in december. that beat out estimates. maybe job numbers are contributing to america s spending mood. we can celebrate the robust increase in payrolls over the past year. 4.26% payroll growth since january. trump inherited the longest payroll expansion in modern times and he hit 1.37% for his first year in office. in fairness, biden did inherit a poorly performing covid economy from trump. so many of his numbers are going to look very strong initially. coming up, trump has gone almost a year. yet democracy is still in peril. some argue it may be in worse shape than while he was in office. we will discuss that next. office we will discuss that next. for driving safe and driving less. okay, what message did you hear this time? safe drivers can save using snapshot? -what s snapshot? -what the commercial was about. -i tune commercials out. -me too. they re always like blah, blah blah. tell me about it. i m going to a silent retreat next weekend. my niece got kicked out of one of those.
15% of total retail sales. a record. and president trump is tweeting about all of this saying 2019 holiday retail sales were up 3.. the biggest number in u.s. history, congratulations. mastercard says that he is actually wrong, but the biggest rise was still under president trump s 5.1%. fox news headlines, we have seen a lot of the economic headlines. carley: i am always in a spending mood, so congratulations to all of us and i may have been a big participant. i also learned that today is one of the biggest shopping days of the year, because people are still on vacation. they can be returning and buying other things, so we could be seeing some more economic numbers. but this is such good news for the trump administration to go into 2020. obviously, every election year, and i am curious and excited to see what could happen in 2020 with the first phase.
strong winds sent the stage crashing into fans just before a sugarland concert. google s stock closed higher after the tech giant announced layoffs at motorolla mobility. the cell phone company it just bought. 4,000 jobs are going to be cut. 20% of the work force. most of the jobs being cut are outside of the united states. google also said it will close or consolidate about 1/3 of its 90 locations. we are talking about 30 locations probably consolidated. a major trend for american credit card customers. a new report this morning shows the number of credit card customers paying their bills late now at an 18-year low. the amount of debt per customer is up, about 6% over this time last year. analysts say credit card holders must be in a spending mood. buy, buy, buy. can we buy a forecast? here is your tuesday forecast, everybody. thunderstorms from michigan into the ohio valley. storms around pittsburgh, buffalo moving later to boston, new york, d.c.
google s stock closed higher after the tech giant announced layoffs at motorolla mobility. the cell phone company it just bought. 4,000 jobs are going to be cut. 20% of the work force. most of the jobs being cut are outside of the united states. google also said it willlose or consolidate about 1/3 of its 90 locations. we are talking about 30 locations probably consolidated. a major trend for american credit card customers. a new report this morning shows the number of credit card customers paying their bills late now at an 18-year low. the amount of debt per customer is up, about 6% over this time last year. analysts say credit card holders must be in a spending mood. buy, buy, buy. can we buy a forecast? here is your tuesday forecast, everybody. thunderstorms from michigan into the ohio valley. storms around pittsburgh, buffalo moving later to boston, new york, d.c. showers in the southeast, the southwest and scorching heat from dallas to denver.
if that s not enough, he weighed in at seven pounds, 11 ounces. making quite a statement there. here s your first look at how wall street will kick off the day. the dow opens at 11,671 after adding 34 points yesterday. the s&p rose four points. the nasdaq gained nine. taking a look at overseas trading this morning, in tokyo the nikkei was up two points. in hong kong, the hang seng climbed 365. and stocks broke a three-day slump tuesday thanks in part to cautious optimism from some of the nation s largest retailers. the day started off on an upswing with upbeat earnings from sears holdings. the retailer s shares added 6% after raising its profit outlook above wall street s estimates thanks to strong fourth quarter sales. a better than expected earnings report from tiffany & co. offered proof that americans who have cash these days are in a spending mood. tiffany s upped its full-year