Number of Americans filing for unemployment aid hits highest level since September
The number of Americans filing for first-time unemployment benefits remained elevated last week.
Stocks futures gain on stimulus optimism
Traders will examine the latest jobless figures as well as housing starts
The French Laundry received over $2.4M in PPP loans
The French Laundry, the posh California restaurant where Gov. Gavin Newsom was spotted dining with friends and lobbyists one month ago, received more than $2.4 million in taxpayer-funded loans through the Paycheck Protection Program.
Jeff Bezos' ex-wife MacKenzie Scott donates $4.2B to charity
MacKenzie Scott, one of the world's richest women, announced Tuesday that she had donated $4.2 billion to 384 charity organizations during the COVID-19 pandemic.
US retail sales fell in November for the first time in seven months
U.S. retail sales fell in November for the first time in six months, suggesting consumers are pulling back on spending.
62% of small-business owners fear pandemic's worst is yet to come
Most small-business owners in the United States believe the worst of the coronavirus pandemic is still ahead of them, with half saying their operations would permanently close within a year unless the business environment improves, the U.S. Chamber of Commerce said on Tuesday.
Stock futures trade higher ahead of retail sales, Fed decision
Investors will also get reports on manufacturing, services and housing
Fed faces tricky act balancing impact of vaccines against economic pain
Fed officials at the median saw the economy growing 4% next year and the unemployment rate falling to 5.5%. Analysts expect both figures to be upgraded
NYC mayoral candidate hints at supporting higher taxes on state's wealthy
A candidate for New York City mayor and one of the highest-ranking Black executives on Wall Street hinted this week that he supports raising taxes on the state's wealthy residents.
Warren Buffett presses Congress to provide more aid for small businesses: 'It's an economic war'
Berkshire Hathaway CEO Warren Buffett called on Congress to extend a rescue program for the nation's pandemic-stricken small businesses, likening the shutdown of businesses across the country to an "economic war."
Number of US homeowners seeking to delay mortgage payment rises to highest level in months
A growing number of U.S. homeowners are looking to delay their mortgage payments, a sign the economy's recovery from the coronavirus pandemic is beginning to slow.
Oracle's Ellison relocates from California to Hawaii
Oracle co-founder Larry Ellison has moved from California's Silicon Valley to the Hawaiian island of Lanai.
Top Senate Dem takes aim at Pelosi over delays on coronavirus relief deal
A top Senate Democrat joined a growing number of rank-and-file lawmakers in backing a scaled-back coronavirus relief deal that excludes fiscal relief for states and local governments.
US manufacturing: Why 2020 was the bottom of a long decline
The U.S. manufacturing industry has experienced a lifetime of trauma over the past two decades—but we believe 2020 marks the bottom of that long and high-profile decline.
Trump calls for second stimulus check 'right now' as year-end deadline for COVID relief looms
President Trump called on Congress to include a fresh round of stimulus checks for American families in the next coronavirus relief package as the year-end deadline for a deal looms.
CA tourist town refuses to comply with lockdown order
A popular California tourist destination is disregarding the state's recent stay-at-home order as coronavirus cases continue to surge.
Christmas decorations sell out faster than usual
And then, there weren’t enough lights for the tree.
Clorox says product shortages to stretch through mid-2021
As coronavirus cases continue to surge around the country, California-based Clorox Co. is struggling to meet demand, warning product shortages will extend through mid-2021.
UK businesses plea for EU deal as talks stall
British trucking firms, supermarkets and other businesses on Friday implored the government to strike a last-minute trade deal with the European Union, as the two sides’ leaders told their citizens to brace for New Year upheaval in the U.K.-EU trading relationship.
Coronavirus shutters 85% of restaurants in San Francisco's business, cultural hubs
As the COVID-19 pandemic has ravaged California communities, leading to another lockdown this month, San Francisco bars and restaurants have had no relief.



















