A recent study by the for-profit website GOBankingRates.com found that just under 50 percent of Americans have no savings socked away. Worse yet, another 13 percent in the US have savings that total under $1000, and 9 percent have just a "minimum [savings] account" balance requirement. Minimum balance requirements vary, but GOBankingRates cites ranges of $500 - $1500. Read more.
Johnny Lorenzo Bolton was lying with his eyes closed on a couch in his apartment near the US city of Atlanta when police serving a narcotics search warrant burst through the... read more .