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...
Beware of the Online Holiday Shopping Scam
With more people buying gifts online over the holidays, the potential for fraud is high. “Scammers know people are looking for good deals and trying to fulfill their holiday wish lists, often without a lot of time,” said Michael Kaiser, executive director of the National Cyber Security Alliance. A lot is at stake. On Cyber Monday alone — the Monday after Thanksgiving when retailers tend to run big promotions on the Web — as many as...
S&P Ends Up 8.3% For the Month
New York — U.S. stocks faded late in October’s final session, paring the strongest monthly gain since 2011 as financial and consumer staples shares retreated. The S&P 500 declined 0.5 percent to 2079.36, with the gauge up 8.3 percent for the month. Stocks are also extended to five their longest streak of weekly advances this year. The Dow Jones industrial average closed at 17,663.54, up 16.84 for the week. “Recent Fed comments...
Stocks Post Third Week of Gains
U.S. stocks closed modestly higher Friday, giving the market its third straight week of gains. Consumer staples and health care stocks were among the biggest risers as investors assessed the latest company earnings and economic news. After several weeks speculating about the implications of a slowdown in China and the timing of an interest rate increase by the Federal Reserve, traders are squarely tuned into company earnings as they...
Gold Drops to 1-Month Low
Gold fell to a one-month low and trading volume declined as investors held off on making big moves before Federal Reserve policymakers meet this week. Gold is headed for a third straight annual loss as steady growth for U.S. jobs and the economy strengthened the dollar and bolstered the case for the Fed to raise interest rates for the first time since 2006. Futures trading was about 22 percent below the 100-day average on Friday, data...
