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.
Stocks rose sharply in afternoon trading after a fourth straight month of solid U.S. job gains, the latest encouraging sign for the economy.
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.
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.
Jon Mitchell, the mayor of New Bedford, Mass., near the old Hathaway mill. Dominick Reuter for The Wall Street Journal. NEW BEDFORD, Mass.