rate environment, it's quite difficult to find a deposit account that pays 5%. Some promotional checking accounts have rates above 5% APY, though checking accounts aren't a great place to store cash savings long-term. Instead, you may want to investigate market investments, which come with more risk than money market accounts and other types of deposit accounts, but also provide much higher returns, on average. Are money market accounts safe? Yes. As long as you open an account with a federally insured bank or credit union, your money market account is safe from market risk. The only way your account can lose money is if you incur fees. This embedded content is not available in your region.
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S&P Futures Gain as Fed Rate-Cut Bets Firm
September S&P 500 E-Mini futures (ESU25) are trending up +0.24% this morning, extending yesterday's gains as growing expectations for Federal Reserve interest rate cuts fueled risk-on sentiment. U.S. inflation data for July showed a modest increase in goods prices, reinforcing expectations that the Fed will resume rate cuts next month and move more aggressively to protect a labor market showing signs of strain. The data was accompanied by remarks from U.S. Treasury Secretary Scott Bessent, who suggested that the U.S. central bank should be open to a 50 basis-point rate cut in September. Optimism over a softer rate stance is further supported by easing global trade tensions and a much stronger-than-expected second-quarter earnings season in the U.S. More News from Barchart This High-Yield (7%) Dividend Stock Is Down Significantly in 2025. Should You Buy the Dip? Warren Buffett Warns Investing At 'Too-High Purchase Price' Even for 'an Excellent Company' Can Undo a Decade of Smart Investing BitMine Immersion Now Holds 1.15 Million Ethereum Tokens. Should You Buy BMNR Stock Here? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! In yesterday's trading session, Wall Street's three main equity benchmarks closed sharply higher. The Magnificent Seven stocks advanced, with Meta Platforms (META) rising over +3% and Microsoft (MSFT) gaining more than +1%. Also, chip stocks gained ground, with NXP Semiconductors N.V. (NXPI) climbing over +7% to lead gainers in the Nasdaq 100 and ON Semiconductor (ON) rising more than +6%. In addition, airline stocks surged after oil prices declined, with United Airlines (UAL) jumping over +10% to lead gainers in the S&P 500. On the bearish side, Cardinal Health (CAH) slumped more than -7% and was the top percentage loser on the S&P 500 after the drug distributor posted weaker-than-expected FQ4 revenue and announced it had agreed to acquire Solaris Health for $1.9 billion in cash. The U.S. Bureau of Labor Statistics report released on Tuesday showed that consumer prices rose +0.2% m/m in July, in line with expectations. On an annual basis, headline inflation rose +2.7% in July, the same as the previous month and slightly weaker than expectations of +2.8%. Also, the core CPI, which excludes volatile food and fuel prices, rose +0.3% m/m and +3.1% y/y in July, compared to expectations of +0.3% m/m and +3.0% y/y. 'Inflation is on the rise, but it didn't increase as much as some people feared. In the short term, markets will likely embrace these numbers because they should allow the Fed to focus on labor-market weakness and keep a September rate cut on the table,' said Ellen Zentner at Morgan Stanley Wealth Management. Richmond Fed President Tom Barkin said on Tuesday that uncertainty about the U.S. economy's trajectory is easing, but it remains unclear whether the central bank should place greater focus on curbing inflation or supporting the labor market. 'We may well see pressure on inflation, and we may also see pressure on unemployment, but the balance between the two is still unclear. As the visibility continues to improve, we are well-positioned to adjust our policy stance as needed,' Barkin said. At the same time, Kansas City Fed President Jeff Schmid said he supports holding interest rates steady for now to prevent strong economic activity from adding to inflation pressures. 'With the economy still showing momentum, growing business optimism, and inflation still stuck above our objective, retaining a modestly restrictive monetary policy stance remains appropriate for the time being,' Schmid said. He added that he is prepared to shift his stance if demand growth begins 'weakening significantly.' Meanwhile, U.S. rate futures have priced in a 96.2% chance of a 25 basis point rate cut and a 3.8% chance of no rate change at the conclusion of the Fed's September meeting. Today, investors will hear perspectives from Richmond Fed President Tom Barkin, Chicago Fed President Austan Goolsbee, and Atlanta Fed President Raphael Bostic. On the earnings front, network infrastructure provider Cisco Systems (CSCO) is set to report its FQ4 earnings results today. On the economic data front, investors will focus on U.S. Crude Oil Inventories data, which is set to be released later in the day. Economists expect this figure to be -0.900M, compared to last week's value of -3.029M. In the bond market, the yield on the benchmark 10-year U.S. Treasury note is at 4.256%, down -1.21%. The Euro Stoxx 50 Index is up +0.73% this morning amid risk-on sentiment, driven by growing expectations of Federal Reserve interest rate cuts. Defense and technology stocks led the gains on Wednesday. Final data from the Federal Statistical Office released on Wednesday confirmed that Germany's annual inflation rate held at 2.0% in July. Separately, final data from the National Statistics Institute confirmed that Spain's annual inflation rate rose for the second month to a 5-month high of 2.7% in July. Meanwhile, European leaders and Ukrainian President Volodymyr Zelenskyy are set to speak with U.S. President Donald Trump later today ahead of his summit with Russian President Vladimir Putin. In corporate news, Tui AG ( gained over +4% after Europe's largest tour operator reported better-than-expected quarterly results and raised its full-year profit guidance. Germany's CPI and Spain's CPI data were released today. The German July CPI rose +0.3% m/m and +2.0% y/y, in line with expectations. The Spanish July CPI fell -0.1% m/m and rose +2.7% y/y, in line with expectations. Asian stock markets today closed in the green. China's Shanghai Composite Index (SHCOMP) closed up +0.48%, and Japan's Nikkei 225 Stock Index (NIK) closed up +1.30%. China's Shanghai Composite Index closed higher and hit a more than 3-1/2-year high today as the extension of the tariff truce between the U.S. and China continued to boost sentiment. U.S. Treasury Secretary Scott Bessent said on Tuesday that U.S. trade officials will meet again with their Chinese counterparts within the next two to three months to discuss the future of the economic relationship between the two nations. Also, expectations for a Fed interest rate cut next month lifted global risk appetite, and 'emerging and developed equity markets resonated,' according to analysts at Guoyuan Securities. Meanwhile, China announced it will provide interest subsidies for businesses in eight consumer service sectors, as well as for individual consumers, to bolster services consumption. Eligible businesses and consumers can receive an annual interest subsidy of one percentage point on loans. 'It will support domestic consumption to become a major driving force of the national economy,' China's Vice Finance Minister Liao Min said on Wednesday. In other news, trade tensions between China and Canada intensified after Chinese authorities announced plans to impose a steep tariff of around 76% on canola shipments. In corporate news, WH Group climbed over +6% in Hong Kong after the pork processor posted a 10.4% increase in first-half operating profit. Investor focus this week is on a slew of China's official data, including industrial production, retail sales, fixed asset investment, and unemployment figures, which will provide the most comprehensive view yet of the country's economic momentum in July. Japan's Nikkei 225 Stock Index closed higher and reached a new all-time high today, tracking Wall Street's overnight rally. Electronics and machinery stocks led the gains on Wednesday. Data released on Wednesday showed that Japan's annual wholesale inflation eased for the fourth consecutive month in July, reinforcing the Bank of Japan's view that upward price pressures from raw material costs will fade. Still, wholesale prices for food and agricultural products continued to climb, signaling broadening price pressure that will likely sustain market expectations for a BOJ interest rate hike. Separately, a Reuters Tankan poll showed that Japanese manufacturers became more upbeat about business conditions in August following a trade deal between Tokyo and Washington, though they remained cautious about the outlook due to potential impacts from U.S. tariffs. Meanwhile, Japanese government bonds fell on Wednesday after a five-year bond auction drew the weakest demand in over five years, sparking a wave of selling by investors. In other news, Japan's Ministry of Economy, Trade and Industry said on Wednesday that the country has initiated an anti-dumping probe into hot-dip galvanized steel from China and South Korea. In corporate news, Yokohama Rubber climbed over +8% after the tyre maker posted strong first-half results and raised its full-year earnings guidance. Investors are awaiting Japan's preliminary second-quarter GDP data, scheduled for release on Friday, following the BOJ's reiteration that growth is expected to moderate. The Nikkei Volatility Index, which takes into account the implied volatility of Nikkei 225 options, closed down -0.65% to 24.50. The Japanese July PPI rose +0.2% m/m and +2.6% y/y, compared to expectations of +0.2% m/m and +2.5% y/y. Pre-Market U.S. Stock Movers Intapp (INTA) soared over +29% in pre-market trading after the AI cloud company posted upbeat FQ4 results and announced a $150 million stock buyback. CoreWeave (CRWV) slumped more than -9% in pre-market trading after the AI cloud vendor reported a wider-than-expected Q2 loss. You can see more pre-market stock movers here Today's U.S. Earnings Spotlight: Wednesday - August 13th Cisco (CSCO), Elbit Systems (ESLT), Coherent (COHR), JBS NV (JBS), Performance Food Group Co (PFGC), Stantec (STN), StandardAero (SARO), Brinker (EAT), Loar Holdings LLC (LOAR), GlobalE Online (GLBE), Equinox Gold (EQX), HudBay Minerals (HBM), Ultrapar Participacoes (UGP), Dlocal (DLO), ReNew Energy Global (RNW), Alvotech (ALVO), PagSeguro Digital (PAGS), Marex (MRX), Fidelis Insurance Holdings (FIHL), Nayax (NYAX), Endeavour Silver (EXK), Sapiens (SPNS), ARS Pharmaceuticals (SPRY), Arcos Dorados (ARCO), Madison Square Garden Entertainment (MSGE), Stratasys Ltd (SSYS), Ibotta (IBTA), Borr Drilling (BORR), Avino Silver Gold (ASM), Kimball Electronics (KE), North American Construction (NOA), SBC Medical Holdings (SBC), Kamada (KMDA), Galiano Gold (GAU), Oncology Institute (TOI), Euroseas (ESEA), Innoviz Technologies (INVZ), FrontView REIT (FVR), Global Water (GWRS), Sanara Medtech (SMTI), Codexis (CDXS), Brainsway (BWAY), European Wax Center (EWCZ), Allogene Therapeutics (ALLO), Radcom (RDCM), B. Riley Financial (RILY), Accuray (ARAY), Ucloudlink (UCL), Epsilon Energy (EPSN), Gauzy (GAUZ), China Automotive (CAAS), Red Robin Gourmet Burgers (RRGB). On the date of publication, Oleksandr Pylypenko did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on 登入存取你的投資組合
