Discretionary spending

In this photo issued by 10 Downing Street on Sunday, May 10, 2020, Britain's Prime Minister Boris Johnson delivers an address on lifting the country's lockdown amid the coronavirus pandemic. Johnson announced a modest easing of the country’s coronavirus lockdown and outlined his government’s road map for further lifting restrictions in the coming months. In a televised address to the nation, Johnson said people in Britain who can’t work from home, such as those in construction or manufacturing jobs, “should be actively encouraged to go to work” this week. (Andrew Parsons/10 Downing Street via AP)
May 11, 2020 - 7:12 am
LONDON (AP) — The British government performed an about-face on masks Monday, telling people to cover their mouth and nose in shops, buses and subway trains. The change came as part of a plan to gradually lift a nationwide lockdown imposed seven weeks ago to slow the spread of the new coronavirus...
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A Thai shopkeeper checks a gold necklace after a customer sold the piece to the gold shop in Bangkok, Thailand, Thursday, April 16, 2020. With gold prices rising to a seven-year high, many Thais have been flocking to gold shops to trade in their necklaces, bracelets, rings and gold bars for cash, eager to earn profits during an economic downturn.(AP Photo/Sakchai Lalit)
April 16, 2020 - 2:15 am
Bangkok (AP) — With gold prices rising to a seven-year high, many Thais have been flocking to gold shops to trade in their necklaces, bracelets, rings and gold bars for cash, eager to reap profits during an economic downturn. In Thailand, where measures against the spread of COVID-19 have been less...
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Democratic presidential candidate Mike Bloomberg waves to supporters as he arrives to his campaign rally at the Palm Beach County Convention Center in West Palm Beach, Fla., Tuesday, March 3, 2020. (Matias J. Ocner/Miami Herald via AP)
March 04, 2020 - 11:20 am
NEW YORK (AP) — In just over 100 days, Michael Bloomberg spent over $500 million of his own fortune in a quixotic bid for the presidency that collapsed in stunning fashion on Super Tuesday, when he won just one U.S. territory, American Samoa. By Wednesday morning, he quit the race and endorsed...
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FILE- This May 3, 2017, file photo shows the Target logo on a store in Upper Saint Clair, Pa. Target reported strong fourth-quarter profits, though its sales were weighed down by weak toy and electronics sales during the crucial holiday shopping season. Target joins a string of other retailers, including Walmart, with disappointing sales during the shortest holiday shopping period since 2013. (AP Photo/Gene J. Puskar, File)
March 03, 2020 - 7:49 am
NEW YORK (AP) — Target Corp. offered a solid annual profit outlook on Tuesday and said that it hasn't seen anything related to the spreading new virus so far that would affect its financial targets. The outlook came as the discounter reported strong fourth-quarter profits, though its sales were...
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FILE - This June 25, 2019, file photo shows the entrance to a Walmart in Pittsburgh. Walmart is reporting disappointing fourth-quarter profits and sales. The nation's largest retailer says that sales at its U.S. stores heading into the holiday season were weaker than expected. It also said that social unrest in Chile hurt its business. (AP Photo/Gene J. Puskar, File)
February 18, 2020 - 11:57 am
NEW YORK (AP) — Walmart reported disappointing fourth-quarter profits and sales after a sluggish and shortened holiday shopping season. Violent social protests in Chile, where there are hundreds of Walmart stores, cut into international sales. Walmart also delivered a weak profit forecast for the...
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January 27, 2020 - 6:26 am
DETROIT (AP) — General Motors is spending $2.2 billion to refurbish an underused Detroit factory so it can build a series of electric and self-driving vehicles, eventually employing 2,000 people. GM said in a statement Monday that the factory will start building the company's first electric pickup...
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FILE- In this Nov. 23, 2018, file photo shoppers browse the aisles during a Black Friday sale at a Target store in Newport, Ky. Comparable stores sales at Target fell well below the previous year, joining a growing list of retailers reporting a meager performances during the critical holiday shopping season. Target said Wednesday, Jan. 15, 2020, that it had weaker-than-expected sales of electronics, toys and some home good. Those sales climbed 1.4% in the November-December period, compared with a 5.7% increase a year earlier. (AP Photo/John Minchillo, File)
January 15, 2020 - 10:06 am
Target reported a rare shortfall in holiday sales, raising concerns about the challenges ahead for the traditional retail industry even as the economy remains strong. Target's disappointing growth of 1.4% percent for November and December, dragged down by toys and electronics, fell well below the...
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January 14, 2020 - 5:48 am
NEW YORK (AP) — Citigroup says 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 it earned a profit of $4.98 billion, or $2.15 per share, compared with a profit of $4.3 billion, or $1...
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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 - 9:50 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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Democratic presidential candidate, former New York Mayor Michael Bloomberg, front back to camera, chats with Richmond mayor Levar Stoney, front left, under the watchful eye of the media at a coffee shop in Richmond, Va., Tuesday, Jan. 7, 2020. (AP Photo/Steve Helber)
January 07, 2020 - 11:03 am
RICHMOND, Va. (AP) — Democratic presidential hopeful Michael Bloomberg voiced strong support Tuesday for enacting new gun regulations in Virginia a few months after groups he backs spent millions of dollars helping Democrats win full control of state government. But the former New York City mayor...
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