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    CNN Money: Top business headlines for May 13

    5:51 AM, May 13, 2013   |    comments
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    NEW YORK (CNN) -- CNN Money's Stacey Delikat has your top business and financial news on this Monday, May 13.

    Stamp prices could rise again
    The U.S. Postal Service board will look into hiking postage prices on all types of mail, as losses continue to plague the agency, the chief of the board said Friday. Mickey Barnett said the board has directed the service to "evaluate price increases," even though "as a board we are loathe to pursue this approach." Postal officials worry that higher prices will chase customers away.

    Unlike Boomers, Millennials appear to be super savers
    When Keith Farner was 14, he made $2,000 at a summer job. Instead of buying the Xbox he'd been wanting, his parents helped him open a Roth IRA. The 30-year-old, who lives in Athens, Ga., now has more than $30,000 saved. While Farner may have gotten an earlier start on retirement than most, a new study out Monday from Merrill Edge shows that Gen Y, defined by the study as those 18-34, is starting to save for retirement earlier than any other generation. Many are investing by age 22, compared with Baby Boomers who started on average at age 35.

    Some fliers admit leaving devices on in flight
    Do you really turn off your smartphone, tablet or computer before takeoff and landing? Despite flight attendants telling passengers to power off, some people admit they don't always shut down their devices. Nearly one-third of passengers say they have accidentally forgotten to turn off their smartphones and other electronic devices in flight, according to this week's joint study by the Airline Passenger Experience Association and Consumer Electronics Association.

    Barbie opens doors to her South Florida home
    Days of Malibu living are long gone for Barbie. The iconic doll has moved to South Florida and is inviting people to step into her life-size dream house, the first one now open worldwide. Barbie The Dreamhouse Experience, a 10,000-square-foot building with an "endless closet," elevators, a kitchen, bedroom, and everything pink, opened this week at Sawgrass Mills mall in Sunrise.

     

     

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