[View RSS]

Business :: Saving

Angie Trombley carries a crate of Islanders, purple-colored heirloom peppers, grown in a caterpillar-style greenhouse at the Squire Tarbox Farm on Westport Island, Maine.

Slow Money Invests in Small Food Enterprises

SAVING | By Lisa Rathke | Friday Sep 19, 2014
The Slow Money investment movement started after Woody Tasch wrote his 2009 book "Inquiries into the Nature of Slow Money: Investing as if Food, Farms, and Fertility Mattered" discussing investments that focus more on sustainability than consumption.

Is the Way We Pay for Things Changing?

SAVING | Sep 18
A new study by Bankrate says 63 percent of those between the ages of 18 and 29 don't have a credit card. But debit cards are the payment tool of choice. CBS News business analyst Jill Schlesinger explains what's behind this trend.

Will Apple's Digital Wallet Kill the Card Swipe?

SAVING | By Mae Anderson | Sep 17
So-called contactless payment isn't new, but with its presence on millions of iPhones and its advanced security features, Apple Pay could be the service that leads to widespread adoption of the digital wallet.

Stocks Decline Amid Interest Rate Worries

SAVING | By Steve Rothwell | Sep 16
The prospect of rising interest rates sent the stock market to its first weekly loss since early August. The Standard & Poor's 500 index fell 11.91 points, or 0.6 percent, to end at 1,985.54 on Friday. The index was down 1.1 percent for the week.

Why Fund Managers Are Sad You're Not on Vacation

SAVING | By Stan Choe | Sep 15
Your stock-fund manager wishes you'd buy more fun things. Most mutual funds are failing to keep up with broad market indexes again. It's a trend that's gone on for years.

The new Apple Pay product.

Apple Pushes Digital Wallet with Apple Pay

SAVING | By Mae Anderson | Sep 11
Apple is betting that people want to pay with a tap of the phone rather than a swipe of the card. The technology company introduced a new digital wallet service called Apple Pay that is integrated with its Passbook credential-storage app.

Late-Payment Rate on US Auto Loans Rose in 2Q

SAVING | By Alex Veiga | Sep 10
As U.S. sales of cars and trucks have grown this year, so has the late-payment rate on auto loans.

US Consumer Borrowing Jumps by Most in 3 Years

SAVING | By Christopher S. Rugaber | Sep 8
U.S. consumers stepped up their borrowing in July, led by rising auto loans and higher credit card balances. The Federal Reserve said that overall consumer borrowing jumped $26 billion in July to $3.24 trillion.

Startups Offer Banking for Smartphone Users

SAVING | By Joseph Pisani | Sep 4
The latest banks are small enough to fit in the palm of your hand. Startups, such as Moven and Simple, offer banking that's designed specifically for smartphones, enabling users to track their spending on the go.

Tips on Auto Financing if You Have Poor Credit

SAVING | Sep 3
Easy credit and longer-term loans currently being offered at auto dealerships can make buying an expensive car alluring. Greg McBride, chief financial analyst at the Bankrate.com website, says consumers with poor credit shouldn't bite.

People pour ice water over themselves during an "ice bucket challenge" fund raising event in Bangkok.

Cold Cash Just Keeps Washing in from ALS Challenge

SAVING | By Allen G. Breed | Sep 1
Approaching $100 million, the viral fundraising campaign for the ailment better known as Lou Gehrig's Disease has put the ALS group into the top ranks for medical charity donations. Since the end of July, the money has been sloshing in.