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Savings tumble poses risk to boomers
Feb 1 2007 7:32PM (CT)
WASHINGTON (AP) - People are saving at the lowest level since the Great Depression, and that could be a problem for the millions of baby boomers getting ready to retire.
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2006 personal savings fall to 74-yr. low
Feb 1 2007 1:22PM (CT)
WASHINGTON (AP) - People once again spent everything they made and then some last year, pushing the personal savings rate to the lowest level since the Great Depression more than seven decades ago.
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Jobless claims fall by 20,000 last week
Feb 1 2007 8:42AM (CT)
WASHINGTON (AP) - The Labor Department reported Thursday that the number of newly laid off workers filing claims for unemployment benefits dropped by 20,000 last week to 307,000.
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