Young Americans More Likely To Save Their Tax Refunds.

Rachel Rochelle, 24, checks her mail twice a day, waiting for her tax refund. She is expecting just over $2,000 from Uncle Sam, and she knows exactly what she’s going to do with it. She is going to put it into her savings account. “I prefer to have a solid sum of...

Personal Income Makes Biggest Drop in 20 Years

Personal Income Makes Biggest Drop in 20 Years Americans’ income dropped significantly in January, marking the deepest monthly decline in 20 years. But the sharp drop was apparently caused by one-time factors. For most families, income was not quite so volatile. They...