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NEW YORK – Wall Street clawed back the last of the historic, frenzied losses unleashed by the coronavirus, as the S&P 500 closed at an all-time high Tuesday.The benchmark index notched a modest 0.2% gain to beat its previous record high set on Feb. 19, before the pandemic shut down businesses around the world and knocked economies into their worst recessions in decades.The S&P 500′s milestone caps a furious 51.5% rally that began in late March.Tremendous amounts of aid from the Federal Reserve and Congress helped launch the rally, which built momentum on signs of budding growth in the economy. 616

No game for you!Cleveland Cavaliers guard JR Smith is many things, but a Soup Nazi he is not. He earned his one-game suspension from the Cavs Thursday night by throwing a bowl of soup at assistant coach Damon Jones, multiple?sources told ESPN.Jones is a former Cavs player.Smith has struggled much of this season, but he had been playing better lately, finally hitting some shots, on the court and, apparently, in the cafeteria.Smith will return to practice on Friday, according to head coach Tyronn Lue. He will be back at shooting guard when the Cavs take on the Denver Nuggets on Saturday.We checked the rulebook on @TheRealJRSmith's soup suspension. 676

Negotiations on a new coronvirus stimulus package are set to continue Monday between lawmakers and White House officials.Congressional leaders are expected to meet with Trump administration officials to resume discussions. A swift, bipartisan agreement seems unlikely.House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin dug in on their opposing positions Sunday. Each doubled down on what has been the main sticking point: The extension of federal enhanced unemployment benefits that expired Friday.Pelosi said the amount could go down as unemployment drops, but for now, benefits need to stay at 0 a week. Mnuchin argued that the White House had proposed a one-week 0 unemployment benefits extension as negotiations continued, but said Democrats rebuffed that offer. 794

NEW YORK (AP) — This year’s Black Friday was the biggest ever for online sales, as fewer people hit the stores and shoppers rang up .4 billion in transactions from their phones, computers and tablets.That’s just behind the .9 billion haul of last year’s Cyber Monday, which holds the one-day record for online sales, according to Adobe Analytics. Adobe measures sales at 80 of the top 100 U.S. online retailers.Adobe expects online sales to jump to another record this Cyber Monday with an estimated total of .4 billion. Much of the shopping is happening on people’s phones, which accounted for 39% of all online sales Friday and 61% of online traffic.Shoppers have been looking for “Frozen 2” toys in particular. Other top purchases included sports video games and Apple laptops.All the online shopping may have helped thin the crowd at malls on Black Friday.Traffic at stores fell 2.1% on Black Friday from a year ago, according to preliminary figures from RetailNext. It tracks in-store activity at tens of thousands of locations, including specialty apparel retailers, big-box stores and mall-based stores. The drop in traffic helped lead to a 1.6% dip in sales.Online and in-store shopping aren’t always completely separate, though. Many people buy things online, only to head to the store to pick them up. Such sales surged 43.2% on Black Friday from a year ago, according to Adobe.This holiday shopping season may be the most harried in years because it’s the shortest since 2013. Thanksgiving this year fell on the last Thursday in November — the latest possible date it could be.Much is riding on the success of the holiday season’s sales. The U.S. economy is still growing steadily, but gains have slowed since its sizzling start to the year. Economists say strong spending by households is helping to bolster growth and make up for weak confidence among businesses given all the uncertainties about the U.S.-China trade war and other factors. 1967

New restaurants and hundreds of much-needed apartments could be coming to Poway's main road. But that proposal could also spell the end for Poway Fun Bowl, a longtime hangout for friends and local families. Fairfield Housing is proposing to buy the Alley's land and the Carriage Center strip mall next door - to build 216 apartments, 13,000 square-feet of commercial space, and a public plaza. The Poway City Council is holding an information session on Tuesday, and will give the developer feedback on the idea.Both the alley's owner and the mall management stressed that this is nothing close to a done deal, and that both have no immediate plans to close."Although people have expressed an interest in redeveloping the site, the owner is not currently under contract to sell the property," said Bobby Israel, the mall's property manager. Fairfield Housing didn't immediately return a call seeking comment.Casey Nezhoda, who owns Bargain Hunter's Thrift Shop in the mall, said there's been confusion among many of the mom-and-pop owners about what's next."Because it’s been kind of like a guessing game, of well, what’s going to happen with our shopping center?" she said, noting moving 7,000 square feet of merchandise would be a lot of work.But Andrew Weiss, who was shopping in the mall, said the project sounds like a good opportunity."This mall's a little bit old, so redevelopment would be nice, plus Poway's a great place to be," he said. "This would be a nice opportunity to make more housing."The Poway City Council meeting starts at 7 p.m. Tuesday.  1604