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President-elect Joe Biden

COVID-19

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

by Sabri Ben-Achour
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.
Mark Makela/Getty Images
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Dow crests 30,000 on vaccine hopes, Biden transition

by Associated Press
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.
Spencer Platt/Getty Images
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Janet Yellen, Biden's pick for treasury secretary, says U.S. needs more pandemic relief spending

by David Brancaccio , Nancy Marshall-Genzer and Alex Schroeder
Nov 24, 2020
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.
Brendan Smialowski/AFP via Getty Images
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AP source: Biden taps ex-Fed chair Yellen to lead treasury

by Associated Press
Nov 23, 2020
Yellen, who is widely admired in the financial world, would be the first woman to lead the Treasury Department.
Treasury Secretary Janet Yellen warned that her department would have to take "extraordinary measures" to keep the U.S. government from defaulting on its debt.
Alex Wong/Getty Images
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Elections 2020

Will Biden give the U.K. a free trade deal?

by Stephen Beard
Nov 16, 2020
President Donald Trump promised Britain a free trade deal after Brexit; Joe Biden's administration may be less forthcoming.
Joe Raedle/Getty Images
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Challenges to output a "mixed blessing," says steel company chief

by Kai Ryssdal and Alli Fam
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.
Andreas Rentz/Getty Images
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Elections 2020

How the election certification process works, and why it matters

by Katherine Wiles
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.
Drew Angerer/Getty Images
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Elections 2020

Thinking about moving investments because of a new president? You might want to wait a bit longer.

by Daniel Shin and David Brancaccio
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.
Joe Raedle/Getty Images
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