The central bank is not normally in the business of easing into an economy that is showing few signs of a recession, generally holding fire until more pronounced signs of a...The Fedread more
His case for gold comes as central banks get more aggressive with policies that devalue currencies and are about to cause a "paradigm shift" in investing.Marketsread more
CSX said it expects revenue to fall as much as 2% in 2019, well below a previous forecast of an increase of 1% to 2%.Marketsread more
Challenging conditions in the U.S. housing market, along with tighter currency controls by the Chinese government, cause a stunning drop in foreign demand for American homes.Real Estateread more
The growth in net interest income, a main engine of the industry's profit, looks to slow to a halt in the back half of this year.Banksread more
Here's how Amazon sells ads, and why it has a natural edge over Google and Facebook in some areas.Technologyread more
Netflix reports earnings Wednesday as it loses licensed shows to rivals launching their own streaming services.Technologyread more
Federal Judge William Pauley wrote in a court filing made public Wednesday that materials related to Cohen's campaign-finance probe should be unsealed — and denied a request...Politicsread more
The "'Cadillac tax," set to go into effect in 2022, is unpopular with both Republicans and Democrats, who say it punishes the middle class.Health and Scienceread more
Facebook's head of Calibra David Marcus is grilled during a House Financial Services Committee hearing over the company's digital currency plans.Technologyread more
Gov. Phil Murphy of New Jersey announced a lawsuit against the IRS and Treasury Secretary Steven Mnuchin, responding to new, final rules from the IRS that would largely block...Personal Financeread more
A new survey shows that most Americans may not know their net worth or have a spending plan to help them meet their savings goals, but at least the majority of people in this country are putting some money away. About 52 percent of Americans say they are able to save at least 5 percent of their income, and the percentage who are doing so has increased in the past year, according to the annual America Saves Week survey.
America Saves, a consortium of about 1,700 organizations that is managed by the Consumer Federation of America, American Savings Education Council and Employee Benefits Research Institute, finds consumers are making progress in other areas as well. More than three-quarters of Americans say they have no consumer debt or are reducing it and two out of three said they have "sufficient emergency savings to pay for unexpected expenses like car repairs or a doctor's visit."
But are consumers telling the truth?
Another report out Monday shows the emergency savings cushion pales in comparison to credit card debt in many Americans' household budgets.
About one in four consumers have more credit card debt that emergency savings, according to a monthly survey from Bankrate.com. Another 13 percent don't have credit card debt or emergency savings, leaving them teetering on the brink of financial disaster.
Read MoreStop paying for your credit score
Still there is some good news here. More than half of consumers—58 percent—have more emergency savings than credit card debt, according to the Bankrate report, and they're feeling more financially secure than they have in a while. Americans are less pessimistic about their job security, net worth and overall financial situation than they have been in four years, when this survey began.