Getty Images Consumer spending rose strongly in November in a good sign for the economy. The numbers: Americans increased spending in November at the fastest rate in four months, suggesting households still have plenty of buying power to keep the economy growing at a steady pace through the holiday shopping season. Consumer spending rose 0.4% […]
U.S. stocks just keep on climbing. The three major benchmark indexes all closed at fresh record highs on Thursday despite President Donald Trump’s historic impeachment and climbed higher still in early trading on Friday. The U.S.-China trade war truce and recent positive economic data have buoyed investors toward the end of the year. However, the […]
Ah, the inevitable challenge of finding the perfect holiday gift. Should you go the luxury route or keep it practical? Should you buy one present or many? Our advice: Buy a bottle. There are enough options in the world of all things alcoholic to find a gift to suit every sipper on your list. With […]
Lasagna is usually a crowd favorite, but Olive Garden’s fiscal second-quarter results disappointed after a failed “Lasagna Mia” promotion drove down same-restaurant sales. Olive Garden, which is the star of the Darden Restaurants Inc. DRI, +2.40% portfolio of restaurant brands, reported 1.5% same-restaurant sales growth, down from 2.2% in the first quarter. For fiscal […]
At the Democratic debate in Los Angeles Thursday, former Vice President Joe Biden responded to the criticism that he is too willing to work with Republicans in Congress, a position that puts him out of step with the progressive wing of his party. Biden has suggested to voters that when Trump is out of office, […]
According to a new Yahoo News/YouGov poll conducted after the House of Representatives voted Wednesday to impeach Donald Trump, majorities of registered voters agree that the president both abused his powers and obstructed Congress — the two offenses cited in the House’s articles of impeachment. Asked whether Trump abused his powers as president, 53 percent […]
WASHINGTON (AP) — Joe Biden is “healthy, vigorous” and “fit to successfully execute the duties of the Presidency,” according to a doctor’s report released Tuesday by the 77-year-old former vice president. Dr. Kevin O’Connor, who has been Biden’s primary care physician since 2009, writes in a three-page note that the Democratic presidential candidate is in […]
Getty Images The U.S. economy is getting more good news just in time for the holiday season. The numbers: The U.S. economy appeared to stabilize just before the holiday season after a late-summer swoon, according to an index that measures the nation’s health. The leading economic index was flat in November, breaking a string of […]
Investors don’t care about impeachment — and that is unlikely to change unless there is a shift in widely held expectations that President Donald Trump will remain in office. Trump late Wednesday became the third U.S. president in history to be impeached, as the Democratic-led House of Representatives approved abuse-of-power and obstruction-of-Congress charges against the […]
The headlines are all about President Donald Trump’s impeachment, but the stock markets don’t care. And unless investors begin to think a Republican-controlled Senate will vote to remove him, that attitude won’t change. With just eight trading days left to go in the year, it’s tough to get markets excited about much right now, whereas […]