Americans boosted their borrowing in October, led by another big increase in auto and student loans and the biggest rise in credit card debt in five months.
Bitcoin, the virtual money former Federal Reserve Chairman Alan Greenspan called �a bubble,� was accepted as payment in the purchase of a Tesla Motors Inc. (TSLA) Model S electric car at a California Lamborghini dealership.
NEW YORK (AP) - Stocks are closing sharply higher after the US government reported a big increase in hiring last month. The Dow Jones industrial average jumped 198 points, or 1.3 percent, to 16,020 Friday.
The World Trade Organization agreed to the first major accord in the group's 18-year history, a pact designed to smooth commerce at borders and safeguard food security programs in developing nations.
A former Goldman Sachs trader was sentenced on Friday to nine months in prison for wire fraud by a judge who took sharp aim at both Goldman and the government, questioning why it took them so long to bring the misconduct to light.