Personal Finance

• Your “advisor” is either a fiduciary (required to act in your best interest) or they are not The New York Times
• Half of middle-class adults in their 50s say they will work until they are at least 80 years old because they will not have enough saved for retirement USA Today

U.S. Economy

• The four week average for initial unemployment claims in the U.S. sank to the lowest level since May 2000 Calculated Risk
• Sales of existing home sales in the U.S. rose to the highest level since September 2013 Bloomberg
• Consumer prices only rose marginally in September The New York Times

Around the World

• Economic growth in the U.K. slowed down in the third quarter due to obstacles blocking recovery Bloomberg
• The European Central Bank’s two-part audit results are set to be released on October 26 The Washington Post