By Lucia Mutikani WASHINGTON (Reuters) - U.S. business investment spending fell for a fourth straight month in December, a sign that slowing global growth may be weighing on the economy, but consumers remained upbeat and new home sales in December hit their highest level since June 2008. "The drop in (capital spending) will weigh on growth, though stronger consumer spending should keep GDP from slowing too much," said Chris Low, chief economist at FTN Financial in New York. The Commerce Department said non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, dropped 0.6 percent last month after a similar decline in November. Orders for these so-called core capital goods started falling in September, the longest downward stretch since 2012.
Taylor Swift on Tuesday scoffed at a hacker who took over her social media accounts and threatened to release nude pictures, with the pop star saying none existed. The singer's Twitter and Instagram accounts were briefly seized by at least one hacker who vowed to release naked pictures of Swift if supporters paid enough in the form of the virtual currency bitcoin. "Any hackers saying they have 'nudes'?" Swift wrote after retaking control of her Twitter account. Little was known about the presumed hacker, whose account was suspended by Twitter.