A Crossover That Doesn’t Stand Out
Jan31

A Crossover That Doesn’t Stand Out

As Mitsubishi retreats from U.S. shores, cresting at 2 percent market share in 2002 before dipping to less than one-half of 1 percent since 2009, it has cast the redesigned Outlander crossover to hook budget-minded buyers looking for good warranties and better fuel economy. But those traits don’t quite appeal to the larger appetites of the American car buyer, which is why the three-row Outlander crossover and its smaller but...

Read More

Stocks Soar to Finish A Tough Month

New York — Stocks soared on the last trading day of January, with Microsoft, Visa and other tech stocks making the biggest gains in a broad market rally Friday. Indexes rose throughout the day and finished with their biggest gains in about five months. Asian stocks jumped after the Bank of Japan moved to stimulate the economy, and European markets also rose. In the U.S., tech stocks climbed following strong quarterly results from...

Read More

U.S. Consumers Appear to Thrive as Companies Struggle

Call it a tale of two economies. Consumer spending grew last year by the most since 2005, in spite of a slight slackening in the fourth quarter. Nonresidential business investment, meanwhile, rose at its slowest pace since 2010 as oil and gas companies sharply curtailed spending. The key theme for the economy “is the stark contrast between the fortunes of the household and business sectors,” and how that plays out going forward, said...

Read More
Cheap Oil,  Good for Consumers, Hits  Stocks
Jan24

Cheap Oil, Good for Consumers, Hits Stocks

New York — Wall Street is drowning in oil. Stocks are having their worst start to a year in history in part because of a rapid plunge in the price of oil. The price of crude is down 28 percent this year already, which in turn has dragged down energy company shares in the Standard & Poor’s 500 index by 13 percent, which has helped pull the overall index down 9 percent. This even though low oil prices — and the cheap prices for...

Read More
Retailers Want  You to  Shop
Jan24

Retailers Want You to Shop

Have you thought of buying a new outfit, adding a little spark to your home, or treating yourself in some way? If so, store managers are hoping you don’t chicken out on that purchase. The stock market plunge this year is keeping them awake at night. They are afraid it will spook you and keep you out of stores just when they need you the most. After a demoralizing holiday shopping season, with even giants like Macy’s, Nordstrom and...

Read More

Our Newspaper Family Includes: