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How low interest rates may shape the start of a Biden presidency

Nov 24, 2020
The only thing really left is for Congress and a president to pass more stimulus.
President-elect Joe Biden announces key cabinet nominees at a press conference on Nov. 24 in Wilmington, Delaware.
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Dow crests 30,000 on vaccine hopes, Biden transition

Nov 24, 2020
Investors were encouraged by the latest vaccine progress and news that the transition of power in the U.S. will finally begin.
Stocks have rallied in November, with the Dow reaching a milestone level Tuesday.
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Janet Yellen, Biden's pick for treasury secretary, says U.S. needs more pandemic relief spending

Yellen, a former Fed chair, has advocated for more spending to aid small businesses and the unemployed during COVID-19.
Yellen is seen as an authority on what happens if the government cuts back on stimulus spending too soon.
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AP source: Biden taps ex-Fed chair Yellen to lead treasury

Nov 23, 2020
Yellen, who is widely admired in the financial world, would be the first woman to lead the Treasury Department.
Former Federal Reserve Chair Janet Yellen speaks during her last news conference in office in 2017 in Washington, D.C.
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Will Biden give the U.K. a free trade deal?

Nov 16, 2020
President Donald Trump promised Britain a free trade deal after Brexit; Joe Biden's administration may be less forthcoming.
Britain may face a much harder task extracting a trade deal from Joe Biden's administration than Donald Trump's. Above, the president-elect speaks at a press conference on Nov. 9 in Wilmington, Delaware.
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Challenges to output a "mixed blessing," says steel company chief

Nov 13, 2020
With COVID and trade barriers limiting supply, her inventory is worth more but replacing it isn't simple.
Lisa Goldenberg welcomes increased demand for vehicles and household appliances but has grappled with supply and price trends.
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How the election certification process works, and why it matters

Nov 13, 2020
Election certification happens after every general election. This year, it’s looking to be costly.
Canvassers process mail-in ballots at a county board of elections headquarters in Glen Burnie, Maryland. Canvassing is part of the election certification process.
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Thinking about moving investments because of a new president? You might want to wait a bit longer.

Nov 12, 2020
"It's hard to see how electing any president makes a difference to people's long-term portfolios," says Barry Ritholtz.
"Changing your allocation between stocks and bonds, moving to cash — any big change caused by the headlines, that's an emotional reaction, and emotions are never a good guide star for managing your assets," says Barry Ritholtz.
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