U.S. economy posts 2.5 percent increase for third quarter, up from 1.3 percent in second. Biggest challenge for U.S. economy: jobs.
Lower interest rates for mortgages, other loans could help consumers. But Fed's move to lower interest rates hurts savers and may not buoy stocks.
Wall Street, after the worst week in years, heard one good piece of news. Friday's jobs report proved better than expected.
Gas prices rose 3.91 cents Thursday, and are expected to continue to rise through the holiday season.
Tax cuts for workers will show up by May or June – but will total only about $13 a week.