theGrio & CNBC - Our Money

10/16/09 - the Grio & CNBC Market Wrap Up

5:02 PM on 10/16/2009

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TheGrio and CNBC team up to deliver a weekly wrap up of money matters and market updates for our community.

CNBC's Shartia Brantley reports that government data is showing the pace of economic recovery may be slow, and home foreclosure filings are continuing to soar. The retail sales report showed a 1.5 percent decline in September. And the Social Security Administration announced there will be no cost of living adjustment for more than 50 million social security recipients in 2010.

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