LONDON – European stocks traded higher on Wednesday as rising political certainty in the US and news of a sensible coronavirus vaccine boosted global sentiment. The Pan-European Stocks 600 Index traded up 1% higher with most of the positive sectors except insurance, auto, basic resources and chemicals. News of a …
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President-elect Joe Biden has chosen former Federal Reserve Chairman Janet Yellen as Treasury Secretary, a historic decision that could make her the first woman to lead the department, say people familiar with the matter. Yellen, 74, is seen as a politically “safe” choice for the role, which is likely to …
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President TrumpDonald John TrumpDHS expands staff authority to collect information on people who threaten monuments: Republican report points to Trump’s payroll tax cut on Republican coronavirus bill, for now Trump threatens to duplicate Portland in other major cities PLUSJudy Shelton’s controversial nomination for the Federal Reserve won the support of …
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The United States faces significant long-term economic damage from the coronavirus as lawmakers discuss boosted unemployment benefits amid stubbornly high weekly jobless claims. More than 1 million Americans have filed new claims for unemployment benefits each week for the past four months. Those figures provide a grim backdrop for the …
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Former heads of the Federal Reserve Janet YellenJanet Louise YellenIn The Money: Liquidity Issues Hit by COVID-19 Call for Federal Aid | Trump signs bill imposing sanctions on China for Hong Kong | The White House campaign advocates for new ‘pathways’ to jobs amid the Bernanke, Yellen pandemic to testify …
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