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Economy
US Home Sales Fell More Than Expected in November
WASHINGTON—U.S. home sales fell more than expected in November after five straight months of gains amid a shortage of properties and more expensive houses, but the housing market remains underpinned ...
December 22, 2020
BY
Reuters
Biden Announces New Picks for White House Economic Advisory Team
Democratic presidential candidate Joe Biden has announced several more prospective picks for the National Economic Council (NEC), a ...
December 22, 2020
BY
Tom Ozimek
Rand Paul: GOP Backing COVID-19 Relief Bill No Better Than the Democrats They Criticize
Sen. Rand Paul (R-Ky.) in a Senate floor speech Monday tore into fellow Republicans as they prepared vote ...
December 22, 2020
BY
Isabel van Brugen
Mixed-Status Immigrant Families Eligible for Stimulus Checks Under New Relief Bill
Under the newly-passed $900 billion pandemic relief bill, U.S. citizens and green card holders who are married to ...
December 22, 2020
BY
Tom Ozimek
Members of Congress Explain Why They Voted Against COVID-19 Relief Package
While Congress passed a $900 billion COVID-19 relief package on Monday, dozens of legislators voted against it. In ...
December 22, 2020
BY
Zachary Stieber
Congress Passes $900 Billion COVID-19 Relief Bill, Sends to Trump
The House of Representatives and the Senate on Monday passed a $900 billion COVID-19 relief bill following months of ...
December 21, 2020
BY
Mimi Nguyen Ly
Zero Evidence of CCP Virus Spread Via Waffle House: CEO
Walter Ehmer, the CEO of Waffle House, said on Sunday that there is no evidence that the CCP (Chinese ...
December 21, 2020
BY
Gary Du
Mnuchin: Stimulus Payments Will Be Deposited in Americans’ Bank Accounts Next Week
Treasury Secretary Steven Mnuchin said Monday that the federal government will deposit the stimulus payments into bank accounts ...
December 21, 2020
BY
Jack Phillips
House, Senate Slated to Vote Monday on $900 Billion Stimulus Package
Congress is expected to vote on Monday on a newly agreed upon stimulus package, after months of negotiations. ...
December 21, 2020
BY
Zachary Stieber
US Shoppers Grab Last-Minute Holiday Gifts, Pick Up Online Orders In-Store
NEW YORK—Many U.S. holiday shoppers, wary of spending time in stores during the latest surge of COVID-19 cases ...
December 20, 2020
BY
Reuters
Treasury Under Fire for Trying to Soften Trump’s Ban on Chinese Securities
WASHINGTON—A conflict within the Trump administration has come to light over how to implement the president's new executive order, which ...
December 19, 2020
BY
Emel Akan
Ban on Federal Drilling Leases Would Cost Eight US States Billions, Study Finds
A ban on new oil and gas drilling leases on federal lands would cost eight Western states $8.1 ...
December 17, 2020
BY
Reuters
US Jobless Claims Rise to Highest Level Since September
WASHINGTON—The number of Americans applying for unemployment benefits rose again last week to 885,000, the highest weekly total ...
December 17, 2020
BY
The Associated Press
Majority of Small US Businesses See Worst Coronavirus Impact Still Ahead: Poll
WASHINGTON—Most small business owners in the United States believe the worst of the coronavirus pandemic is still ahead ...
December 17, 2020
BY
Reuters
Low-Income US Households Are Spending Savings Quicker Than High Earners: Study
U.S. households across the board built up savings during the pandemic, but low-income households are burning through their ...
December 17, 2020
BY
Reuters
Fed Holds Interest Rates Near Zero, Raises Economic Outlook
WASHINGTON—The Federal Reserve announced on Dec. 16 that it would keep U.S. interest rates near zero as the pandemic continues ...
December 16, 2020
BY
Emel Akan
Busiest US Seaport, Buried in Imports, Plucks Out Toys to Load Santa’s Sleigh
LOS ANGELES—Workers at the busiest U.S. seaport are plucking containers of toys off ships and out of massive ...
December 16, 2020
BY
Reuters
US Regulator Issues Final Rule Unveiling Non-Bank’s Path to Deposit License Approval
WASHINGTON—A federal banking regulator on Dec. 15 finalized new rules that should make it easier for non-bank companies ...
December 16, 2020
BY
Reuters
MSCI Deleting 10 China Firms From Some Indexes, Retaining Them in Others
BOSTON/WASHINGTON/SINGAPORE—MSCI Inc. will cut seven Chinese firms from some of its global indexes, it said on Tuesday, the ...
December 16, 2020
BY
Reuters
Fleeing New Yorkers Resulted in an Estimated $34 Billion in Lost Income: Study
Millions of people have moved out of New York City during the pandemic, but at the same time, ...
December 16, 2020
BY
Reuters
US Manufacturing Production Tops November Forecasts
WASHINGTON—U.S. manufacturing output increased more than expected in November, boosted by motor vehicle production, although momentum could slow ...
December 16, 2020
BY
Reuters
McConnell, Pelosi Express Optimism for Spending, COVID-19 Relief Deals
Senate Majority Leader Mitch McConnell (R-Ky.) and House Speaker Nancy Pelosi (D-Calif.) expressed confidence on Dec. 15 that ...
December 16, 2020
BY
Tom Ozimek
Bipartisan Group of Lawmakers Unveils Details of COVID-19 Relief Proposal
A bipartisan group of lawmakers on Dec. 14 unveiled details of their two-part $908 billion COVID-19 relief plan ...
December 15, 2020
BY
Isabel van Brugen
US Labor Department Finalizes Limits on Pension-Fund Voting on Corporate Proxies
NEW YORK—The U.S. Department of Labor on Dec. 11 finalized a rule requiring pension funds to vote on ...
December 14, 2020
BY
Reuters
‘Dissonance’ Confronts Fed, With Vaccine Weighed Against Joblessness
WASHINGTON—In about two weeks, at least 9 million jobless U.S. residents are at risk of losing the unemployment ...
December 14, 2020
BY
Reuters
Senators Vow to Pass New Stimulus Package Before Leaving for Christmas
Senators crafting a fresh, bipartisan COVID-19 relief package promised Sunday not to leave Washington without approving the legislation. ...
December 14, 2020
BY
Zachary Stieber
US Producer Prices Rise Moderately; COVID-19 Seen Taming Inflation
WASHINGTON—U.S. producer prices barely rose in November, supporting views that inflation would remain benign in the near term ...
December 13, 2020
BY
Reuters
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TOP NEWS
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Pence Refuses to Invoke the 25th Amendment
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Federal Prosecutors Building Seditious, Conspiracy Cases Against Some Capitol Rioters: DOJ
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