The FAA is preparing to release its first set of rules governing how everyone from hobbyists to movie producers to ranchers can use drones.
The Dow industrials and S&P 500 ended at record levels Wednesday in a quiet, preholiday trading session. The Dow Jones Industrial Average rose 12.81 points, or 0.1%, to 17827.75.
The number of Americans filing new claims for unemployment benefits rose to the highest level since September, while durable goods order for October unexpectedly rose.
A flurry of economic reports Wednesday herald a solid holiday shopping season, with Americans' incomes rising modestly and plunging gasoline prices brightening their moods and providing extra spending money.
4 Oct. durable goods orders rose 0.4% vs. views for a 0.5% slip, thanks to a 45% jump in defense aircraft orders. But orders ex transports unexpectedly fell 0.9%.