Given the choice between immediate gratification and savings for the future, most Americans opted for new Italian loafers or a flat screen TV. Bucking that trend is the recent 6.9% saving rate increa

Editor's Note: The following article was written by Raymond James Chief Investment Strategist Jeff Saut. It has been produced with permission for the benefit of the Minyanville community.Minyan

The days when your mailbox is deluged with credit-card offers may be coming to an end. In fact, a recent survey conducted by the Federal Reserve said many banks will be reducing the number of credit

The past quarter century was a fun one for the American consumer. But after all that borrowing and spending, consumers have re-discovered the benefits of thrift and prudence. This is good news for pe

The health-care sector is huge here in the US, accounting for 16% of GDP, and politicians have decided the system demands a radical overhaul.So, on Saturday, as you kicked back beers at the local bar

Perhaps the only real surprise from the Fed’s post-meeting statement yesterday, market pros note, is that there was no surprise at all.So says Dennis Gartman, editor of The Gartman Letter. As t

Debit cards provide a quick and easy way to pay for inexpensive items such as Frappucino’s or deodorant, but they should carry a warning: be careful or this card can cost you a fortune in fees.

Photo by Paul Morigi/Getty Images “We've been getting more involved," Ashley told the Los Angeles Times in 2000. "We're old enough now to understand everyt

Old school Minyans might recognize the title of this column. It was used in January 2005 after a spiritual awakening in Arizona. When I walked into the desert that day, I operated from a place of fin

Many baby boomers spent too much time listening to rock lyrics that said “live for today and don’t worry about tomorrow,” which has plunged them into financial trouble and is delayi