Democrats and Republicans are headed into the holidays while facing an impeachment impasse. House Speaker Nancy Pelosi (D-Calif.) reiterated Monday she can’t select impeachment managers until she knows “what sort of trial the Senate will conduct,” while Senate Majority Leader Mitch McConnell (R-Ky.) called her position “absurd,” The Washington Post reports. After the House of […]
Economists say that 2020 will be a positive — though not exactly stellar — year for the housing market. And that could be good news for renters and home buyers alike. But that’s assuming experts’ forecasts are right. “If interest rates go up 100 basis points, we’ll be off,” Doug Duncan, chief economist at Fannie […]
Stocks climbed toward fresh records on Monday as investors focused on a report that China will cut import tariffs for frozen pork, pharmaceuticals and some high-tech components starting from Jan. 1. Investors were also eyeing developments at Boeing, after the Dow component announced that president CEO Dennis Muilenburg has resigned amid a controversy surrounding its […]
Getty Images Refrigerators on display at a Best Buy store. The numbers: Orders for durable goods sank 2% in November, the U.S. government said Monday. This is the biggest decline since May. Economists had expected a strong 1% rebound in durable-goods orders in November as a result of the end of the General Motors GM, […]
As the year and the decade come to a close, China can look back at extraordinary achievements and alarming warning signs. This seeming contradiction is part of what makes the country so fascinating to watch, and so frustrating for outside investors and entrepreneurs. On the one hand, China’s per capita GDP finally topped $10,000 this […]
The numbers: Sales of newly-constructed homes in the U.S. increased 1.3% on a monthly basis in November to a seasonally-adjusted annual rate of 719,000, the government reported Monday. While the November sales volume represented a monthly increase, that’s only because the data for October were revised. Previously, the government had said that new-home sales occurred […]
iStockphoto A black cat: good luck for 2020? Is the pivot into value stocks for real this time? That has been one of the biggest questions facing investors over the last three months of 2019. As the economic outlook deteriorated, then brightened again, it seemed like the right time to take chances on stocks considered […]
Retired Navy SEAL Eddie Gallagher, who kept his Trident pin after President Trump intervened in his war crimes case, met with the commander in chief ahead of the Christmas holiday to “thank” him with a “little gift” from his service in Iraq. “Finally got to thank the President and his amazing wife by giving them […]
Jose, a migrant from Honduras, with his son at a shelter in Reynosa, Mexico on Dec. 4, 2019. (Ilana Panich-Linsman/The New York Times) REYNOSA, Mexico — He remembers being on his knees, gagged and blinded with duct tape, his hands tied behind his back. One of his captors struck his left thigh with a bat […]
Gaston County Jail A North Carolina man has been charged with using Visine eye drops to kill his wife of eight years. Joshua Lee Hunsucker, 35, was arrested and booked late last week, charged with the first-degree murder of Stacy Robinson in September 2018. His bail has been set at $1.5 million. North Carolina’s Department […]