Airing on Wednesday, January 14, 2015: Falling gas prices are putting more money in people’s pockets, but retail sales were down in December, even after excluding cheap gas. Where is the money going, and how reliable are retail sales as an indicator for our changing economy? Plus, JPMorgan’s Jamie Dimon says banks are under assault, a reference to dealing with multiple regulators and the bank’s multibillion-dollar legal costs. We take a look at Dimon’s claim.
Airing on Wednesday, January 14, 2015: Falling gas prices are putting more money in people’s pockets, but retail sales were down in December, even after excluding cheap gas. Where is the money going, and how reliable are retail sales as an indicator for our changing economy? Plus, JPMorgan’s Jamie Dimon says banks are under assault, a reference to dealing with multiple regulators and the bank’s multibillion-dollar legal costs. We take a look at Dimon’s claim.
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