Marketplace®

Daily business news and economic stories
Nov 18, 2013

Marketplace for Monday, November 18, 2013

The Dow Jones Industrial Average hit 16,000 today. The record-high means something to the trading and investing community, but how important is that mark to the rest of us? Also, Walmart has signaled that the ACA requirement that most Americans either carry insurance or pay a penalty could hurt sales. Plus, a Senate committee is trying to understand Bitcoin today. Will the rest of us have to understand the idea of a virtual currency some day? Right now Bitcoin functions mainly among early Bitcoin adopters – who have pushed the currency’s value to a record level.

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The Dow Jones Industrial Average hit 16,000 today. The record-high means something to the trading and investing community, but how important is that mark to the rest of us? Also, Walmart has signaled that the ACA requirement that most Americans either carry insurance or pay a penalty could hurt sales. Plus, a Senate committee is trying to understand Bitcoin today. Will the rest of us have to understand the idea of a virtual currency some day? Right now Bitcoin functions mainly among early Bitcoin adopters – who have pushed the currency’s value to a record level.

Marketplace for Monday, November 18, 2013