Photo. William C. Dudley, president of the New York Fed, testified at a Senate Banking subcommittee hearing in Washington on Friday.
With 66 percent of consumers planning to shop on Black Friday, WalletHub conducted an analysis of the year's best and worse retailers for Black Friday.
The US unemployment rates declined in 34 states, i.e. two-thirds of the total American states, in the month of October. The jobless rate last month clearly indicated that the steady hiring going on this year has been broadly dispersed in most parts of the country.
Italy's government bonds advanced for a second week, pushing the 10-year yield down to a record, amid speculation the European Central Bank will broaden its asset purchases to buy sovereign debt.
U.S. stocks capped a week that already had several record highs by delivering a couple more. The Dow Jones industrial average and Standard & Poor's 500 index carved out all-time highs Friday, extending the market's gains for the week.