President-elect Joe Biden on Friday said that another round of coronavirus stimulus checks for U.S. families “may be still in play.” “I think it would be better if they had the $1,200 [payments to families],” Biden said when asked at a press conference to respond to criticism about a new […]
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Stay-at-home order issued for San Francisco Bay Area, ahead of state mandate
California Street, usually filled with iconic cable cars, is seen mostly empty in San Francisco, California on March 17, 2020. Josh Edelson | AFP | Getty Images San Francisco Bay Area health officials announced on Friday that they would implement California’s new stay-at-home order early, even though they haven’t reached […]
Inside WarnerMedia as it dismantles the old Time Warner to battle Netflix
Combined images of AT&T CEO John Stankey (L)and john stankey WarnerMedia CEO Jason Kilar. Reuters In December 2018, John Stankey sat down with HBO CEO Richard Plepler and his leadership team. Stankey, the AT&T veteran running WarnerMedia at the time, was meeting with division heads to hear ideas on how […]
Any progress on stimulus could give the market a boost in the week ahead
Traders work on the floor of the New York Stock Exchange. NYSE Stimulus to help the economy and vaccines to stop the virus are expected to the be the main focus in markets in the week ahead. Efforts to move along a fiscal package in Congress picked up momentum in […]
U.S. adds 245,000 jobs in November, far fewer than expected – Cramer and others on what’s next
The U.S. economy added only 245,000 jobs in November, a number that was lower than the 440,000 expected. It was a sign the economic recovery had slowed in the last few months. Six experts discuss what the number means for the economy heading into 2021. Nela Richardson, chief economist at […]
Dow jumps more than 200 points to a record even after a big U.S. jobs report miss
Stocks rose to record levels on Friday, notching another weekly advance, as traders shook off a disappointing U.S. jobs report. The Dow Jones Industrial Average closed higher by 248.74 points, or 0.7%, at 30,218.26. The S&P 500 gained 0.9% to end the day at 3,699.12, and the Nasdaq Composite advanced […]
Sidney Powell amends court filing that mistakenly said Georgia votes were flipped from Biden to Trump
Sidney Powell’s Kraken needs an editor. Despite being cut loose from Trump’s legal team, Powell is forging ahead with her election-conspiracy crusade to overturn Joe Biden’s presidential win. But the conservative attorney’s self-described Kraken keeps getting its tentacles tied in a knot of typos and errors — including the recent […]
Tesla CEO Elon Musk has told friends and associates he plans to move to Texas
Tesla CEO Elon Musk talks to media as he arrives to visit the construction site of the future US electric car giant Tesla, on September 03, 2020 in Gruenheide near Berlin. Odd Andersen | AFP | Getty Images Tesla CEO Elon Musk put his California houses on the market this […]
WHO warns Covid reinfections may occur as data suggests antibodies wane
World Health Organization Director-General Tedros Adhanom Ghebreyesus R speaks at a daily briefing in Geneva, Switzerland. Chen Junxia | Xinhua News Agency | Getty Images World Health Organization officials on Friday warned that recent data suggests that, though it is rare, people who were once infected with the coronavirus could […]
Here’s how worried you should be about your stake in Alibaba, now that the U.S. is going after Chinese stocks
President Donald Trump has a bill on his desk that could kick several Chinese companies off of U.S. stock exchanges and inflame an already strained relationship between Washington and Beijing. The Holding Foreign Companies Accountable Act would force companies to give up their listings on Wall Street if they refuse […]