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S&P 500 Hits Record High

In the wake of yesterday’s Congressional budget deal, investors speculated that the Federal Reserve will hold off on stimulus tapering for the time being, and they confidently entered the market, sending the S&P 500 to a new record high.

Houseflipping Moves Upmarket

Houseflipping, the practice of buying inexpensive foreclosed houses, quickly making repairs and selling them within six months, is slowing down.

Boeing Loses Big in Mexico

VivaAerobus, a low-cost Mexican carrier, has rejected bids from its current supplier, Boeing.

U.S. Government Shutdown Cost 0.6% in GDP, economists estimate

Standard & Poor’s economists estimate that the total costs of the shutdown will add up to $24 billion, or 0.6%, of estimated U.S. gross domestic product (GDP), compared to if the government had remained opened.