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Top Consumer Stories

Old and reliable: Average US vehicle is now 11.5 years old

The average vehicle in the U.S. is now a record 11.5 years old, according to consulting firm IHS Automotive, a sign of the increased reliability of today's vehicles and the lingering impact of the sharp drop in new car sales during the recession.

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SXC

CEO shares $27 million with staff after selling his firm

This is what profit sharing should look like.

The CEO and co-founder of Turkish food delivery company Yemeksepeti has paid out $27 million to 114 employees after selling the firm for $589 million.

Nevzat Aydin said his employees deserved to benefit…

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Beer industry having big impact on Michigan

A new economic study highlights how the U.S. beer industry from brewers and beer importers to beer distributors to retailers generates nearly $253 billion in economic activity, produces $48.5 billion in tax revenue and supports 1.75 million jobs. 

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Some U.S. senators want to start oil war with Iran

As Secretary of State John Kerry tried to sell the Iran nuclear deal to Congress Tuesday, some U.S. senators were ready to start an oil war with Iran.

Republican Senator Lisa Murkowski is sponsoring a bill to lift the ban on exporting American crude…

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CNN

Equal pay advocates: 'Clock out' for black women

An Atlanta-based advocacy group has dubbed Tuesday "Black Women's Equal Pay Day" and the idea has quickly gained traction on Twitter and Facebook.

Atlanta Women for Equality wanted workers across the nation to virtually "clock out" at 2:07 p.m.

Why 2…

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CNN

China has a major asset bubble problem

Buy property! No, wait -- buy stocks! OK, back to property!

China has a problem: Its citizens are among the best savers in the world, but they don't have enough places to stick their money -- a reality that's contributing to the formation of asset…

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Oil prices have plunged nearly 20% this month

The world still has too much oil.

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Newspaper newsrooms suffer biggest cuts since 2007-2008

A report released Tuesday brought more grim news for the already beleaguered newspaper business.

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Chuck II's are selling fast

The classic Converse sneaker known for its vintage look just got a big update in the comfort department.

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Personal Finance

Parents spending more on college

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According to the annual How America Pays For College report by Sallie Mae, parents spent 16 percent more on college this year than the previous year.

How to save money on hotels

If you're looking to save money on lodging during your next trip try the old-fashioned way ... pick up the phone and call.

How to save for your child’s college education

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Here are three ways you can start saving for college.

How expensive is college?

We all know college is expensive, but are you aware of just how expensive it is? Find out here.

How to afford college

With college tuition prices increasing, how are you going to afford to pay for tuition, fees and room and board? Check out some creative ways to afford college.