Democrats Flood Facebook With Georgia Senate Runoff Ads After Ban Lifted
Jon Ossoff was quick off the mark with his social media campaigning, running more than 50 ads on Facebook within hours of the restrictions being eased.
Tax Hikes For Wealthy May Be Biden's Answer to Foot COVID Bill: Research
The research comes following calls from prominent Democrats for a second stimulus check to be funded by the reversal of the tax cuts president Donald Trump pushed through during his time in office.
Second Stimulus Deal Will Spark Scramble For Businesses to Survive
"The first wave was like a shotgun start and then a brick wall finish because the money ran out," O'Malley said of the first round of stimulus. "When a smaller amount gets made available this time, it's going to be another shotgun start."
Either Stimulus Plan Would Fill Economic Hole Caused by COVID: Research
The output gap is the difference between expected economic output under current law and possible economic output if the economy were operating at full potential.
How Georgia's Economy, COVID Cases Stack up Ahead of Senate Runoffs
The races are extremely close, with the Democrats coming from behind in both seats to take a slim lead in polls.
U.S. Health Secretary Pushes Back on Claims of No Vaccine Distribution Plan
Speaking on CBS This Morning, he rebuked Biden administration claims that the government doesn't have a plan for distribution, saying that in the meeting the Trump administration laid out "in minute detail how we would ship the vaccine."
New York-Based Climate Activists Revealed as Source of Bank of England Hoax
The group, known as The Yes Men, circulated a release that said the central bank's corporate bond buying programme was set to go green. It said the bank would stop buying bonds from oil and gas companies.
Ending Paycheck Protection Before Economic Recovery Put 2.8M Jobs at Risk
As a result of PPP employment requirements expiring, more than 900,000 jobs were lost within the first 4 weeks. This represents approximately 40 percent of the 2.3 million jobs that PPP has been credited with saving.
Fund Second Stimulus Check by Overturning Trump Tax Cut, Rashida Tlaib Says
She tweeted late on Tuesday night: "I am being told that including another stimulus check is too expensive. Fine. Tax the rich and pay for it. Billionaires added $931 billion to their net worth during the padmemic. They can afford it."
Republican Confidence in Economy Plunges After Election: Poll
73 percent of Republicans now say they expect periods of widespread unemployment or depression to take place within the next five years, up from 28 percent last month.
Majority of COVID PPP Loans Went to 5 Percent of Companies
The data also showed that the top 1 percent of loans accounted for more than a quarter of the total loan value.
Mitch McConnell's Revised Stimulus Proposal Still Not Enough: Economists
Proposals for a new round of stimulus checks have been delayed for months, held up by political deadlock in Congress and the election, and experts are skeptical about the noises being made by top decision-makers.
Travel Insurance Sales Rocket as Americans Ignore COVID Advice for Thanksgiving
Dr. Anthony Fauci, the country's top infectious diseases expert, told CBS News that people traveling for the holidays "are going to get us into even more trouble than we're in right now".
Biden Treasury Pick Janet Yellen's Past Warnings About Debt Trigger Alarm
The former Fed Chair has a mixed record on fiscal policy, having called for debt-reduction measures that are closer to austerity but also touting the need for "extraordinary fiscal support" in the pandemic.
Trump Claims Credit for Dow, but Investors Hail Smooth Transition, Vaccines
The stock market rally is at odds with claims Trump made during the election campaign that a Biden victory would lead to a crash.
Companies Cash in on Plant-Based Foods as Unilever Targets $1B in Sales
Unilever is hoping to increase sales five-fold by 2027 through its label The Vegan Butcher and dairy-free ice cream from Ben & Jerry's, Magnum and Wall's.
Bitcoin Price Surges as Optimistic Investors Seek 'Hype Assets'
The last time Bitcoin saw a spike of this magnitude was 2017, when price gains were largely fuelled by a swell in consumer interest, with markets closely matching trends in online search engines. This time, some analysts say it's different.
Stimulus Delay, COVID Surge Set to Crunch U.S. Retailers in Holiday Season
Retail sales increased less than expected in October and are set to slow further, held back by the second wave of the pandemic and the uncertainty over when the next round of government support will come.
Terrorism, Health Care Holds U.S. Down at 18th Place in Prosperity Index
The index analysed 167 countries on 12 different measures of prosperity, from economy to levels of safety and security, personal freedom, health, education and living conditions.
Alibaba's China Singles Day Sales Dwarf Amazon Record
The sales were positive news for the e-commerce giant after COVID-19 shutdowns, but China's competition authorities announced proposals this week to tackle monopolies in the sector.
As Stimulus Hopes Dwindle, Investors Cling to Pfizer Vaccine Instead
With millions still out of work, and companies in badly-hit sectors floundering, the mood in the market is mixed.
Markets Shrug Off Trump-Biden Transition Chaos, Turn Attention to Senate
While investors have weighed the possibility of a potentially disorderly transfer of power, some feel the potential legal challenges brought by the Trump campaign are without teeth.
Nancy Pelosi, Facing Smaller House Majority, Seeks Another Term as Speaker
Following a disappointing election day for her party, where the Democrats have lost at least five congressional seats so far, the 80-year-old has said she intends to stay put in the role she has held since 2002.
How Many Votes Left to Count in Pennsylvania?
According to the Pennsylvania Department of State, 55,000 mail-in ballots remained in Philadelphia County this morning.
On Brink of Defeat, Trump Is Losing Control of Republicans
Trump has demanded loyalty from Republican colleagues throughout his term, and many have avoided directly criticising him. But now some are voicing frustration with his attacks on the election process.
Stocks Are Dropping as the Election Nears, Giving Trump a Florida Problem
The swing state is a magnet for retirees, drawn by the warm weather and lower taxes.
Stimulus Deal Hinges More on the Election Than Economics
Imminent GDP data is expected to present the biggest rebound for output since World War II. But experts say the main driver of the size and timing a potential future stimulus package will be political.
Why Google's Antitrust Case is Becoming Apple's Problem
Google pays Apple an estimated $10 billion per year to be the default search engine on its devices. Google, meanwhile, sees an approximate 50 percent of searches coming from Apple products.
Why Government Debt Doesn't Matter Right Now
U.S. government debt for 2020 alone totaled about $27 trillion by the end of the fiscal year, with a $3.13 trillion budget deficit.
Markets Poised for Stimulus After Election, but Trump Win May Derail Stocks
President Donald Trump has long been fascinated with the stock market, touting a recent bull run as a testament to his success as president. The fact that a Trump win may derail stocks could be an ironic twist in this election saga.