Personal Finance Blog By MoneyRates - Savings Rates
Jobs report signals more bad news for savings accounts
October 6, 2010
A disappointing jobs report represents more bad news for bank rates.
Corporate cash hoard represents untapped potential for the economy
October 4, 2010
Read why Federal Reserve policy may be backfiring, as corporations hoard cash rather than spend it.
Are savings rates building the foundation of the next recovery?
September 1, 2010
Find out how today's spending habits might slow the economic recovery, but make it stronger in the long run.
Savings accounts may be a victim of a flawed Fed policy
August 25, 2010
Find out why the Fed's costly policy of low interest rates may not be working.
Latest Fed action one more slap in the face for CDs, savings accounts and money market rates
August 11, 2010
The Fed's latest policies are holding back interest rates on deposits.
Will Your Retirement Savings Run Out?
July 20, 2010
Delaying retirement is sounding better and better -- or at least smarter and safer -- given the growing number of studies showing so many of us aren't saving enough for retirement. Among the latest are findings by the Employee Benefit Research Institute (EBRI), which says a dramatic percentage of people -- even those in upper-income [...]
Dying or Running out of Savings: Which Scares You More?
July 13, 2010
Sure, death is scary. But even more frightening to most Baby Boomers is the prospect of running out of money. Roughly six in 10 people said they feared outliving their income more than dying, according to a new survey by Allianz Life Insurance Co. of North America, which polled 3,200 people in May ranging in [...]
Retirement Savings: More Americans Worry They Won't Have Enough
July 6, 2010
As the recession's effects linger, worries about retirement savings grow. About a third of Americans are concerned they won't have enough income and assets to finance their retirement, up from 25 percent in February 2009, according to a new survey by the Pew Research Center's Social and Demographic Trends Project. Many of those already at [...]
'Frugality Fatigue': Could Higher Spending Lead to Higher Savings Rates?
June 15, 2010
In releasing its latest poll on consumer spending, Gallup coined a new syndrome with which most of us can relate: "frugality fatigue." Who, after all, hasn't grown tired of clipping coupons, putting off big purchases and saving every spare dime, only to find savings rates at minuscule levels during the recession? Unfortunately, the rich apparently [...]
Making Sense of Unemployment Numbers
May 7, 2010
With the announcement on Friday that the U.S. economy added 290,000 jobs in April--the biggest monthly gain in four years -- you'd think we'd be hearing champagne corks popping across the country. Unfortunately that statistic was accompanied by another, less uplifting number. The unemployment rate rose from 9.7 percent to 9.9 percent. What Gives? The [...]
