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MarketWatch for Friday, February 28, 2014

If you're keeping on top of the stock markets this morning, Friday, February 28, 2014...
If you're keeping on top of the stock markets this morning,  Friday, February 28, 2014...


The Nikkei is down 82 points today in Tokyo.
On Wall Street, the Dow was up 74 points Thursday.
And the Nasdaq ended up 27.


Federal Reserve chair Janet Yellen says recent economic figures have pointed to weaker consumer spending than had been expected. She says the Fed will be watching to see whether the slowdown  is temporary and might end when the weather improves.

Mortgages rates are inching up. The average rate on fixed mortgages rose for the third straight week. Mortgage buyer Freddie Mac says the average rate for the 30-year loan increased to 4.37percent from 4.33 percent.  Rates are still near historic lows and economists expect a strong spring home-buying season.

The Federal Trade Commission released its ranking of consumer complaints.
At the top of the list, identity theft.
American consumers reported losing over $1.6 billion dollars to fraud overall in 2013.
The highest reported age group for idenity theft is 20-to-29 years-old.
Other top complaints: Debt collection, banks and lenders and imposter scams.

Career Builder conducted a survey that found a majority of workers, age 60 and older are putting off retirement...The reasons...79-percent say they can't afford to leave their jobs just yet. About 49-percent say they enjoy their jobs and the work that they do.


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