Orders for expensive, longer-lasting things went up briskly last month with durable goods up 2.2 percent. That’s a nice enough sign, but it might not be more than that. David Kelly, the chief global strategist with JP Morgan-Chase joined us to discuss.
Meanwhile, Facebook shelled out $2 billion in cash and stock for a company that makes a headset that lets users look around digital environments. The 20-month-old company, Oculus, is viewed as a potential leader in the virtual reality gaming industry. Some users though, report an issue with Rift that could impact its growth: motion sickness.
Plus: Where’s the beef? As a nation, we might really need to know that. For the first time in more than a century, Americans are eating more chicken than beef. Why is poultry taking flight?