Discretionary spending

FILE - In this Feb. 8, 2019, file photo, the logo for Citigroup appears above a trading post on the floor of the New York Stock Exchange. Citigroup’s fourth-quarter profits rose by 15% from a year earlier, as the bank benefited from a boost in trading similar to its competitor JPMorgan Chase. Citi said Tuesday, Jan. 14, 2020, that bond trading revenues were up 49% from a year earlier, when a steep downfall in the last quarter of 2018 took its toll on all banks’ trading desks. (AP Photo/Richard Drew, File)
January 14, 2020 - 8:07 am
NEW YORK (AP) — Citigroup's fourth-quarter profits rose by 15%, as the banking conglomerate benefited from a boost in trading similar to competitor JPMorgan Chase. The New York-based bank said Tuesday that it earned a profit of $4.98 billion, or $2.15 per share, compared with a profit of $4.3...
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Democratic Presidential candidate and former New York City Mayor Michael Bloomberg speaks during a rally Friday, Jan. 10, 2020, in Atlanta. (AP Photo/John Bazemore)
January 10, 2020 - 11:50 pm
WASHINGTON (AP) — Billionaires Michael Bloomberg and Tom Steyer are testing an unproven theory in the contest for the Democratic presidential nomination: that their vast personal wealth can buy the trophy. Not since Texas businessman Ross Perot spent $63.5 million in 1992 (more than $100 million in...
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FILE - In this Nov. 26, 2019, file photo Nick Bierman looks at televisions while shopping ahead of Black Friday at a Best Buy in Henderson, Nev. Holiday shopping doesn't end with Christmas. Bargain hunters can take advantage of fatter discounts on clothing, home decor and other items between Christmas and well into January. (AP Photo/John Locher, File)
December 24, 2019 - 10:07 am
NEW YORK (AP) — Holiday shopping doesn’t end with Christmas. Shoppers can take advantage of fatter discounts on clothing, home decor and other items between Christmas and well into January. In fact, a National Retail Federation survey of nearly 8,000 adults conducted Nov. 27 through Dec. 5 found...
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December 13, 2019 - 12:59 pm
ANNISTON, Ala. (AP) — Walmart shoppers in Alabama got a happy holiday surprise when donations paid off $70,000 in layaway purchases at two stores, the company said Friday. Someone paid off $45,000 in purchases at a store in the east Alabama city of Anniston on Monday, according to Casey Staheli, a...
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FILE - In this July 17, 2018, file photo Amazon Prime packages sit in a delivery truck before being unloaded in Miami. It’s just a week into the holiday shopping season, and Amazon is already having trouble getting packages to shoppers’ doorsteps on time. The company said the delays are due to bad weather in parts of the country and the large amount of orders it received during the Thanksgiving weekend, when it offered steep discounts. (AP Photo/Lynne Sladky, File)
December 06, 2019 - 2:31 pm
NEW YORK (AP) — Amazon said Friday that it's back to delivering its packages on time after bad weather and a rush of orders caused some delays earlier in the week. “We quickly re-balanced capacity and it’s all systems go now,” tweeted Amazon executive Dave Clark, who oversees Amazon's warehouse and...
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FILE - In this Jan. 1, 2019, file photo, an empty shopping cart sits outside a Sears store in the Streets of Southglenn mall in Littleton, Colo. Nine months out of bankruptcy, Sears is limping into the holiday shopping season. (AP Photo/David Zalubowski, File)
December 04, 2019 - 2:07 pm
NEW YORK (AP) — Nearly 10 months out of bankruptcy, Sears is limping into the holiday shopping season. Eddie Lampert, the hedge fund billionaire who promised to save 425 Sears and Kmart stores and roughly 45,000 jobs when he bought the company out of bankruptcy, has seen his $5.2 billion lifeline...
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FILE - This June 1, 2009, file photo, shows vehicles waiting to enter the U.S. through The Dennis DeConcini Port of Entry in downtown Nogales, Ariz. For months, the U.S. has barred asylum seekers from approaching official crossings to file a claim. Now, some are rushing the ports by running through vehicle lanes to evade the process used to officially request asylum. That is causing massive delays at crossings in Arizona as U.S. Customs and Border Protection officials have barricaded lanes used by cars to legally enter the U.S. (Mark Henle/The Arizona Republic via AP, File)
December 03, 2019 - 6:04 pm
PHOENIX (AP) — For months, asylum seekers have been prohibited from filing their claims at U.S. border crossings under a much-criticized Trump administration policy. Now some are sprinting down vehicle lanes or renting cars to try to make it inside the U.S. The migrants’ efforts are causing traffic...
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Dutch police secure a shopping street after a stabbing incident in the center of The Hague, Netherlands, Friday, Nov. 29, 2019. Dutch police say multiple people have been injured in a stabbing incident in The Hague's main shopping street. (AP Photo/Phil Nijhuis)
November 30, 2019 - 11:38 am
THE HAGUE, Netherlands (AP) — Dutch police arrested a 35-year-old homeless man Saturday on suspicion of stabbing three teens on a street in The Hague that was crowded with Black Friday shoppers. The man, whose identity wasn’t released, was detained in The Hague early Saturday evening and taken to a...
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People shop at Macy's department store during Black Friday shopping, Friday Nov. 29, 2019, in New York. Black Friday shoppers fought for parking spots and traveled cross-state to their favorite malls, kicking off a shortened shopping season that intensified the mad scramble between Thanksgiving and Christmas. (AP Photo/Bebeto Matthews)
November 29, 2019 - 4:03 pm
NEW YORK (AP) — Black Friday enthusiasts woke up before dawn and traveled cross-state to their favorite malls in search of hot deals, kicking off a shortened shopping season that intensified the scramble between Thanksgiving and Christmas. But the ever-growing popularity of online shopping and...
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A currency trader talks on the phone near the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Friday, Nov. 29, 2019. Shares extended losses in Asia on Friday after Japan and South Korea reported weak manufacturing data that suggest a worsening toll from trade tensions. (AP Photo/Lee Jin-man)
November 29, 2019 - 12:12 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 1 p.m. Stocks are ending an abbreviated session of trading with losses after sharp drops in oil and gas prices dragged down energy companies. Trading ended earlier than usual on Friday, which was a half day for...
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