What’s to blame for the falling national savings rate? Experts point to a range of reasons Americans just can’t (or won’t) save, including income inequality, the collapse of housing values, the disappearance of pensions, the rising costs of education and health care, and the iPad.
It’s a Deal: Half Off FTD Flowers & Gifts
Add this to the list of coupons for Valentine’s gifts: During a promo with group-buying site Groupon, customers pay $20 for a voucher redeemable for $40 worth of flowers and other merchandise from FTD. The offer is available for purchase through Friday, February 11, and vouchers expire on June 15, 2011.
$1,400 for Smurfberries!?! Why You Should Think Twice Before Handing an iPhone Over to an 8-Year-Old
Parents want their children to become comfortable with technology. But in the course of amusing themselves with apps and games, kids can unknowingly (or perhaps knowingly) pile up huge bills on their parent’s credit cards.
Safety Investigators Clear Toyota–But Safety’s No Longer the Problem
There’s no evidence that malfunctions in electronics caused sudden acceleration mishaps in Toyota vehicles. That was the conclusion of an investigation by the National Highway Traffic Safety Administration, assisted by NASA. The investigation will spare Toyota from additional lawsuits tied to the recall of vehicles in which …
It’s a Deal: 40% off CVS Brand Products
Now through February 9, all CVS brand products are discounted by 40% for orders placed at CVS.com. Free shipping is available for orders totaling over $49 (not including prescriptions).
The Recession’s Big Impact on Marriage and … College Student Drinking Habits?
Seeing as money is often cited as a prime reason couples break up, it’s no surprise that the economic downturn has had a big impact—sometimes positive, often negative—on many marriages. The tough economy may also be causing the nation’s college students to hit the bottle less too.
16 Money-Saving Coupons, Sales, and Freebies for Valentine’s Day
“Honey, you wouldn’t believe how cheap your gift was!” That’s not the most romantic thing to hear on Valentine’s Day. But no one needs to know how much (or how little) you spent.
Is the global recovery becoming a sure thing?
Statistically, the Great Recession is already in the history books. But as we all know, things haven’t felt that way in large swaths of the global economy. Yes, the worst-case scenario (a double-dip recession) never materialized, but the recovery is fragile and uneven, at best. Growth in many parts of the developed world has been …
Get Schooled in Strategic Mortgage Default
Brent White, the University of Arizona law professor who is a leading proponent of strategic default—i.e., walking away from a mortgage when it’s in your financial interest—is leading an online seminar for underwater homeowners next week, after a similar seminar recently sold out.
The Secret to Saving $80K on College Tuition
The trick, which is probably much easier than getting a scholarship, is convincing someone to marry you.
Should You Put Your Savings in a Chinese Bank Account?
China’s latest export: Bank Accounts (Photo: Stringer/REUTERS)
In the middle of last month, the Bank of China quietly announced a startling new bank account available to America citizens. At one of three Bank of China branches in the United States–two in New York and one in Los Angeles–an American can walk in, open an account and …
World Economic Forum 2011: A New Reality
In Davos, TIME’s Board of Economists grapples with a world split in halves