Plus, without the Fed to purchase corporate bonds, companies hit hard by the pandemic could have to pay more to private investors. And, some employers are offering new benefits to help those taking care of children who are learning remotely.
In October, the U.S. built on earlier gains in retail spending and home construction. But the economic story does not stop there. Plus, is it time to pull back on some of the Fed’s ability to fight financial emergencies?
Emojis pack an economic punch. Plus, the world’s biggest vaccine maker says India could have a low-cost shot by early 2021. And, the G-20 in Saudi Arabia threatens to be overshadowed by boycotts.
The rift between the Fed and the Treasury has to do with emergency pandemic lending programs. Plus, Wendy’s is buying 400 fast food joints from a bankrupt franchisee. And, the challenges transgender people are facing in the COVID economy.
Plus, jobless claims rise, while those who still have jobs are getting into real estate. Also, an update on the hotel industry. And, a closer look at the teen voting bloc ahead of Georgia’s Senate runoff elections.
The postmortem is underway for why polls tended to miss how close the presidential election would be. Plus, early data on the Oxford-AstraZeneca vaccine candidate shows it seems to work especially well for adults in their 60s and 70s.
Oxford scientists say their vaccine candidate has shown a strong immune response in older people. Could a hike in interest rates tackle Turkey’s inflation problem? Plus, managing your online legacy after you’re gone.
Pfizer says it has the final data showing its vaccine is 95% effective in preventing infection. Plus, the Senate blocks Judy Shelton’s Fed nomination. And, how Hawaii is allowing visitors that don’t have to quarantine in order to help tourism.
Plus, how will home improvement stores fare with winter on the way. And, Chinese manufacturers could still be dealing with high U.S. tariffs when President-elect Joe Biden takes office.
