National News

S&P 500 crests at highest-ever level as stocks drift higher

S&P 500 crests at highest-ever level as stocks drift higher

New York, N.Y. (AP) Stock indexes are drifting mostly higher on Wall Street Tuesday, placing the S&P 500 once again on track to eclipse its record closing high after falling short of doing so in recent days. The benchmark index was up 0.3% in afternoon trading, above its all-time closing high, which was set in…

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Dems Put Divides Aside, Rally Behind Biden at Convention

Dems Put Divides Aside, Rally Behind Biden at Convention

NEW YORK (AP) — Michelle Obama delivered a passionate condemnation of President Donald Trump as the Democrats opened their national convention. And for the two-hour, made-for-TV program Monday night, presidential nominee Joe Biden showed off the breadth of his political coalition to a nation in crisis. Biden’s convention gave voice to victims of the coronavirus…

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Pelosi calls House back into session to vote on Postal bill

Pelosi calls House back into session to vote on Postal bill

WASHINGTON (AP) — Democratic Speaker Nancy Pelosi is calling the House back into session this week to vote on a bill prohibiting the U.S. Postal Service from changing its operations or level of service. Her decision comes amid growing concerns that the Trump White House is trying to undermine the agency during the coronavirus pandemic…

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Democrats Open a New Kind of Convention

Democrats Open a New Kind of Convention

ATLANTA (AP) — The Democratic Party will convene, sort of, amid a pandemic that has upended the usual pomp-and-circumstance of presidential nominating conventions. Monday’s session will be the first night of four when Democrats meet online and broadcast to voters two hours of live and pre-taped programming. Monday will test the reach of presumptive nominee…

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US retail sales rise for 3rd month but slowdown expected

US retail sales rise for 3rd month but slowdown expected

WASHINGTON (AP) — Americans increased their retail purchases by 1.2% in July, with solid gains in appliances and clothing, restoring sales to their level before the viral pandemic erupted in March. Sales at retail stores and restaurants have now risen for three straight months, after enormous plunges in March and April, when the pandemic suddenly…

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