Here’s the biggest unknown about the economy right now: Just how much will the loss of federal coronavirus aid for families and businesses stunt a recovery that already has lost steam.
The stock market’s rally back to all-time highs might not have been possible without optimism over a COVID-19 vaccine. And that means progress and setbacks toward that goal could continue to drive the market in the weeks and months ahead.
TikTok is preparing to mount a legal challenge as early as Monday to President Trump’s executive order prohibiting transactions with the popular short video app and its Chinese parent ByteDance, according to people familiar with the matter.