69 Percent Of Americans Have Less Than One Thousand Dollars In Savings


by Felix Richter,

-- this post authored by Niall McCarthy

A new survey has revealed that the vast majority of savings accounts across the United States contain $1,000 or less.

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What We Read Today 26 September 2016

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).


Every day most of this column ("What We Read Today") is available only to GEI members.

To become a GEI Member simply subscribe to our FREE daily newsletter.

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 more features, analysis, studies, and news published in the last week

The Expected Effects of Petitions to Improve the Monetary System

Written by , The Somist Institute

William Jennings Bryan's words are as true today as they were when first uttered more than one hundred years ago:

'When we have restored the money of the Constitution, all other necessary reforms will be possible, but until this is done there is no other reform that can be accomplished.'



Infographic Of The Day: How The World's Most Iconic Logos Evolve Over Time

For many of the world's most iconic companies, the value of a brand is immeasurable.

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Video of the Day:

Have you ever noticed that you're especially popular with the mosquitoes? Maybe they're swarming you but leaving your friends un-bitten? It might be your skin. Certain bacteria on your skin secrete chemicals that are especially attractive to mosquitoes.

video of day picture


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Current Weather Outlook

Written by

Hard to know what the main theme tonight is: Hurricane Paine (which you can track here),  first Fall Storm, or the Cool Anomaly shifting west out of the ONI Measurement Area?  So I guess we will cover all of that and more.


 more investing, markets, precious metals & forex

We're Back Here We Started

 more opinion

Housing Inflation- A Simple Case Of Supply And Demand Exacerbated By Low Rates

by Lee Adler, Wall Street Examiner

Housing demand growth is slowing, so why is housing inflation continuing at a steady pace more than twice the rate of the CPI? The answer is simple- tight supply and a mortgage rate subsidy that reduces the effective cost of a house to the buyer, thereby increasing the purchase price that buyers can pay.

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 USA economy at a glance (boxed items are updates in last 7 days)

Average Gasoline Prices for Week Ending 26 September 2016 Unchanged

Average gasoline prices were statisiically unchanged this past week following the previous week's 2.3 cents rise.

Average prices by region and a breakdown by grade follow after "Read more....".

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