Children and unemployed parents
More than 2.3 million children live with at least one parent who has been unemployed for six months or longer. That’s three times more than in 2007. Experts say having an unemployed parent can affect children’s school performance and increase their risk of repeating a grade by 15 percent.
TheHill.com
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Happy bosses
Seventy percent of those who identify themselves as bosses say they are “very satisfied” with their current position, according to a new survey from the Pew Research Center, an assessment shared by just 48 percent of full- and part-time workers.
WSJ.com
Billions for Target hackers
Target’s security breach could be a windfall for the hackers who stole up to 110 million customers’ data last month. Experts say the going rate for stolen data is about $80 per card, so even if just 70 million accounts were breached, that would rack up more than $5 billion for identity thieves.
USA Today
Tallying up credit card complaints
Capital One was the subject of 21 percent of credit card complaints received by the Consumer Financial Protection Bureau between 2011 and 2013. Citibank was the next most frequent target, with 18 percent of complaints, while Bank of America and Chase tied for third at 13 percent each.
CNN.com
Apple to refund customers
Apple will refund $32.5 million to customers after settling a case with the Federal Trade Commission, which blasted the company’s parental controls and billing policies for allowing children to rack up huge bills through in-app purchases.
BusinessInsider.com
