Nightly Business Report — August 28, 2015

Tonight on Nightly Business Report, a wild week on Wall Street with massive stock swings and big gains and losses. In fact – all in – the Dow has traveled more than 10,000 points this week. The lessons learned from a crazy few days.

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People say they want to wait longer to claim Social Security, but life often gets in the way. A Nationwide Retirement Institute survey of Americans 50 years and older found that 83 percent of recent retirees started taking their benefits before their full retirement age, receiving 49 percent less in benefits than if they would …

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The volatility in the stock markets and rock-bottom rates in most categories of bonds have prompted more investors to turn to peer-to-peer lending platforms for higher yields. It’s easy to see the appeal. Since 2009, average net annual returns for investors who lent money through Lending Club and Prosper Marketplace, two of the largest peer-to-peer …

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Today’s hot stocks: MYL, PRGO, UAL, ATVI, AAPL, BA, GME & BIG.

David Paul Morris | Bloomberg | Getty Images
A real estate checks his mobile phone while waiting for potential home buyers in the Castro district of San Francisco.

Houses have been flying off the shelves for the past six months, but the sales pace is starting to slow, and could in fact decelerate more dramatically in some of the hottest markets come winter. Critically competitive markets like San Francisco, Denver, Seattle and Boston historically slow down the most in winter, and that could …

Source: J.C. Penney
A Sephora store inside a J.C. Penney

From the Internet superhighway to the luxury shopping streets, and from low-price drug stores to airport travel shops, it’s never been easier for consumers to snatch up beauty products on the go. But while such an array of choice is good news for shoppers, the outcome hasn’t been as positive for department stores, which used …

John Lund | Agency Collection | Getty Images

High-flying start-ups may well be able to weather a financial markets storm after raising monster sums of cash. However, the foundations, endowments and retirement funds that support them face a tougher slog. Limited partners (LPs) are the institutions that provide the money venture capital firms use to invest in start-ups. On paper, funds raised over …

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When it comes to “bill shock,” a surprise medical expense can be particularly damaging. Over the past two years, nearly one-third of privately insured Americans has received an unexpected medical bill where their health plan paid less than expected, according to a May survey from the Consumer Reports National Research Center. For many, it’s an …

Victor J. Blue | Bloomberg | Getty Images
Stanley Fischer, vice chairman of the U.S. Federal Reserve.

It’s still too early to tell if recent market turmoil has made a September rate hike more or less compelling, Federal Reserve Vice Chairman Stanley Fischer told CNBC on Friday. Investors are watching the Fed closely for signs of an impending tightening—as international and U.S. markets swung wildly this week, some questioned whether the conditions …

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Tonight: Economic momentum in the U.S. continues, but are there headwinds ahead?

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Tonight on Nightly Business Report, economic momentum in the U.S. continues, but are there headwinds ahead? And, the best car consumer reports has ever tested.

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Today’s hot stocks: SJM, SIG, CAT, AAPL & AMGN.

Source: Apple

It’s official—Apple will hold an event on Sept. 9. The tech giant on Thursday confirmed the date of the function, which was widely reported in recent weeks. Rumors have swirled about what products or developments Apple could unveil, and some reports suggest its could announce a next generation iPhone. Read More Apple puts big unveiling event …

Dick Luria | Getty Images

If you can stomach dealing with illness on a daily basis and are willing to spend about 10 years training to become an expert in it, you’ll be among the top U.S. earners. A new study from CareerCast.com shows that of the top 10 highest-paying jobs tracked by the online jobs marketplace, six are health …

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People understand the importance of saving for retirement, but their behavior often does not match their intentions. Some 35 percent said they were not increasing their saving because they did not want it to affect their current quality of life, according to a new survey on retirement readiness commissioned by Schwab Retirement Plan Services. And …