Friday's decent but unspectacular jobs report didn't answer the question of whether the Fed is about to raise interest rates. But even if the Fed finally takes the plunge, it will do so very gradually.
The longtime head of outdoor outfitter L.L. Bean has died. Leon Gorman was president of the company for 34 years. The grandson of L.L. Bean himself, Gorman grew the company from a struggling mail order outfit that catered to sportsmen to a $1.6 billion business.