(Reuters) -: Pimco's Mohamed El-Erian on Friday said fourth-quarter GDP is falling off a cliff, in an interview on CNBC. Highlights:
* says this is a crisis of the system, not within the system -- CNBC
* says we're witnessing a basic redefinition of longterm market landscape -- CNBC
WASHINGTON (Reuters) - Consumer spending rose for a second straight month in November as incomes recorded their biggest gain in six months, data showed on Wednesday, boosting hopes of a self-sustaining economic recovery.
Data security breaches are nasty business and should be avoided at all costs, writes Kevin Prince, a chief technology officer at Perimeter e-Security. Here's a look at the biggest breaches and blunders of 2009. Commentary
Bad news for safety-oriented investors: the AAA debt market is shrinking, and what's left will leave many with less diversification and lower returns than they're used to, writes columnist Agnes Crane. Commentary
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