President Obama on Thursday announced the nomination of Jack Lew for Treasury Secretary. He comes with slightly less impressive credentials than his predecessor.
Headlines this week revealed a new nomination but an old hat at the Treasury, a new direction for an old-line grocer, and same-old, same-old at the ECB-- for now, anyway.
Morningstar markets editor Jeremy Glaser on the market's high earnings expectations, potholes for plugged-in cars, the Google-China conflict, and more.