Consumer spending report shows improved savings rate

The report on Americans' economic activity during January shows a surprising trend: Americans are making a little more but saving a lot more.
Piggy bank

Record-low interest rates fatten banks, hinder saving, investing

The Fed's interest rate policy is boosting profits at bailed out banks at the expense of savers, investors, pensions and endowments. READ ON
a banker counting profits from credit card interest rates and penalty fees

Retail sales rising more slowly than anticipated

U.S. retail sales saw a slight gain for the month of June, mostly from sale of cars and gas. The consumer price index also increased slightly.
Gas station pump

Is Applying For A Payday Loan Through A Direct Lender The Best Option?

Using a lender matching service can get you cash in as little as 2 hours. Direct lenders have a very high denial rate for applications.
Using a lender matching service can get you cash in as little as 2 hours. Direct lenders have a very high denial rate for applications.

Fewer people are using their credit cards

Recent data from the U.S. Commerce Department reveals that fewer people use credit cards, and more people are saving than ever. READ MORE...
Anchor

Where Should You Squirrel-Away Your Cash?

Despite rising unemployment, personal incomes rose 1.6 percent in May, and savings rates are up. But is there any good place to stash your cash?