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Consumer Spending is Down, But Why?

Today, Bloomberg News reported consumer spending to be lower than forecasted for October, despite a gain in hiring during September. If more Americans suddenly have

JP Morgan Hack Affects 83 Million Clients

Hackers gained access to JP Morgan’s computer servers sometime in June and remained entrenched in the company’s computers until mid-August. The hackers, who were believed

Working Longer is Not a Retirement Plan

According to new figures published in the Northwestern Mutual 2014 Planning and Progress Study, 13% of working adults believe they will never be able to

Jobless Claims Reach Two-Month High

Weekly initial jobless claims (which reflects weekly firings) for the week of September 6 reached 315,00, surpassing the Bloomberg projected estimation of 300,000. This is

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