The Senate’s nonpartisan parliamentarian Monday ruled in favor of a Democratic effort to pass additional legislation through a process called reconciliation, according to a spokesman for Senate Majority Leader Chuck Schumer, D-N.Y., opening the door for Democrats to approve more measures along party lines in the Senate this year.
U.S. Treasury yields retreat on Monday, as investors looked past another round of improving economic data from the pandemic-battered services sector amid questions over whether traders who wagered on rate hikes were getting ahead of themselves.
President Joe Biden on Monday defended his proposal to raise the U.S. corporate tax rate, calling it false that doing so would drive businesses away from the country.
Oil futures settle with a loss of more than 4% on Monday, with the sharp decline attributed to concerns over the decision by the Organization of the Petroleum Exporting Countries and its allies to ease output curbs and indications of more supply from Iran making its way to market.
Endeavor Group Holdings Inc., the Los Angeles-based entertainment powerhouse and owner of the William Morris Agency, sports and modeling agency IMG and mixed-martial-arts outfit UFC, is making a second attempt to go public after filing paperwork with the Securities and Exchange Commission this week.
The U.S. is unlikely to face a “true” fourth wave of COVID-19 outbreaks, but the country should wait a few weeks longer before easing mitigation efforts, former Food and Drug Administration Commissioner Scott Gottlieb said Sunday.
Dow Jones Industrial Average futures YM00 were up around 150 points Sunday evening, or 0.5%, while S&P 500 futures ES00 and Nasdaq-100 futures NQ00 also showed gains.
A Maryland hotel magnate and a Swiss billionaire have made a bid for Tribune Publishing Co. that the newspaper chain is expected to favor over a takeover deal it already struck with hedge fund Alden Global Capital LLC.
The buzzer-beater for Gonzaga on Saturday night is already being hailed as one of the most iconic shots, in one of the greatest games, in college basketball history.
Will a raucous first three months of 2021 give way to more bubbliciousness in segments of the market, occluded trade canals, hair-raising surges in borrowing costs fueled by spiking bonds yields and an unmitigated hunger to get rich quick in the coming three months of the year?