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Federal Regulators Crack Down On Payday Advances

Consumer advocates are hailing a decision by federal regulators to crack down on so called deposit advances — a type of payday loan offered by some banks. Going forward, banks will not be allowed to let their customers take deposit advances more than once a month, or take them in consecutive months.

California Will Not Extend Canceled Health Policies

California has rejected President Obama's offer to extend canceled health insurance policies. The board that oversees the state's health insurance marketplace voted unanimously Thursday to let canceled policies expire. The board said it didn't want to confuse consumers and disrupt the state's surge in enrollment.

A Bitcoin Insider On Crime, Congress And Satoshi Nakamoto

"This little baby — what my wife used to call my 'pretend money project' — is really going mainstream," says the chief scientist at the Bitcoin Foundation.

Prepare For Cabin Noise: FCC May End Ban On Phones During Flights

The Federal Communications Commission is proposing a change to allow travelers to make phone calls as they fly on jetliners in the U.S. The agency's new chairman, Tom Wheeler, calls the current ban on the use of cellphones during flights "outdated and restrictive."

Dow Jones Index Closes Above 16,000 For First Time

After gaining 109 points Thursday, the Dow Jones industrial average closed above 16,000 for the first time in history. The index touched the mark earlier this week but fell short by day's end.

Yellen's Nomination To Fed Gets OK From Senate Committee

If confirmed by the full Senate in December, Janet Yellen would become the first woman to lead the central bank. She's currently the Fed's vice chairman. Analysts do not expect major policy shifts after the departure of current Chairman Ben Bernanke.

Saudi Arabia's Global Arms Shopping Spree

The Saudis accounted for a quarter of all sales by Germany. It's part of an emerging pattern of weapons purchases by Saudi Arabia and its neighbor United Arab Emirates. Both countries are major customers of the U.S., the world's No. 1 arms seller.
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Friday News Roundup - Domestic

President Barack Obama meets with insurance executives on fixing cancelled policies. Senate Republicans block the president's third judicial nominee in three weeks. And America marks the 50th anniversary of President John F. Kennedy's assassination. A panel of journalists joins Diane for analysis of the week's top national news stories.


Jobless Claims And Wholesale Prices Drop

Fresh data signal that the labor market is at least holding steady and that inflation remains in check. In other major economic news Thursday, Janet Yellen's nomination to head the Federal Reserve is expected to be OK'd by the Senate Banking Committee.

2014 Greece Budget To Contain No Austerity Measures

Greece is set to submit a 2014 budget to parliament on Thursday, and it does not include the new wage cuts and tax hikes requested by the European Union and the International Monetary Fund. Those institutions lent Greece billions in bailout loans and are demanding austerity.