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Savings take a hit as pandemic lingers

Oct 30, 2020
People bought more stuff, like cars and home office equipment, an expert says. But also, there haven’t been any more relief checks.
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For some, pandemic is a rare chance to save money

Sep 8, 2020
Many are taking the chance to build up emergency savings or save for a downpayment, while others are paying down credit card debt and student loans.
martin-dm via Getty Images

China's big savers weather pandemic uncertainty

Jun 16, 2020
The communist government is not handing out cash to struggling workers. Many have to depend on themselves.
Zhang Lei manages an entertainment center in Shanghai, and for four months, he was not sure whether he would still have a job or not.
Charles Zhang/Marketplace

Millions are facing unemployment without savings to fall back on

Apr 2, 2020
The median U.S. household has just a couple of weeks worth of savings to tap into in a crisis.
Some economists believe the unemployment rate could hit 30% before long.
Angela Weiss/AFP via Getty Images

China struggles to teach its savers that investments carry risks

May 22, 2019
Wealth management products are massively popular among the Chinese public.
A Bank of China Shanghai branch is one of the big state-owned banks that sells instruments called wealth management products, which are very popular among ordinary Chinese investors.
Charles Zhang/Marketplace

IRS raises retirement account contribution limits

Nov 2, 2018
The IRS just raised the limit on how much you can contribute to your retirement accounts. Starting in 2019, you can put $6,000 a year into an individual retirement account and $19,000 into a 401(k) or 403(b). But a very small percentage of people take advantage of these savings plans — and a lot of […]

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The best personal finance books for recent college grads

May 18, 2018
Marketplace contributor Chris Farrell shares some of his recommendations.
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Save more or owe more?

Feb 22, 2018
With wages and incomes up, more Americans say they are saving for a rainy day. But it might be wiser to use the money to pay down debt. Marketplace’s Aaron Schrank explains. Click the audio player above to hear the full story. 

The savings rate is at its lowest point since the recession

Jan 29, 2018
The lack of personal income savings is a reminder that all this growth economic growth could slow down pretty quickly.

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