Business The New Economy

  • Social Security payments to increase 1.7 percent for retirees in 2015

    Social Security payments for 64 million retired American workers will increase 1.7 percent in 2015. That means the typical retiree will get an extra $22 per month, receiving a $1,328 average monthly Social Security payment and $15,936 annually.

  • Existing home sales for September surge to fastest pace of 2014 (+video)

    Existing home sales rose 2.4 percent to an annualized pace of 5.17 million in September, according to the National Association of Realtors. In a hopeful sign for the housing market, the existing home sales report showed families are stepping up purchases, while the share of investors is trending downward.

  • Is there a retirement savings crisis or not?

    Retirement income isn't adequate in 49 of 50 states, according to a recent survey, adding to a rash of conflicting information about how financially ready (or not) Americans are for their retirement years. So are we in the midst of a retirement crisis? Or is all the hand-wringing overblown? 

October 23, 2014

Photos of the day 10/23

Two raccoons look for food in a hollowed-out pumpkin in the zoo in Hanover, Germany.

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