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When the year began, we posed 20 questions, the answers to which we thought would help shape what kind of year 2020 would be. Hereâs how things turned out.
1. How will the impeachment trial of President Trump play out? No one was surprised when the Republican-controlled Senate acquitted Trump. Three presidents have now been impeached â Andrew Johnson and Bill Clinton were the others â and none have been removed from office.
2. Who will win the presidential election? Joe Biden, who will become the nationâs 46th president â and Vice President-elect Kamala Harris will be the first woman (and the first woman of both Black and Asian ancestry) elected on a national ticket. Trump became the 11th president to lose a reelection bid, joining the ranks of John Adams, John Quincy Adams, Martin Van Buren, Grover Cleveland, Benjamin Harrison, William Howard Taft, Herbert Hoover, Gerald Ford, Jimmy Carter and George H.W. Bush.
Shoppers have a new mantra this year: Treat yourself.
Stuck at home and spending far less on travel, experiences and dining out, consumers are trading up on everything from designer handbags to diamond jewelry, according to industry executives and market-research firms.
The splurging defies the norms of past economic downturns, when consumers traded down to less-expensive items. And it isn’t only the well-off taking part. Less-affluent shoppers are buying items like premium spaghetti sauce or salon-worthy shampoo that was previously out of reach or thought to be not worth the price before the coronavirus pandemic forced people to curtail activities and isolate.