This Christmas, whether you celebrate the arrival of Santa Claus, the birth of Jesus Christ or the chance to eat Chinese food and see any movie you want, spare a thought for Pope Liberius. He’s the man responsible for setting its date as Dec. 25.
U.S. Representative Thad McCotter resigned July 6 over faked signatures that pushed the five-term Michigan Republican off the ballot, leaving in doubt a seat his party thought secure for years to come.
U.S. stocks fell, halting a three-day gain, and commodities trimmed an early advance as a contraction in American manufacturing and concern about the budget debate overshadowed optimism on China’s economy. Treasuries and the dollar fell.
U.S. stocks rose, erasing losses since Election Day for the Dow Jones Industrial Average, after German investor confidence climbed and traders awaited progress on federal budget negotiations in Washington.
U.S. stocks erased gains as optimism about Federal Reserve plans to buy more bonds faded, with investor focus returning to the budget deadlock in Washington. The dollar pared losses; Treasury yields remained higher.
You’ve got to hand it to Lucy van Pelt. She called it as she saw it. “Look, Charlie, let’s face it,” she barked in “A Charlie Brown Christmas.” “We all know that Christmas is a big commercial racket. It’s run by a big eastern syndicate, you know.”
U.S. airlines led by United Continental Holdings Inc. may pocket $1.3 billion in higher fares tied to the Federal Aviation Administration’s partial shutdown as Congress deadlocks on the agency’s funding.