1. Columbus Day became a U.S. holiday in 1971. It is generally observed by banks, state government offices, the Postal Service and federal agencies. The bond markets are closed for the holiday, but many businesses and stock exchanges remain open.
4. The relatively stable global outlook must continue if 2014 is to be the kind of economic year Americans have been hoping for throughout the recovery.
5. The president lashed out at the UN on Sunday for voicing human rights concerns over his war on drugs, saying the Philippines might leave the organisation and form a new body with China and African nations.