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Inflation has curved downward affecting interest rates, presenting challenges for savers. There are great differences between financial institutions regarding savings rates. Clark discusses how to get the best rates on CDs and savings accounts, and why you NEVER allow a CD to auto-renew.\xa0 Also, Amazon is feeling the heat from Temu and Shein, and they are answering with a new competitive site.\xa0\n\nSaving Rates Update: Segment 1\n\nAsk Clark: Segment 2\n\nAmazon\u2019s New Discount Store: Segment 3\n\nAsk Clark: Segment 4\n\n\nMentioned on the show:\n\n16 of the Best High-Yield Online Savings Accounts in July 2024\n\nBest Online Banks: Free Checking and High-Interest Savings Accounts\n\nWhy Big Banks Are a Bad Place for Your Cash\n\nWhat To Do BEFORE Your CD Expires\n\nWhat Is a 403(b) and How Does It Work?\n\nHow a 457 Plan Works After Retirement - Investopedia\n\nWhat Are Index Funds?\n\nLongevity Insurance: What Is It and Do You Need It?\n\nAmazon set to take on Temu and Shein with new discount section\n\nHow Higher Income Can Affect Medicare Premiums\n\n7 Things To Know Before You Use Zelle\n\nHow To Spot and Avoid Gift Card Scams\n\n\nClark.com resources\n\nEpisode transcripts\n\nCommunity.Clark.com\n\nClark.com daily money newsletter\n\n\nConsumer Action Center Free Helpline: 636-492-5275\n\n\nLearn more about your ad choices: megaphone.fm/adchoices\nLearn more about your ad choices. Visit megaphone.fm/adchoices