Savers

Rather Than Aiding Economy, Low Interest Rates Hurt Savers

AP | By PAUL WISEMAN | Posted 10.25.2011

Read More: Interest Rates, Retirees, Federal Reserve Chairman Ben Bernanke, Treasury Bond Purchases, Savers, Great Recession, Double-Dip Recession, Federal Reserve, Economic Recovery, Economic Growth, Savings, Video, Business News

WASHINGTON -- Super-low interest rates haven't done what they usually do after a recession. They haven't ignited economic growth or revived the home m...

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We Need a Rehab Program for Spenders

Don McNay | Posted 05.25.2011

Read More: Payday Lending, Wall Street Bailout, Savers, Trickle-Down Economics, Addiction, Payday Loans, Don McNay, Credit Crisis, Consumer Spending, Amy Winehouse, Rich People, Citicorp, Spending, Kentucky, Poor, Credit Card, Subprime Loans, Shopping Spree, Personal Finance, Business News
Don McNay

The nation's economic system has also gotten addicted to shopping.To turn the economy around, Americans need to find a spender's version of rehab.

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Fed Cut Is Bad News For Savers

USA Today | Barbara Hagenbaugh | Posted 05.25.2011

Read More: Adjustable-Rate Mortgages, Savers, Interest Rate Cut, Raised Fees, Write-Downs, Fed Cut, Federal Reserve, Home-Equity Loans, Credit Card Rates, Lenders, Business News

The Fed's cut is good news for borrowers but bad for savers. Lenders cut the prime rate, the benchmark for many home-equity loans. Credit card rates ...

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