Savings News

Savings News From AOL News

Opinion: Why Obama's Corporate Tax Cut Plan Is Wrong

(Sept. 7) -- President Barack Obama reportedly will propose two big corporate tax cuts this week. One would expand and make permanent the research and experimentation tax credit, at a cost of about $100 billion over the next 10 years. The other would allow companies to write off 100 percent of their new investments in...

Contra Washington Post, Americans Likely to Save More, Not Less

(Aug. 31) -- Robert Samuelson, The Washington Post's economics and politics columnist, surveys the country's lingering economic malaise and points his finger at consumers. He wrote Monday: Why is the recovery faltering? There are many explanations: a depressed housing market; weaker-than-expected exports; cautious...

Opinion: Want a Nation of Savers? Start at Birth

(July 23) -- Without much fanfare, savings disappeared from the national economy, replaced by rising levels of debt used to finance ever-expanding consumption. It's an unsustainable path, and one that contributed to the Great Recession we are still struggling to overcome. And while turning us into a nation of savers...

Study: Recession Tougher on Black Middle Class

(July 21) -- Middle-class black Americans dipped into their retirement accounts to stay afloat during the recession at a higher rate than their white counterparts did, broadening the "retirement gap" between whites and African-Americans, according to a new study. Nearly half of all blacks making at least $50,000 a year...

Opinion: Wanted -- Better Financial Literacy

(June 25) -- When you need to borrow money to make a purchase or pay a bill, how do you decide what kind of loan to take? How do you make other financial decisions? Do you have money set aside for emergencies? Are you basing your financial decisions on the right information? As millions of Americans struggle to recover...