Consumer borrowing rose in October by the most in five months as credit-card use picked up and Americans took out more loans for car purchases and education.
Traders on the floor of the New York Stock Exchange observe a moment of silence for the death of Nelson Mandela before the opening bell Friday.
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.
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 share of economists predicting the Federal Reserve will reduce bond buying in December doubled after a government report showed back-to-back monthly payroll gains of 200,000 or more for the first time in almost a year.