U.S. Economy

• The current U.S. economic expansion is the 7th longest since at least 1854 Valeo Financial Advisors
• The U.S. economy grew by an annualized 4.1% during the third quarter, the most in nearly two years. The Wall Street Journal
• Housing starts in November were the strongest since February 2008 USA Today

The U.S. Federal Reserve

• The United States Federal Reserve announced that it would begin to reduce the amount of bonds it buys each month from $85 billion to $75 billion Bloomberg
• The Senate advanced the nomination of Janet Yellen as the next chair of the Federal Reserve. The Senate will have a final vote on her nomination January 6 CBS

Miscellaneous

• China lands a rover on the moon National Geographic