Discretionary spending

People wait in a queue for COVID- 19 test at a government designated hospital, in New Delhi, India June 10, 2020. While India’s leaders have promised coronavirus testing and care for all who need it, regardless of income, treatment options are as stratified and unequal as the country itself. Care ranges from crowded wards at public hospitals that some worry will make them sicker than if they stayed home to spacious suites at private hospitals that only the wealthy can afford. (AP Photo/Manish Swarup)
June 26, 2020 - 12:02 am
NEW DELHI (AP) — When Pradeep Kumar's wife was admitted to a government-run hospital in India's capital for treatment of COVID-19, it took two days before she was able to see a doctor. “There are six other women in her room and everyone is frustrated,” he said outside New Delhi's LNJP Hospital. “...
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An Indian fruit vendor wearing a face mask as a precaution against the new coronavirus waits for customers during lockdown in Bangalore, India, Friday, April 24, 2020. As governments around the world try to slow the spread of the coronavirus, India has launched one of the most draconian social experiments in history, locking down its entire population, including an estimated 176 million people who struggle to survive on $1.90 a day or less. (AP Photo/Aijaz Rahi)
April 25, 2020 - 12:10 am
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Navy recommends reinstatement of fired carrier...
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FILE - In this Saturday, March 14, 2020 file photo, travelers wait to check in their luggage at the Los Angeles International Airport. The coronavirus pandemic that's caused many Americans to avoid airports has others booking spur-of-the moment trips at dirt-cheap ticket prices. (AP Photo/Marcio Jose Sanchez, File)
March 15, 2020 - 10:07 am
With the coronavirus pandemic escalating in the U.S. and overseas, Dylcia McBlackwell couldn't justify taking a single spring vacation. Air fares were so cheap, she decided to book three. Now the 39-year-old food service worker from Chicago has tickets to fly to Denver to visit friends next month...
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Former Democratic presidential candidate Mike Bloomberg leaves after speaking to supporters as he announces the suspension of his campaign and his endorsement of former Vice President Joe Biden for president in New York Wednesday , March 4, 2020. (AP Photo/Eduardo Munoz Alvarez)
March 04, 2020 - 4:22 pm
NEW YORK (AP) — In just over 100 days, Mike 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 former...
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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 - 8:37 am
NEW YORK (AP) — Target reported strong fourth-quarter profits, though its sales were weighed down by weak demand for toy and electronics during the crucial holiday shopping season. Target joins a string of other retailers with disappointing sales during the shortest holiday shopping period since...
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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 - 2:57 pm
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 - 9:26 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 - 11:57 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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FILE - In this Feb. 8, 2019, file photo, the logo for Citigroup appears above a trading post on the floor of the New York Stock Exchange. Citigroup’s fourth-quarter profits rose by 15% from a year earlier, as the bank benefited from a boost in trading similar to its competitor JPMorgan Chase. Citi said Tuesday, Jan. 14, 2020, that bond trading revenues were up 49% from a year earlier, when a steep downfall in the last quarter of 2018 took its toll on all banks’ trading desks. (AP Photo/Richard Drew, File)
January 14, 2020 - 9:07 am
NEW YORK (AP) — Citigroup's 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 Tuesday that it earned a profit of $4.98 billion, or $2.15 per share, compared with a profit of $4.3...
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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 11, 2020 - 12:50 am
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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