WASHINGTON�The amount of debt U.S. consumers held on credit cards and other revolving accounts reached the highest level in more than three years in October, a sign that Americans were looking to spend heading into the holiday season.
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 (Reuters) - Stocks soared on Friday, with the Dow and the S&P 500 ending a five-day losing streak after a robust jobs report gave traders confidence that the economic recovery was gaining strength.
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.
The share of economists predicting the Federal Reserve will taper bond purchases this month doubled after a government report showed back-to-back monthly payroll gains of 200,000 or more for the first time in almost a year.