These are the stocks posting the largest moves before the bell.Market Insiderread more
Target beats second-quarter earnings expectations thanks to an increase in traffic and sales. The retailer also boosts its full-year estimates.Retailread more
Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
Trump said he has "been thinking about payroll taxes for a long time" — and he cautioned that "whether or not we do something now, it's not being done because of recession."Politicsread more
Lowe's also tops rival Home Depot on same-store sales growth in the U.S.Retailread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
After a rush on refinances, homeowners took a breather last week, despite still seeing the lowest interest rates in about three years.Real Estateread more
The growing popularity of cocaine cut with fentanyl — known on the street as a speedball — or combinations of methamphetamine and fentanyl — known as a goofball — are driving...Health and Scienceread more
After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
Huawei CEO Ren Zhengfei laid out plans to bring more efficiencies to the organization. This included simplifying the reporting structure, cutting down on surplus staff, axing...Technologyread more
However, Fed Chairman Jerome Powell at times has suggested there may be more rate hikes to come, and many Americans are just fine with that, a new poll has found.
Rising rates are generally considered an indication that the economy is doing well and pave the way for pay raises and a better return on savings, despite increased borrowing costs.
Forty-four percent of those polled by E-Trade said "a better return on my savings" was the most important effect of rising interest rates, while 37 percent said it was making "borrowing money more expensive."
People who have savings "are smiling from ear-to-ear every time the Fed raises rates," said Greg McBride, chief financial analyst at Bankrate.com.
Only 9 percent of those surveyed were overly concerned about the variable interest rates on their credit cards, which generally rise in lockstep with the Fed's benchmark rate.
As a result of the increase in interest rates, savings rates — the annual percentage yield banks pay consumers on their money — are now as high as 2.4 percent, up from 0.1 percent, on average, before the Federal Reserve started increasing its benchmark rate in 2015. (You can earn even more with certificates of deposit.)
With an annual percentage yield of 2.4 percent, a $10,000 deposit earns $240 after one year. Meanwhile, investors would have lost money in the stock market over the same time period after the and Dow Jones Industrial Average ended last year by finishing in the red.
"Cash is going to continue to be an important contributor to a portfolio delivering returns that preserve purchasing power," McBride said.
According to the most recent projections from individual members of the policymaking Federal Open Market Committee, there are two rate hikes likely later this year and perhaps one more after that.
E-Trade polled nearly 1,000 active investors earlier in January who have at least $10,000 in an online brokerage account.
More from Personal Finance:
Good news for borrowers: There are new ways to improve your credit score
For the first time in a decade, savings account outperformed the stock market
Here's how Fed rate hike will impact you