Dow hits 29,000 for first time ever

The Dow Jones Industrial Average climbed above 29,000 for the first time despite the December jobs report falling short of expectations. All three of the major averages were trading in record territory.

Phoenix grapples with some of nation's fastest-rising rents

Now the fifth-largest city in the U.S., Phoenix has become a victim of its own success as Californians seek cheaper housing and snowbirds fleeing winter weather buy homes or rent apartments that sit empty during the scorching summers.