President Obama, family spend New Year’s Eve snorkeling in Hawaii

KAILUA, Hawaii — President Obama has never been one for the New Year’s Eve blowout — and Tuesday appeared to be no exception. The first family spent the last day of 2013 snorkeling with parrotfish and green sea turtles at Hanauma Bay Nature Preserve, slipping into the waters of the famed reef on a day […]

Wall Street Closes 2013 With Record Gains

Wall Street ended 2013 on a record high Tuesday, with both the S&P 500 and the Dow Jones Industrial Average posting annual jumps not seen since the 1990s. The S&P 500 closed at 1,848.35, up .4 percent and 29.6 percent on the year, the largest annual increase since 1997. The Dow Jones Industrial Average also closed at […]

White House issues new tip sheet for Obamacare consumers

WASHINGTON — The Obama administration is releasing a new tip sheet for Americans who have signed up for coverage under the president’s healthcare law and is urging consumers to be careful before they start using their new insurance Wednesday. Read more from the original source…

Target Reveals Gift Card Snafu

(NEW YORK) — Target is getting hit with another lump of coal this holiday season. The nation’s second largest discount retailer says than an unidentified number of gift cards sold over the holidays were not properly activated. The Minneapolis chain says the number of cards affected was less than 0.1 percent of the total sold […]

U.S. Consumer Confidence Rises on Better Job Outlook

(WASHINGTON) — U.S. consumers’ confidence in the economy rose this month on a better outlook for hiring and growth. The Conference Board says its index of consumer confidence rose to 78.1 in December, up from 72 in the previous month. November’s figure was revised up from 70.4. The December increase followed three months of declines. […]

China Tycoon Wants To Buy New York Times

An eccentric Chinese tycoon announced on Tuesday he wants to buy The New York Times. Chen Guangbiao, the self-made owner of a recycling empire, said he is due to meet a “leading shareholder” in the Times on Jan. 5 to open negotiations, even though the company’s chairman, Arthur Sulzberger Jr, has long insisted the Times […]