American saving rates are approaching new lows after a brief spike during the pandemic. Experts say inflation and increased costs for food, fuel and energy are depleting more of the average American household's cash.
Why personal savings have hit new lows
People only saved an average of 2.9% of their disposable income in Q4. Why?
Why personal savings have hit new lows
Ted Shaffrey / AP
Posted: 3:45 p.m. EST Feb 10, 2023
2:17
The evolution of engagements and rings as symbols of commitment
40% of engagements take place between Thanksgiving and Valentine's Day, according to industry experts.
5:00
What's the debate over making school buses cleaner?
25 million U.S. students use diesel-powered school buses daily, prompting debates on cleaner alternatives.
4:00
Is the Voting Rights Act at risk?
A federal appeals court is challenging Section 2 of the Voting Rights Act in a battle that's likely to make its way to the Supreme Court.
What were Scripps News' most-clicked-on stories of 2023?
Tarantulas, tech tips and cheap gas were among the stories that interested Scrippsnews.com readers the most in 2023.
3:17
Israel expands fighting throughout Gaza following truce with Hamas
Israel is urging Palestinians in southern parts of the territory to evacuate as it goes after Hamas targets.
Divers find wreckage, remains from US aircraft that crashed off Japan
The CV-22 Osprey carrying eight American military personnel crashed last Wednesday off Yakushima island during a training mission.
