Could Democrats be fighting the last war and wasting money on another $ 1.9 trillion economic relief package? Perhaps, if St. Louis Federal Reserve president James Bullard is right. The Fed official thinks the economy is already set for a strong recovery in 2021. It’s possible U.S. economic growth could …
Read More » The numbers: The huge service side of the U.S. economy grew faster in January and companies added more workers, signaling better times ahead as the record surge in coronavirus cases receded. A survey of top business leaders at non-manufacturing companies such as restaurants, hospitals and banks rose to 58.7% from …
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The Senate Finance Committee voted unanimously Friday to approve Janet Yellen’s nomination to be U.S. Treasury secretary. If confirmed by by the full Senate, Yellen would be the first female Treasury Secretary. Sen. Ron Wyden, Democrat of Oregon, said he hoped the full Senate would be able to vote on …
Read More » The United Kingdom’s use of genomic sequencing to identify a more infectious strain of SARS-CoV-2 has largely served as a wake-up call for inadequate use of the technology in the U.S. Up until mid-December, the U.S. had sequenced about 0.3% of its COVID-19 samples, a percentage that is significantly lower …
Read More » One key to unlocking the logjam of COVID-19 vaccines is in plain view but so far overlooked: the neighborhood retail pharmacy. As of Monday, 9 million people had received at least one dose of the Pfizer PFE, -1.80% or Moderna MRNA, +2.18% vaccines since they were approved in December. That …
Read More » WASHINGTON — The Trump administration on Monday blacklisted seven men, including several former Ukrainian officials, for allegedly interfering in U.S. elections as agents of Russia’s government by advancing theories about President-elect Joe Biden’s son. The action targeted associates of Andriy Derkach, a Ukrainian lawmaker sanctioned by the U.S. Treasury Department last September who …
Read More » The numbers: U.S. manufacturers said business improved in December for the eight month in a row and new orders matched a pandemic high, signaling they are weathering the record coronavirus outbreak better than other major industries. The Institute for Supply Management said its manufacturing index rose to 60.7% in December from …
Read More » U.S. stock-market futures opened flat late Sunday, in the first trading session of the new year. Dow Jones Industrial Average futures YM00, +0.01%, S&P 500 futures ES00, +0.05% and Nasdaq-100 futures NQ00, +0.05% were little changed. U.S. stocks finished higher Thursday, the last trading day of 2020, with the Dow …
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MARKETWATCH FRONT PAGE The looming Georgia runoff elections next Tuesday could inject volatility in a high-flying stock market that has mostly looked past politics in favor of the brighter economic outlook next year. See full story. Yes, it’s possible to save too much for retirement You may miss out on …
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