Bipartisan group of senators skeptical about Biden's $1.9T coronavirus relief proposal
A bipartisan group of senators balked at the size of President Biden's $1.9 trillion coronavirus relief proposal during a call with White House officials on Sunday, raising concerns that the measure provides too much money to high-income Americans.
Yellen passed the economic stability baton to Powell. Now, he’s handing it back.
The Fed spent 2020 combating the economic fallout of the coronavirus pandemic with interest-rate cuts, bond purchases and emergency lending programs.
Biden’s ‘Buy American’ plan eyed warily by other countries
Domestic-purchase plans put other governments on alert, causing concern that their companies would be excluded from the U.S.'s huge government-procurement market when Washington is making massive investments to fight the fallout of the Covid-19 pandemic.
COVID-19's financial toll mounts as homeowners keep postponing mortgage payments
The proportion of homeowners postponing mortgage payments had been falling steadily from June to November, an indication that people were returning to work and the economy was beginning to recover. But the decrease has largely flattened since November, when the current wave of coronavirus cases surged in communities across the country.
Gina Raimondo: What to know about Biden's commerce secretary pick
President Biden chose Gina Raimondo, the governor of Rhode Island, as his commerce secretary.
Yellen nomination sails through Senate panel; final vote set for Monday
Republicans called for her to work with them in developing economic policies.
Stimulus checks and your 2020 taxes: All of your questions, answered
Here's everything you need to know about your taxes and the stimulus checks.
Purell maker bets demand will outlast coronavirus pandemic
The company behind Purell hand sanitizer is making a big bet that America’s fixation on clean hands will outlast the global Covid-19 health crisis. Purell Maker Bets Against a Post-Pandemic Collapse
AOC demands Biden cancel student loan debt after he extends payment freeze
Rep. Alexandria Ocasio-Cortez called on President Biden to bypass Congress and cancel billions of dollars in student loan debt, just days after he assumed the White House and extended pandemic relief for millions of borrowers through September.
Stock futures fall after record week
The big number in the U.S. that traders will be watching will be existing home sales for December
Biden’s $1.9T coronavirus relief package ‘good step’: Economist Mark Zandi
Moody's Analytics chief economist Mark Zandi said on Thursday the $1.9 trillion coronavirus relief package President Biden has proposed is "a good step" to help the "struggling" U.S. economy.
Another 900,000 Americans filed for unemployment benefits last week
The Labor Department on Thursday released its latest data on the number of Americans filing for unemployment benefits.
Stock futures add to records on stimulus hopes
A slew of earnings and economic reports may shape the direction of the trading day
Biden to extend student loan forbearance, eviction moratorium
President Biden plans to sign a pair of executive orders on Wednesday just hours after his inauguration extending an eviction moratorium and forbearance on student loans as part of a relief effort for Americans still reeling from the coronavirus pandemic.
Biden's first 100 days to target COVID-19 relief, economic stimulus
President-elect Joe Biden will inherit dueling crises when he takes office on Wednesday, with plans to usher in a sweeping agenda that addresses the raging coronavirus pandemic and the economic catastrophe that it triggered.
Over $5B in US small business relief loans approved in first week -SBA
The loans, which convert to grants if borrowers follow guidelines, went to 60,000 businesses via 3,000 lenders
Paycheck Protection program reopens Tuesday for second round of small-business loans
The Paycheck Protection Program, a vital lifeline that helped keep pandemic-ravaged small businesses afloat, fully reopened to all participating lenders on Tuesday after initially limiting who was eligible.
Yellen urges Congress to 'act big' on COVID-19 relief spending: 'More must be done'
Janet Yellen, President-elect Joe Biden's nominee to lead the Treasury Department, made the case for the quick passage of a sweeping $1.9 trillion coronavirus relief bill proposed by the incoming administration.
Goldman Sachs boosts US economic outlook on Biden's $1.9T stimulus plan
Goldman Sachs analysts raised their growth forecasts for the U.S. this year after President-elect Joe Biden unveiled a sprawling coronavirus relief package that would inject $1.9 trillion into the nation's sputtering economy.
Boeing 737 Max to be cleared by European aviation agency
The Boeing 737 Max will be approved to resume flights in Europe next week, following nearly two years of reviews after the aircraft was involved in two deadly crashes that saw the planes grounded worldwide, the head of the European aviation safety agency said Tuesday.



















