Savings Archives

NEW YORK (MainStreet) — When it comes to online banking, the philosophy of bigger banks has often been to bundle in some online banking services with their existing bricks-and-mortar branches and leave it at that. Read more»

NEW YORK (MainStreet) – Most parents try to set something aside for college costs, but although many put a lot of thought into just how to invest this money, many overlook an equally important question: when to shift out of growth-oriented investments like stocks and into bank savings or other cash vehicl Read more»

NEW YORK (sbup) — More Americans are struggling to make ends meet, as many either can’t find work or the work they can find doesn’t provide enough income to pay the bills. Read more»

NEW YORK (MainStreet) -- As angst over financial and economic conditions deepens, even gold is losing its luster. Slackening demand has driven prices down to around $1,600 an ounce, from $1,900 just a few weeks ago. Today, the hot safe haven is the good old U.S. Treasury bond.Should a small investor follow the pros into Treasuries? Read more»

NEW YORK (sbup) — A cynic might say the dollar coin fiasco (in which the Treasury has minted a bunch of coins that remain largely uncirculated) is exactly why the federal government should never be in the marketing business: The coins are mounting up in government warehouses across the country as consumers have made it clear they prefer paper over metal for their dollar currency. Read more»

NEW YORK (MainStreet) -- Gold is trading up once again today – up $22 to $1,778 per ounce. There’s no guarantee that the precious yellow metal will keep rising in value, but one thing’s for sure – if Americans continue to believe that the economy is floundering, gold will be in high demand. Read more»

NEW YORK (sbup) — A new white paper on Federal Reserve economic policy draws the sharp conclusion that the Fed is waging a three-pronged war on bank savers. Read more»

NEW YORK (MainStreet) — A year or two ago, almost no one would have predicted that interest rates would still be at rock-bottom levels halfway through 2011. But they are, driving many investors to take on bigger risks reaching for higher yields. Just consider this suggestion from a recent story in The Wall Street Journal: Read more»

NEW YORK (sbup) -- American teens are not only mistrustful of major financial institutions, they’re actually growing resentful, and that could impact both the long-term savings habits and bottom line of U.S. Read more»