Tag Archives: Savings

US dollar and rouble equally attractive to Russians as means of savings poll shows

About a quarter of Russians said they prefer to keep savings in US dollars but almost an equal share of population said that they consider Russia’s rouble stable enough for this purpose, according to a recent online poll. The research, conducted by the Russian job search portal Rabota.ru earlier this month, also showed that 82 percent of the Russian public ...

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Senators 'dismayed’ as new report reveals Pentagon overestimated F-35 savings by $600 million

A Senate committee has slammed the Pentagon’s beleaguered F-35 fighter jet program, for claiming that a $ 661mn spend on bulk-buying parts would help it save some $ 1.2 billion. The real amount is half that, it has been revealed. The Senate Appropriations Committee, which has recently greenlighted a boost in spending for the F-35 program, despite it being plagued ...

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Prime savings to reach around half of Whole Foods Market stores this week

Amazon and its grocery store chain Whole Foods announced this morning that savings for Prime members will make their way to ten more stores across the U.S. this week, including Arizona, Georgia, Oregon, North Carolina and Washington, among others. The tie-up gives Amazon shoppers another reason to join the Prime membership program – 10 percent off on-sale grocery items at ...

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Yahoo shuts down social savings app Tanda only months after launch

Well, that didn’t take long. Yahoo Finance’s new social savings app Tanda, which launched just this January, is already shutting down. The company announced the news of the app’s closure via a blog post, which vaguely hinted at a lack of traction. That appears to be true – the app isn’t even in the top 1,500 in the Finance category ...

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Japanese banks trying to hold on to savings of dead clients

In an attempt to keep billions in funds left by deceased customers, Japanese regional banks are using special trusts to enter into banking relationships with the heirs of the departed. The step comes as the country’s local lenders have been losing 60 percent of funds that are subject to inheritance, Bloomberg reports, citing estimates by Fidelity Investor Education Institute. Smaller ...

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Yahoo Finance launches social savings app Tanda, an alternative to credit cards

Yahoo Finance today launched a new app called Tanda that allows small groups of either five or nine people to save money together for short-term goals. The app uses the concept of a “money pool” – that is, everyone participating in one Tanda’s collaborative savings circles will pay a fixed amount to the group’s savings pot every month. And every ...

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Greedy? Banks hike mortgage rates but delay savings account rise

Published time: 3 Nov, 2017 13:25 Edited time: 3 Nov, 2017 13:25 While Britain’s big banks jumped at the chance to increase charges on their mortgages this week, they were in no hurry to pass benefits on to savers. This after the Bank of England (BoE) voted to raise interest rates for the first time in over a decade. Millions ...

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Buying a holiday home in Spain? This is how you can make BIG savings

GETTY There are simple methods to make huge cost savings when purchasing a home in Spain You will have to exchange your pounds for euros when buying residential or commercial property in numerous European countries, and the currency exchange rate you have the ability to secure for this currency transfer can make a massive distinction to just how much you ...

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Lifetime ISA: Everything you need to know about the new LISA savings account

The state-backed plan aims to help individuals save for a house or life after work by offering a 25 percent bonus on cash in the account. It means every ₤ 4 put into a LISA will earn another ₤ 1 from the Government on up to ₤ 4,000 of savings every year. How does the account work?As with a typical ...

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Get it right, people: It's not Daylight Savings Time

Come Sunday at 2 a.m., Daylight Saving Time clicks into place like, well, clockwork. You know the drill: Spring ahead — as in, shift your timepieces an hour forward before you turn in on Saturday night. Sure, you’ll wake up groggy on Sunday. Deal with it. BTW, clocks shift back to standard time on Nov. 5. Delight your friends with ...

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