Finance :: Saving

Late-Payment Rate on US Auto Loans Rose in 2Q

By Alex Veiga | Sep 10
As U.S. sales of cars and trucks have grown this year, so has the late-payment rate on auto loans.

US Consumer Borrowing Jumps by Most in 3 Years

By Christopher S. Rugaber | Sep 8
U.S. consumers stepped up their borrowing in July, led by rising auto loans and higher credit card balances. The Federal Reserve said that overall consumer borrowing jumped $26 billion in July to $3.24 trillion.

Startups Offer Banking for Smartphone Users

By Joseph Pisani | Sep 4
The latest banks are small enough to fit in the palm of your hand. Startups, such as Moven and Simple, offer banking that's designed specifically for smartphones, enabling users to track their spending on the go.

Tips on Auto Financing if You Have Poor Credit

Sep 3
Easy credit and longer-term loans currently being offered at auto dealerships can make buying an expensive car alluring. Greg McBride, chief financial analyst at the Bankrate.com website, says consumers with poor credit shouldn't bite.

People pour ice water over themselves during an "ice bucket challenge" fund raising event in Bangkok.

Cold Cash Just Keeps Washing in from ALS Challenge

By Allen G. Breed | Sep 1
Approaching $100 million, the viral fundraising campaign for the ailment better known as Lou Gehrig's Disease has put the ALS group into the top ranks for medical charity donations. Since the end of July, the money has been sloshing in.

Burger King Move Could Provide Huge Tax Reduction

Aug 27
As Burger King looks to purchase a Canadian donut chain, the merger could mean huge savings for the American fast food giant. If the deal is completed, and Burger King moves, the result would be a significantly lower corporate tax rate.

Is the U.S. Stock Market Rigged?

Aug 26
Steve Kroft reports on "Flash Boys," a book by Michael Lewis that reveals how some high-speed traders work the stock market to their advantage.

USDA: Cost to Raise Child Up Slightly to $245,340

Aug 20
A child born in 2013 will cost a middle-income American family an average of $245,340 until he or she reaches the age of 18, with families living in the Northeast taking on a greater burden, according to a new report.

How Much is $100 Worth in Your State?

Aug 19
A new report by the Commerce Department shows in which states $100 will go the farthest. Mississippi spenders get the most bang for their buck, while $100 buys the least in Washington, D.C. Norah O'Donnell reports.

NY Fed: US Auto Loans Soar to Highest in 8 Years

By Christopher S. Rugaber | Aug 18
U.S. auto loans jumped to the highest level in eight years this spring, fueled by a big increase in lending to risky borrowers, according to a report Thursday by the Federal Reserve Bank of New York.