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