Biden Vs. Biden On China
In the early 2000s, Joe Biden helped bring China and America closer. Now, not so much.
ECONOMY
Biden Picks Janet Yellen To Be Treasury Secretary In Historic Appointment
Joe Biden plans to nominate the former Federal Reserve chair as his Treasury secretary. She would play a leading role in helping the economy recover from the pandemic.
Yellen Reportedly Tapped To Become Treasury Secretary
President-elect Joe Biden reportedly plans to nominate Janet Yellen to be Treasury secretary. She would be the first woman to hold the job if confirmed
Fed, Treasury Department Split On When To Cut Off Pandemic Loan Programs
Treasury Secretary Steve Mnuchin wants to let the emergency loan programs expire at the end of the year. Federal Reserve Chair Jerome Powell says that's too soon.
'We Need To Build More Homes': Prices Soar Amid Housing Shortage
It's not only low interest rates pushing up prices to record highs. A historic lack of homes for sale is a big part of it too. And it's making homeownership unaffordable for too many people.
Saudi Arabia Will Host Virtual G20 Summit This Weekend
Leaders of the world's biggest economies will meet virtually — depriving Saudi leaders the chance to show off their country. It also might help them avoid attention on human rights violations.
12 Million To Lose Jobless Benefits The Day After Christmas Unless Congress Acts
If Congress doesn't compromise and pass another relief bill, a new study finds a staggering number of Americans will lose a critical financial lifeline as the pandemic worsens.
Florida Looks At A Winter Without Canadians
The coronavirus pandemic continues to rip across the U.S. killing many and infecting hundreds of thousands of people each week. It's also upending part-time residencies between Florida and Canada.
Trump Launched A Trade War Against China. Don't Look To Biden To Reverse It
The president-elect can undo many of Trump's tariffs with the stroke of a pen, but he's unlikely to do so now that the tenor of the U.S.-China relationship has changed.
12 Million People Could Lose Jobless Benefits After Christmas
A new study finds that unless Congress breaks its impasse, millions of Americans will lose "life-saving" jobless benefits at the end of December, and that could spell financial ruin for many.