Two major central banks moved Friday to pump up flagging global growth, sending stock markets soaring but raising new questions about the limitations of a seven-year effort to use monetary policy to address economic problems.
The European Union is planning a 21 billion-euro ($26 billion) fund to share the risks of new projects with private investors, two EU officials said.
US stock investors head into the Thanksgiving holiday thankful for the market's recent strength, which puts major indexes on track for another year of double-digit gains, though the swiftness of the advance has raised eyebrows.
FILE - In this Nov. 26, 2013 file photo, travelers walk under a sign reading "Happy Thanksgiving" at LaGuardia Airport in New York.
The unemployment rate in San Bernardino County remained at 7.7 percent in October, the same as it was the previous month, according to data released Nov. 21 by the California Employment Development Department.