Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

The interest rate environment is changing once again. After the Federal Reserve kept its federal funds rate on pause for all of 2025, the central bank is poised to issue its first rate cut of the year ...

When you borrow money, one of the most important things to understand is how to calculate interest on your personal loan EMIs ...