U.S. Economy

• Home sales climb in December, but remain down for 2014. LA Times
• US foreclosures have dropped 69% from 2009 peak The Guardian
• U.S. factory activity has expanded at a lower rate this month as the new order subindex, though expanding, fell to the lowest level in a year Reuters

Oil

• How the oil price fall will affect crude exporting countries – and consumers The Guardian
• What now for oil after Saudi king’s death? CNN Money

Around the World

• The European Central Bank announced a 1.1 trillion euro ($1.3 trillion) quantitative easing program Bloomberg
• European stocks post biggest weekly advance since 2011 after ECB announcement Bloomberg
• Canadian inflation increased by only 1.5% (annualized) in December. The central bank cut rates The Wall Street Journal

Personal Finance

• What higher rates would mean for retirees Morningstar
• The impact working has on your social security in retirement USA Today