According to the New York Times, “A cyber attack this summer on JPMorgan Chase compromised the accounts of 76 million households and seven million small businesses, a tally that dwarfs previous estimates by the bank and puts the intrusion among the largest ever.”

We are beginning to see the ramifications of the recent resignation of Pimco CEO Bill Gross.

WealthManagement.com reports investment company Pimco is distancing itself from its “founder-led model and the $2 trillion asset manager's flagship fund.” Instead, they are expanding into “other asset classes and other geographies.”

In a recent Wall Street Journal post, financial planner George Papadopoulos discusses ways people misjudge insurance costs.