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- Boehner: It took me 3 to 4 hours to sign up for Obamacare
Why such hatred toward America's freedom of religion?
Independent voices from the The Washington Times Communities
Topic - Greg Mcbride
About a quarter of Americans are investing in cash for the long term instead of stocks — guaranteeing themselves a return that is lower than other financial products.
Wall Street suffered through its worst day of the year Thursday, bringing investors down from the "sugar high" they have enjoyed this year as the markets topped milestone after milestone.
In the first comprehensive study of its kind, the Federal Trade Commission reported Monday that some 40 million Americans could be suffering from errors that are keeping their credit scores lower -- and their borrowing rates higher -- than they should be.
Vilified as a chief cause of the global financial crisis three years ago, America's banks appear to be quietly on the mend.
Most Americans remain wary of investing in the stock market, even though it is near a four-year high and savings interest rates are at record lows, according to a new study released Monday by the firm Bankrate.com.
Maryland midfielder Kevin Cooper's unusual Saturday two weeks ago did little but earn him another odd experience.
The interest rates consumers are paying on credits cards remain high, even as rates for other loans scrape along at all-time lows, according to a new report.
Citibank brought its credit and check card rewards program to Facebook on Tuesday hoping to expand user interest by allowing customers to pool points among their social network friends.
It's not so easy to find a free checking account these days. The number of banks offering basic, no-strings-attached free checking accounts has plummeted in the past two years.
Americans have learned little from the Great Recession about saving for rainy days.
Inflation spooked the nation in the early 1980s. It surged and kept rising until it topped 13 percent.
Mortgage rates fell this week to the lowest level on record, giving consumers added incentive to lock in low payments for home purchases and refinanced loans.
Mortgages are cheaper today than they've been in several decades. If only most people had the job security, the credit score and the cash to qualify.
Banks in the Washington area increasingly are giving their customers "ATM freedom."
"The fact that people don't save enough is well-documented, but people hunkering down with cash with such little savings at low interest rates has the potential of leaving millions of Americans well short of where they need to be for long-range goals like retirement," Greg McBride, Bankrate.com's senior financial analyst, told ABC News.
"The ride down wasn't fun for anyone, but those who hung in there and had fortitude to buy more stocks along the way are in a much better financial position today," McBride told CNN/Money. "But those who have been hunkered down in cash are no better off."