- 47% of recipients will save their refund cash.
- 44% will use some of the money to pay off debt.
- 28% will use the cash on spending, mostly on "necessities."
- Only 15% will use their tax refund money to buy "discretionary" items.
Charles Schwab, Edward Jones, E*Trade Financial, Fidelity Investments, Morgan Stanley, Scottrade and TD Ameritrade are being probed.
TD Ameritrade CEO Tim Hockey talks with TheStreet.
U.S. stock futures are slightly higher on Tuesday, following the collapse of healthcare overhaul in the U.S.