1. Yellen says economic expansion gaining steam
Federal Reserve Chairwoman Janet Yellen told a congressional committee on Wednesday that the U.S. economic expansion had broadened and strengthened, boosting expectations that the Fed will raise interest rates at its December meeting. Yellen told the Joint Economic Committee that the growth should continue. "Economic growth appears to have stepped up from its subdued pace early in the year," she said. "Moreover, the economic expansion is increasingly broad, based across sectors as well as across much of the global economy." Jerome Powell, President Trump's pick to succeed Yellen when her term ends in February, also said in his confirmation hearing this week that he expected the year's third interest-rate hike in December as the central bank eases back on policies it used to help lift the economy after the 2008 financial crisis.
2. Snap unveils a major Snapchat redesign
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3. Judge scolds Uber for withholding information in trade secrets case
4. Retail group says holiday spending off to 'robust' start
5. Dow takes a shot at 24,000 mark
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