savings

Saving is income not spent, or deferred consumption. Methods of saving include putting money aside in, for example, a deposit account, a pension account, an investment fund, or as cash. Saving also involves reducing expenditures, such as recurring costs.

(source: en.wikipedia.org)

Robinhood Retreats From Checking, Savings Products
Robinhood Retreats From Checking, Savings Products
December 16, 2018  |  Bank Regulation

Robinhood, the FinTech that garnered a lot of attention last week after announcing a checking and savings product with 3 percent interest, has retreated from...

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Kroger Debuts Rx Membership Program
Kroger Debuts Rx Membership Program
December 13, 2018  |  Retail

Kroger has launched the Rx Savings Club, which aims to significantly reduce the cost of prescription drugs for customers across the country. The program adds...

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Marcus Buoys Goldman’s Growth
Marcus Buoys Goldman’s Growth
October 16, 2018  |  Earnings

Goldman Sachs booked a 4 percent year-over-year revenue increase for the third quarter of 2018, with that growth powered in part by increased lending through...

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Acorn Uses Vault Acquisition To Launch Retirement Fund Services
Acorn Uses Vault Acquisition To Launch Retirement Fund Services
April 25, 2018  |  Consumer Finance

Following its acquisition of Vault, Acorns has rolled out a simple way to open and fund a retirement account through Acorns Later. The launch marks...

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Mobile Savings App Digit Gets Into Credit Card Debt Payments
Mobile Savings App Digit Gets Into Credit Card Debt Payments
April 25, 2018  |  Mobile

Digit, the developer of an automatic mobile savings app, has launched a new feature enabling its users to pay down credit card debt directly from...

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Stocks, Real Estate Drive US Household Wealth to Record High
Stocks, Real Estate Drive US Household Wealth to Record High
March 09, 2018  |  Economy

Thanks in part to surging stocks and increasing property values, the wealth of people living in the U.S. increased in the fourth quarter of 2017....

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LendingClub: Getting Borrowers Off The Credit Hamster Wheel
LendingClub: Getting Borrowers Off The Credit Hamster Wheel
February 05, 2018  |  Banking

Another day, another customer trudging into the bank to discuss credit card debt and a lack of savings … over a venti Starbucks latté. It...

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Consumer Spending Jumps In November
Consumer Spending Jumps In November
December 22, 2017  |  Consumer Finance

Spending on the part of U.S. consumers picked up during the month of November, with the order of capital goods increasing for the tenth month...

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Priming The NearPrime Credit Pump
Priming The NearPrime Credit Pump
November 28, 2017  |  Data Drivers

No one is born with an 800 or 400 credit score. As many as 50 million Americans pass through the 600 to 700 score rang...

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