Oil fell on Tuesday after surging the most on record following attacks on Saudi's oil industry that disrupted the kingdom's production.Marketsread more
Damage to the top OPEC producer's oil facilities ignited fears of supply disruption around the world and has sent crude prices soaring.Energyread more
The second-largest investor in Kraft Heinz Company discloses that it has again trimmed its stake in the food company.Marketsread more
Elliott Management may not see John Stankey as a future leader at AT&T, but bailing on him before he executes his integration plan has the potential for disaster.Technologyread more
Retailers could be in for a jolly jump in holiday sales despite headwinds like the U.S.-China trade war and threat of another economic slowdown.Retailread more
Walmart likely discriminated against dozens of female workers in its stores, according to a Tuesday report from the Wall Street Journal.Retailread more
Canaccord Genuity's Tony Dwyer says Americans are spending less than ever on their fuel needs.Trading Nationread more
U.S. manufacturing output increased more than expected in August, boosted by a surge in machinery and primary metals production.Economyread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
The service will debut in April with pricing to be announced closer to the launch data, NBCUniversal says.Technologyread more
Apple isn't trying to blow our minds with groundbreaking new features on the iPhone 11, but is making lots of little improvements each year, this year focusing on cameras and...Technologyread more
The study found that only 23 percent of Americans were putting that leftover money toward their savings or investments.
So what are Americans doing with the extra cash? The survey found that 40 percent were using it to pay for essentials such as rent or groceries. Another 14 percent said they were using the money to enjoy themselves a little more, liking eating out or taking a vacation.
"In a testament to tight household budgets, more Americans spent the savings from lower gasoline prices on necessities than anything else," says Greg McBride, CFA, Bankrate's chief financial analyst. "The percentage of Americans earmarking money for everyday necessities outpaced those using it for discretionary purchases by nearly 3 to 1."
Gas prices have dropped about 28 percent since May of last year, reports Bankrate. That could mean about $700 in savings per household in 2015 compared to 2014, according to estimates by the Energy Information Administration. If that holds true, it would be the lowest spending on car fuel in 11 years.
Among the findings:
Read the full report here.