economy

According to a study by the Congressional Research Service, roughly 2,360 millionaires collected unemployment insurance benefits in 2009. The study, titled “Receipt of Unemployment Insurance by Higher-Income Unemployed Workers,” determined that 2 percent of unemployment insurance claims received in 2009 were to millionaires, adding up to nearly $21 million in benefits.

If you want to buy something but don't currently have enough money, one option is to use layaway. Under that plan, the customer makes payments in installments and doesn't receive the item from the store until they have paid the full price. Those who want to buy their holiday gifts this way probably have to start thinking about doing so soon. So how many holiday shoppers are planning on using layaw

For recent college graduates, the economic downturn and very, very slow recovery of the past few years have been brutal. But things may be looking up. According to the Job Outlook 2013 survey, employers are on track to hire 13 percent more graduates from the class of 2013 than they did for those who walked away with their degrees in 2012.

Consumer error appears to be greatly benefiting the financial industry, as a new banking report finds that charges to checking accounts caused by insufficient funds generated $31.5 billion last year. That is up from $30.8 million the year before, marking roughly an overall 2 percent increase.

There is some relief coming for stay-at-home parents who are often starved of credit access because of lacking personal finances.

The days of the free checking account are nearing extinction and ATM fees are on the rise, according to the latest financial research from bankrate.com. Those annoying ATM surcharges that consumers incur every time they withdraw cash from a money mover that is not the property of the their bank have risen once again, to an all-time high of $2.50, up 4 percent from last year. And lest you think we

According to a new survey from CouponCabin.com of 2,570 adults, 50 percent play the lottery. And of that percentage, 65 percent would continue to live frugally it they happened to win big. But would a frugal life include keeping their job and continuing to draw their salary?

People sure do love their iPhones, but they also can't seem to stop dropping them—good news for the booming iPhone-repair business. In fact, a recent accident survey by SquareTrade found that the American population has spent nearly $5.9 billion fixing their damaged phones since the first device hit the market in 2007.

It might seem almost impossible to operate in today’s economic world without the use of a bank account, but a new survey suggests that many Americans are actually doing it, opting to finance their daily lives with quick cash services and prepaid credit cards.

There has been much discussion and debate about how much damage the great recession did to the middle class. According to a new survey from the Pew Research Center it has certainly affected at least the way Americans view their financial standing...

As the days of buying cheap gasoline pass into the American history books, more and more of us are driving fuel-efficient vehicles as a means to combat those steadily rising gas prices. That is, unless you happen to have enough money to not give three screaming squirts about how much gas prices go up...

Listen up employers. According to a new study, most workers would be happy with virtually any amount as a holiday bonus, even a measly $25. That's most likely because the majority don't expect to get anything at all.