A government investigation into the health-care law rollout has discovered new email exchanges that show the Obama administration was aware the federal SHOP exchange for small business insurance needed to be delayed as early as August.
This isn't a surprise. The retailer already told investors this move was likely in October. Investors seemed to like the news.
Ty Wright/Bloomberg. Shoppers at the Easton Towne Center in Columbus, Ohio. Consumer spending in the U.S. rose more than forecast in October, a sign the biggest part of the economy is gaining momentum from a firming employment.
The Internet has paid a lot of attention today to this National Bureau of Economic Research working paper called "Buffett's Alpha,"1 whose principal conclusions are: 1. You could build a robot that replicates Warren Buffett's stock-picking performance.
The dollar rallied against the yen on Friday after stronger-than-expected U.S. jobs data stoked expectations the Federal Reserve may start reducing bond buying sooner than expected.