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Biden Expected to Name Top Economic Officials This Week

WASHINGTON — President-elect Joseph R. Biden Jr. is expected to name top members of his economic team this week, including Cecilia Rouse, a Princeton labor economist, to run the Council […]




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U.S. Economy Stumbles as the Coronavirus Spreads Widely

Layoffs are rising again and Americans’ incomes are falling, the latest signs that the one-two punch of a resurgent pandemic and waning government aid are undermining the U.S. economic recovery.Applications […]




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Markets Throw a Welcome Party of Sorts for Biden

A day after the Trump administration effectively acknowledged the election of Joseph R. Biden Jr., investors showed their relief by pushing the two major stock market indexes to all-time records […]




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Yellen Would Assume Vast Policy Portfolio as Treasury Secretary

WASHINGTON — Janet L. Yellen’s expected nomination as Treasury secretary will place the former Federal Reserve chair into a critical role overseeing President-elect Joseph R. Biden Jr.’s economic and national […]




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Wall St. Is Itching to Unfollow Donald Trump on Twitter

+70 % Change in the S&P 500 since the 2016 election Up six percent since election day 2020. +60 Election +50 +40 BULL MARKET BULL MKT. +30 –33.9% BEAR MARKET […]




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Janet Yellen Set to Lead Treasury Department Under Biden

WASHINGTON — Janet L. Yellen became an economist at a time when few women entered the profession and fewer still rose in a male-dominated environment. She is now poised to […]




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Mnuchin Cites Principles in Clawing Back Fed Money. Democrats See Politics.

WASHINGTON — Treasury Secretary Steven Mnuchin broke sharply with the Federal Reserve this week, choosing to end a variety of programs aimed at helping markets, businesses and municipalities weather the […]