Banking transactions like online bill payments, check processing, wire transfers and peer-to-peer payments like Venmo and CashApp require a bank routing number. This nine-digit string of numbers identifies your bank for these electronic transactions. Learn…

The now iconic image of an elated Elon Musk wielding a chainsaw may be unsettling – even to dyed-in-the-wool Republicans – but it does effectively capture the daunting challenges facing the Trump administration’s newly created Department of Government Efficiency (DOGE).  DOGE’s seemingly draconian steps to lay off federal workers in…

Key takeaways Small business loans work by giving you money to use for business purchases that you then repay over a set term with interest Approval for a small business loan typically requires a good credit score, solid business revenue and a personal guarantee or collateral There are many types…

Key takeaways The Chase Ultimate Rewards program is one of the most valuable and flexible credit card rewards programs available. You can earn Chase Ultimate Rewards points by spending on an eligible Chase card, spending in Chase’s shopping portal or referring a friend to a Chase credit card. You…

Monty Rakusen/Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways A business equipment loan is designed specifically for buying equipment and is secured by the equipment itself Equipment loans can’t be used for any other business need Equipment leasing is another option, which could have lower upfront costs than a loan…