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As vinyl record sales eclipse CDs, LP pressing plants are thriving

May 1, 2023
Streaming is still king, but vinyl sales continue to grow.
Sales of vinyl records by volume overtook CDs in 2022 for the first time since 1987. The resurgence of the format has meant a boom in vinyl manufacturing, but there have been bumps along the way.
Henry Epp/Marketplace

Why CDs are music to banks' ears right now

Mar 27, 2023
Certificates of Deposit help banks bring in cash that they can use to make money by lending it at higher rates. Depositors may be looking to CDs as interest rates rise.
According to the Federal Reserve, the amount invested in large CDs — specifically, with accounts holding $100,000 or more — has gone up nearly 44% in the past year.
Patrick T. Fallon/AFP via Getty Images

The music industry sings a sorrowful, flat note

Mar 19, 2015
The industry takes in only half the revenue it did at its peak.

Be wary of high yields abroad

Nov 17, 2011
I have some money that I would like to place in a certificate of deposit to improve my return. Most of the U.S. banks I've looked at are offering 1.00% or less. However, some international banks -- most notably, Indian banks -- are offering around 9.00%. Is there a reason not to invest my money in an overseas institution when the payback looks so much better? Mark, Portland, OR

Putting the brakes on discs?

Aug 7, 2008
In the two years I've had my car, I've loaded a CD into the stereo player maybe twice. It's not that I don't listen to music. I do -- a lot. Rather...