Dec. 6 (Bloomberg) -- Bloomberg's Julie Hyman reports on Sears to spin off Lands' End business. She speaks on Bloomberg Television's "In The Loop.
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.
WASHINGTON - A fourth straight month of solid hiring cut the U.S. unemployment rate in November to a five-year low of 7 percent. The gains in the job market could spur greater economic growth.
IN BITCOIN, FRAUD IS QUICKER THAN THE LAW | Pump-and-dump schemes are shut down in the financial markets all the time. But such frauds involving digital money like Bitcoin have gone unchecked, Nathaniel Popper reports in DealBook.
Investors are examining the data to determine when the Federal Reserve will scale back, or taper, its $85 billion per month stimulus program.