A Florida man bought a Tesla Model S from a Lamborghini dealeship in Newport Beach, Calif., this week using Bitcoin. NEW YORK (CNNMoney).
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.
Stocks on Wall Street closed higher on Friday after a stronger-than-expected payrolls report gave traders confidence that the economy could be healthy enough to withstand a scaling back of the Federal Reserve's stimulus.
A former Goldman Sachs vice president and trader, was on Friday sentenced to nine months in prison by a federal judge in Manhattan for trying to cover up an $8.3 billion trade.
Struggling Sears Holdings Corp. said Friday it will spin off its Lands' End clothing business, adding to the list of units it has been getting rid of to raise cash.