Economy

Microsoft continues to lose money on every surface tablet it sells.

Economic growth was basically flat in Q1, and the Fed cut its bond purchases to $45 billion a month, but the Dow set a new record anyway.

"The Fed said it would reduce its monthly bond purchases by another $10 billion to $45 billion. The stimulus is intended to hold down long-term interest rates and support the mortgage market. The Fed also reaffirmed its plan to keep short-term interest rates low to support the economy "for a considerable time" after its bond purchases end, likely late this year."

Talk about a disconnect from reality.

China will surpass the US as the world's biggest economy this year unless it experiences a gigantic bust that's in the making.