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Consumers who sign credit card agreements that feature an arbitration clause cannot dispute fees or charges in court, the Supreme Court ruled Tuesday. The 8-to-1 ruling is drawing fire from consumer advocates.

The 2008 financial crisis made it clear: Americans save too little, spend too much and borrow excessively, says Princeton professor Sheldon Garon.

The 2008 financial crisis made it clear: Americans save too little, spend too much and borrow excessively, says Princeton professor Sheldon Garon. In Western Europe and East Asia, governments aggressively encourage people to save through special savings institutions and savings campaigns.

As Black Friday encroaches more and more on Thanksgiving Day, can we continue to balance our two great traditions of gobbling turkey and engaging in wild acts of consumerism?

America hasn't stopped borrowing, one economist says; it has just vowed to borrow less dramatically. "It certainly doesn't mean we've cut up our credit card," she says.

The State's top court today overturned a decision that let stores ask their customers for ZIP Codes.

A Wall Street Journal article revealed that applications on the site were sharing personal information with outside companies. But the model of using a short-term pleasure to entice a user to give up information is all over the Web.

Many families are living with what one researcher calls "financial fragility." That is they're just one job loss — or even one car breakdown — away from tumbling into real financial trouble.

New claims for unemployment benefits fell to their lowest level since the start of the year, but retail sales in September were down from 2008, indicating that consumers are reluctant to spend the economy out of recession.

The financial giant reported losing nearly $10 billion during the last three months of 2007, much of it due to the subprime mortgage crisis. A rise in defaults on consumer loans and credit cards raised concerns about slowness in the economy.