U.S. stock futures point slightly higher Wednesday morning as investors watched for a cavalcade of economic reports, including a weekly reading on jobless benefit claims which are being published a day early due to the shortened holiday trade on Thursday and market closure on Friday in observance of Christmas.
Wall Street is looking forward to happy holidays and a farewell to a pandemic-stricken 2020 and an embrace of a new year, with the last two weeks in December representing abbreviated sessions.
President Donald Trump lashed out at Sen. John Thune on Tuesday, a day after the No. 2 Republican in the Senate said a longshot bid to block Joe Biden from becoming president “would go down like a shot dog” in the Senate.
Oil futures settle sharply lower Tuesday for the second straight day on worries about energy demand following new travel bans and lockdowns in Europe and the U.S. to combat the COVID-19 pandemic, even though a vaccine rollout has begun.
The iconic New York alternative weekly, which closed in 2018 after more than half a century of chronicling the city’s cultural life, will return early next year with a new owner.
Tesla CEO Elon Musk in a Tuesday afternoon tweet claims that Apple CEO Tim Cook had his chance to join the electric-vehicle push back in what Musk described as the “darkest days,” for the popular automobile manufacturer. Cook passed him up.
As a brutal year draws to a close, Wall Street is optimistic about 2021 as the first round of COVID-19 inoculations take place, even though plenty still could go awry.
A dispute over the Federal Reserve’s emergency powers almost sank the $900 billion stimulus package working its way through Congress. Here’s the story behind the dispute, according to a top GOP Senator on Sunday.
Congressional leaders said they’re close to finalizing a $900 billion package of coronavirus economic aid, but it was unclear if lawmakers would vote on it tonight or Monday.
A second round of financial-aid checks for taxpayers was one of the few things Republican and Democratic lawmakers agreed upon before the election, but it was delayed over other political wrangling.