Stock futures trade mixed following Mnuchin comments on lending programs
On Wall Street on Thursday, the S&P 500 rose 0.4% after spending much of the day flipping between small losses and gains
Push for Biden to cancel student debt using executive order grows
Calls are mounting for President-elect Joe Biden to erase student loan debt on his first day in the White House.
Another 742,000 Americans filed for jobless benefits amid coronavirus surge
The number of Americans applying for state unemployment benefits remained significantly higher than pre-pandemic levels last week
Stock futures trade lower ahead of jobless claims, retail earnings
Investors will also get to digest reports on manufacturing and housing
Pelosi, Schumer urge McConnell to restart coronavirus relief talks
House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer urged Senate Majority Leader Mitch McConnell to resume negotiations on another coronavirus relief package with the clock running out for Congress to strike a deal before year's end.
NYC tourism may not recover to pre-pandemic levels for years, report predicts
City could see 66% year over year decline in visitors due to the pandemic.
Special tax proposed for Chicago businesses in Magnificent Mile area that suffered looting
The proposed emergency special tax, also known as the Special Service Area or SSA, would impose a less than 0.05% levy on commercial properties along North Michigan Avenue, according to city documents.
Elon Musk to become world's 3rd richest person
Technology wiz Elon Musk is on track to become the world's third-richest person.
Schumer calls on Biden to cancel student loan debt with executive order
Sen. Minority Leader Chuck Schumer urged President-elect Joe Biden to bypass Congress and cancel billions of dollars in student loan debt.
Hundreds of companies that got stimulus aid have failed
About 300 companies that received as much as half a billion dollars in pandemic-related government loans have filed for bankruptcy.
US retail sales miss expectations in October
Excluding automobiles, gasoline, building materials and food services, retail sales nudged up 0.1% after a downwardly revised 0.9% increase in September.
Biden pledges that unions will have 'increased power' under his administration
President-elect Joe Biden, while speaking with key labor leaders and CEOs from some of the nation's biggest companies, made a promise: Unions will have increased power under his administration.
Congress faces tight deadline for coronavirus relief, spending deals
The clock is running out for Congress to strike a coronavirus relief deal and fund the government before year-end as lawmakers try to work through a laundry list of unfinished business in the lame-duck session.
Vaccine focus drives Asian stocks to record highs
SYDNEY - Asian equities hit a record high on Monday as investors set aside fears about rising coronavirus cases and bought stocks, cheered by data showing a robust recovery in China and Japan.
ASEAN, China, other partners set world's biggest trade pact
It includes the 10 nations belonging to the Association of Southeast Asian Nations, China, Japan, South Korea, Australia and New Zealand, but not the United States
Coronavirus lockdowns not necessary, health secretary Alex Azar says
Health and Human Services Secretary Alex Azar on Friday rejected the notion of another shutdown in the U.S. to curb a spike in COVID-19 cases and hospitalizations across the country.
Stock futures rise as tech rally resumes
Traders will be focusing on producer prices and consumer sentiment reports
Pelosi, Schumer renew push for $3.4T coronavirus relief bill, teeing up battle with McConnell
Democratic leaders on Thursday renewed their push for a multitrillion-dollar coronavirus relief package, likely setting up a showdown with Republicans as the two sides remain fundamentally divided over how much money to spend on stimulus measures.
U.S. clocks record deficit in October on pandemic spending
It's a milestone that may further complicate efforts on another government relief bill, something economists have warned will be badly needed as a second wave of coronavirus infections tightens restrictions on businesses, potentially spurring more layoffs that leave workers struggling to pay for housing and food.
Number of Americans filing for jobless aid drops to 709,000, lowest since March
The number of Americans applying for state unemployment benefits remained significantly higher than pre-pandemic levels last week.


















