Economy

Consumer spending fell in September.

In contrast to US pensions, Dutch pensions work because employees pay the bulk of payments for themselves, not their employers, and when they get into trouble, they cut benefits and increase contributions to fix it. Still, the best solution for retirement is for the individual to save his own money.

Entrepreneurs turn scientific discoveries into valuable economic advancements.

I remember the IMF saying China's purchasing power had surpassed the US, not its GDP.

Dow drops 460 points.