Bloomberg As the dot-com bubble burst, then-Federal Reserve Chairman Alan Greenspan said the last firewall between the U.S. economy and a recession is consumer confidence. Given the market’s plunge this year, will it hold now? So far, so good. The risk facing the U.S. is that falling stock prices cause people to start worrying about their finances, and they spend ...

Bloomberg Donald Trump’s dominating victory in the Nevada caucuses pushes him further out ahead of his nearest competitors for the Republican presidential nomination, giving his unorthodox candidacy a major boost heading into Super Tuesday contests next week. The real estate mogul and political newcomer now has won in the Northeast, the South and the West by riding a wave of ...

Washington / AFP China has deployed fighter jets to the same contested island in the South China Sea to which it also has sent surface-to-air missiles, US officials said. Citing two unnamed US officials, Fox News said US intelligence services had spotted Chinese Shenyang J-11 and Xian JH-7 warplanes on Woody Island in the disputed Paracel Islands chain over the ...