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Savings Rate

Boy Steals $4,000 From Parents For Candy

The Huffington Post | Posted 11.09.2012 | Money

Imagine a kid in a candy store. Now imagine a kid in a candy store with $4,000 to spend. A nine-year-old Ukrainian boy spent nearly $4,000 at a ca...

Spending Rises Despite Flat Incomes

Richard Barrington | Posted 06.19.2012 | Business
Richard Barrington

Changes in spending can temporarily outstrip changes in income without doing any harm, but over the long run this implies an increase in debt and/or a decrease in savings rates. Unfortunately, this has already been the trend.

We Burned Through Our Savings

The Huffington Post | Mark Gongloff | Posted 04.18.2012 | Business

Back in the good old days of the mid-2000s, before that whole unpleasantness with the global financial crisis and the near-depression and what have yo...

Consumer Spending Slows As Americans Dig Themselves Out Of Debt

The Huffington Post | Bonnie Kavoussi | Posted 11.23.2011 | Business

As Americans pay down their household debt, their reluctance to spend is hurting the economic recovery. Though disposable personal income rose 0.3...

Americans Saving Lowest Percentage Of Disposable Income In Nearly 4 Years

Posted 12.28.2011 | Business

Sluggish growth in U.S. consumer income in September led households to cut back on saving to increase their spending, casting doubts over the dura...

Consumer Spending Up -- Thanks To Higher Gas And Food Prices

The Huffington Post | Yepoka Yeebo | Posted 05.28.2011 | Business

Consumer spending increased in February for the eighth straight month, but much of the gain came from steadily rising gas prices and higher grocery bi...

Americans Get A Raise In January

Posted 05.25.2011 | Business

WASHINGTON: Consumer spending rose less than expected in January as households took advantage of the largest increase in incomes in more than 1-1/2 ...

Financial Fitness and Physical Fitness

Don McNay | Posted 05.25.2011 | Business
Don McNay

Most of us want to be physically fit, but very few of us are. The same holds true with financial security. As my father (and many others) used to say, "A lot of people want to go to heaven but no one wants to die to get there."

Stiglitz: It's 'Absolutely Clear' U.S. Needs A Second Round Of Stimulus

Bloomberg | Michael Heath and Rishaad Salamat | Posted 05.25.2011 | Business

Nobel Prize-winning economist Joseph E. Stiglitz said the U.S. economy faces an "anemic recovery" and the government will need to enact another round ...

Savings Are a Lousy Excuse for America's Trade Deficit

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

It is time for America's ruling circles to stop their endless game of seeking ever more sophisticated ways of pretending that America's trade crisis is something other than what it is: a trade crisis.

Why U.S. GDP Growth Is Unsustainable And The Recovery Will Fade: Edward Harrison

Credit Writedowns | Edward Harrison | Posted 05.25.2011 | Business

The US turned in a fairly robust quarter in Q1 2010, with real GDP growth meeting expectations at 3.2% annualized. This comes on the back of a very ro...

Chinese Currency Manipulation is Real, But it's America's Fault

Ian Fletcher | Posted 05.25.2011 | Home
Ian Fletcher

Despite the Obama administration's desperate efforts to keep the issue off the boil, Chinese currency manipulation is back in the news again. Treasury...

How Americans Are Drastically Reducing Their Debt: Mint.com (CHART)

Huffington Post | Grace Kiser | Posted 05.25.2011 | Business

As the economy emerges from the downturn, consumers are likely to spend the next several years drastically reducing their debt -- at least if historic...

Americans' Retirement Savings: 43% Of Americans Have Less Than $10K For Retirement

CNN Money | Chavon Sutton | Posted 05.25.2011 | Business

The percentage of workers who said they have less than $10,000 in savings grew to 43% in 2010, from 39% in 2009, according to the Employee Benefit Res...

Savings Rate Increases: Americans Saving More In Weak Economy

Washington Post | V. Dion Haynes | Posted 05.25.2011 | Business

The recession has caused a seismic shift in the consumer culture, converting die-hard spenders into savers. A growing number of people, either smartin...

It's Time to Teach Children About Money

Don McNay | Posted 05.25.2011 | Business
Don McNay

I'm convinced that most of the mistakes made handling money result from lack of information and bad habits formed in childhood.

A Year After The Crisis, The Consumer Economy Is Dead

McClatchy | Kevin G. Hall | Posted 05.25.2011 | Business

WASHINGTON -- One year after the near collapse of the global financial system, this much is clear: The financial world as we knew it is over, and some...

There is Only One Durable Solution to the Economic Crisis

Greg Tarpinian | Posted 05.25.2011 | Business
Greg Tarpinian

Most economists agree that until the consumer begins to "spend again," the economy is unlikely to grow at meaningful rates in the next several years. But when and how will that happen?

Women Choose Saving $50 Per Week Over Having More Sex: AOL poll

nydailynews.com | By Kavita Mokha | Posted 05.25.2011 | Business

For love or money; we'll take money. And that's the final answer to a question about what women say they would rather do when given a choice betwee...

Big Spenders Likely To Marry Big Savers

Yahoo! News | Kristina Cooke | Posted 05.25.2011 | Business

NEW YORK (Reuters Life)- Frustrated by your spouse's spending habits? It might be why you married them, according to a working paper titled "Fatal (F...

Can The Lottery Help Us Save Money?

wsj.com | JASON ZWEIG | Posted 05.25.2011 | Business

Based on recent headlines, you might think that Americans are finally saving again. Want to bet? In 2007, the latest year for which final numbers are...

Households Hoard Cash, Savings Rate At 15-Year High

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON _ Households raised their savings rate to the highest level in more than 15 years in May as many used a big boost in money from the governm...

Savings Rate Surges To 5%, Highest Level Since 1995

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — Consumer spending and incomes rose more than expected at the start of the year, but the gains were seen as fleeting in light of the...

Americans Saving More When Economy Needs Spending Most

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — Americans are hunkering down and saving more. For a recession-battered economy, it couldn't be happening at a worse time. Economis...