U.S. Economy

• Weekly jobless claims in the U.S. fell to the lowest level since February 2006 The Wall Street Journal
• The number of new homes sold fell by the most in nearly a year Reuters
• While existing home sales increased at the quickest pace since last fall USA Today

Wages

• Wage growth remains slow in most developed countries Reuters
• But economists contemplate the impact of a rapid rise in wages over the next year in the U.S. Yahoo! Finance!

Around the World

• Both China and Eurozone manufacturing data points to a strong start to the third quarter Fortune
• The International Monetary Fund cut its 2014 global forecast for economic growth after slowdowns in China and the U.S. during the first part of the year Bloomberg

Personal Finance

• IRA contributions for the 2013 tax year reached an all-time high, $4,150, as people of all ages are saving more for retirement USA Today
• U.S. teens scored average on personal finance knowledge as compared to the youths of 17 other countries Chicago Tribune