Business The New Economy

  • 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? 

  • Retail sales stumble in September. A bad sign for the holidays? (+video)

    Retail sales fell 0.3 percent in September, stoking worries about the strength of the economy in the early run-up to the ever-important holiday shopping season. The disappointing retail sales report once again raised questions about American consumers' spending power in the face of stagnant wage growth. 

  • Higher chocolate prices? Why Ebola is to blame (+video)

    The three countries that produce almost 60 percent of the world’s cocoa production are neighbors to Ebola-stricken Liberia and Guinea. That could mean less chocolate and higher prices. 

October 30, 2014

Photos of the day 10/30

Hindu devotees pray while standing in the Arabian Sea as they worship the Sun god Surya during the Hindu religious festival 'Chatt Puja' in Mumbai, India. Hindu women fast for the whole day for the betterment of their family and the society during the festival.

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