Saving & Banking News
Latest news and updates on Saving & Banking from AXL Media.
Latest Articles
- Investors Target $160,000 Annual Payouts as Dividend Yield Tiers Redefine Retirement Capital Requirements
Published: Apr 19, 2026
Section: Investing
Generating double the median U.S. household income through dividends requires a capital base ranging from $1.6 million to over $4.5 million, depending on the chosen risk tier. Whil...
- AM Best Warns of Declining Credit Quality as Annuity Reserves Shift to Lower-Rated Insurers
Published: Apr 11, 2026
Section: Business & Economy
A new industry report from AM Best reveals that individual annuity reserves now constitute over 36% of the total U.S. life and annuity insurance market, reflecting a significant po...
- Reserve Bank of Australia Bans Card Surcharges to Save Consumers Over One Billion Dollars Annually
Published: Apr 1, 2026
Section: Australia & Oceania
The Reserve Bank of Australia has announced a historic ban on card payment surcharges across major networks including Visa, Mastercard, and EFTPOS, effective October 1, 2026. This...
- The Rise of Gen Z "FIRE" Savers: Buying Back Time Through Index Funds
Published: Mar 18, 2026
Section: Saving & Banking
A growing segment of Generation Z is rejecting traditional retirement timelines in favor of aggressive early saving strategies. Financial analysts are observing a distinct shift in...
- Retail Real Estate Shuffle: Burlington and Ross Lead Bids for Saks Off 5th Leases
Published: Mar 17, 2026
Section: Real Estate
Following the January 2026 Chapter 11 bankruptcy filing of Saks Global, a major redistribution of retail space is underway. Discount giants Burlington and Ross Stores have emerged...
- Treasury Reports Massive Enrollment Surge for National "Trump Accounts"
Published: Mar 9, 2026
Section: Banking & Finance
The U.S. Treasury reports that 3 million children are now enrolled in "Trump accounts" following a massive marketing push. These tax-advantaged 530A accounts provide a $1,000 feder...
- Families Race to Enroll in Trump Accounts Amid Growing Operational Uncertainty
Published: Mar 9, 2026
Section: Banking & Finance
Families have enrolled 3 million children in "Trump accounts" (530A) for a $1,000 federal seed grant launching July 4, 2026. While adoption is high due to corporate matching, exper...
- Early IRS Data Shows 10.6% Surge in Average Tax Refunds for 2026 Filing Season
Published: Mar 9, 2026
Section: Saving & Banking
Internal Revenue Service (IRS) data released Friday indicates that American taxpayers are seeing significantly larger checks this spring, with the average refund up 10.6% compared...
- ING Report Suggests US Dollar is Losing Traditional Safe Haven Status
Published: Feb 23, 2026
Section: Saving & Banking
The US dollar has seen a decline in its traditional role as a "safe haven" asset, according to a report released by ING on February 23. Analysts suggest that shifting fiscal polici...
- Citi Recruits Senior Syndication Experts to Bolster Australia and APAC Debt Market Leadership
Published: Feb 23, 2026
Section: Saving & Banking
Citigroup has significantly expanded its Australian and Asia Pacific syndication capabilities with the strategic appointments of Jessica Rowe and Dane Harris. These high profile hi...
- Stripe Crypto Subsidiary Bridge Receives Initial Approval for Trust Bank Charter
Published: Feb 21, 2026
Section: Saving & Banking
Bridge, the cryptocurrency arm of payments giant Stripe, has secured initial regulatory approval to establish a trust bank. This milestone allows the unit to hold digital assets an...
- President Trump Pushes for 10% Ceiling on Credit Card Interest
Published: Feb 20, 2026
Section: Banking & Finance
In a major policy announcement in January 2026, President Donald Trump proposed a temporary one-year cap of 10% on credit card interest rates, aiming to provide relief to millions...