Falling oil prices spark investor fears for economy
The Dow slid 367 points to 17,129 as oil dropped below 35 dollars a barrel, hitting six year lows and raising concern on demand and a broader global slowdown. Gas prices fell to 2.00 a gallon, the energy sector shed jobs, and Texas energy payrolls plunged, underscoring uneven effects of cheaper crude.
MENTIONED IN THIS ARTICLE
Dow
Peter Morici
University of Maryland
U.S
Morici
Texas
Karr Ingham
Texas Alliance of Energy Producers
Houston
Oil price slides to 34.73 per barrel
Oil markets slump with crude dropping to 34.73 dollars a barrel, a level last seen in February 2009. The report notes ongoing percentage changes since earlier declines and outlines market implications for producers and investors.
Obama signs spending bill averts year-end budget clash
President Obama signed a tax and spending package into law on Friday, averting a year end budget showdown and closing legislative business for the year. Lawmakers viewed the bill as an imperfect but acceptable compromise.
MENTIONED IN THIS ARTICLE
Obama
USA TODAY Edition Preview for Local Newspapers
An introductory note describes USA TODAY as an expanded national paper available in local editions and at newsstands. It directs readers to subscribe or visit usatoday.com for the latest national sports coverage and updates.
MENTIONED IN THIS ARTICLE
USA Today
Usatoday.com
Sanders Campaign Alleges DNC Undermined Bid Over Data Access
Sanders campaign filed a federal suit after DNC suspended access to its voter data base citing four Sanders staffers accessing Clinton data. Weaver says the move fits a “pattern of conduct” to aid Clinton as debates loom and vows further action if access isn’t restored.
MENTIONED IN THIS ARTICLE
Ernie Sanders
Democratic National Committee
Vermont
White House
Sanders
DNC
Hillary Clinton
Josh Uretsky
Jeff Weaver
Weaver
Clinton
Bernie Sanders
Brian Fallon
Sanders Campaign
Maryland
Martin O’malley
Super Saturday boosts shoppers with deals and late hours
Retailers count on last minute buyers as Star Wars The Force Awakens fuels demand. Kohl s stays open 24 7 till Christmas Eve 6 p m. Toys R Us extends hours 6 a m to 2 a m. Target offers same day pickup till 6 p m Christmas Eve. Sears app lets curbside pickup. Online sales rise but store traffic lags amid warm winter conditions and heavy giveaways. Walmart highlights vast Star Wars stock to attract customers.
MENTIONED IN THIS ARTICLE
Dustry
ShopperTrak
Kohl’s
Toys R Us
Target
Sears
Walmart
Jaeme Laczkowski
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Revork Djansezian
GETTY
IMAC
New York
AAA
USA Today Sports
USA
Pew Research Center
Terry and
Paul Trap
CDA
Debbie Wasserman Schultz
Contributing
Kim Hjelmgaard
Jaci
SRUE
Macy’s
Ken
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