IE 11 is not supported. For an optimal experience visit our site on another browser.

Business Latest: College or retirement?

The top reason parents aren’t saving more for education: They don’t have enough money.
Graduating students attend New York University's commencement ceremony, May 16, 2012 in New York, N.Y.
Graduating students attend New York University's commencement ceremony, May 16, 2012 in New York, N.Y.

COLLEGE OR RETIREMENT? AMERICANS ARE TORN: Parents with children under age 18 place a slightly higher priority on retirement savings over college savings, and have saved a lot more for retirement than for their kids’ college education. The top reason they aren’t saving more for education: They don’t have enough money. Read more

WALMART LOOKS TO BOOST GROCERY: Wal-Mart will provide shoppers with organic food options at the same price as its nationally branded non-organic items, as it looks to boost slumping grocery sales. Read more

RICH WANT TO PAY TAXES: Conventional wisdom says that the rich hate paying taxes. And the vast majority say they pay too much. But a new study shows that the richer you are, the more likely you are to support paying higher tax rates. A study from Spectrem Group,a non-partisan wealth research firm, asked investors what percentage of gross income they feel they should be paying in taxes. Read more