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As Americans hunker down and wait to get vaccinated, the toll of the coronavirus pandemic keeps rising.Its costs, both in lives and livelihood, prompted President-elect Joe Biden on Thursday to propose another $1.9 trillion “first step”…
Here are the biggest stock market winners and losers in Biden’s massive stimulus plan
MARKETWATCH FRONT PAGE Sectors including banking, biotech, gold mining, green energy and infrastructure will be in play this year. See full story.Biden promises 100 federal vaccination centers by end of his first month in…
Bitcoin ETF? A crypto Holy Grail. But don’t expect to see one soon, say experts
Bitcoin prices are on the rise, notwithstanding a recent bout of weakness, but experts interviewed by MarketWatch caution that although it may feel inevitable, an exchange-traded fund backed by a digital-currency may not be seen as quickly…
Biden promises 100 federal vaccination centers by end of his first month in office
President-elect Joe Biden on Friday offered details about his plan to roll out COVID-19 vaccines, as he promised 100 vaccination centers set up with the help of the Federal Emergency Management Agency and the National Guard.…
Majority of investors say higher rates loom as biggest threat to stocks and risky assets, says BofA…
MARKETWATCH FRONT PAGE Higher rates are beginning to overshadow the buoyant mood in stocks and corporate bonds. See full story.This film shows off virtual reality’s growing potential to compete with movies, TV, and gaming as…
Inflation plays are outperforming deflation assets by the most in 15 years as money pours into…
The new year is obviously young but already there is a pretty clear theme on display in financial markets. According to Bank of America, inflation assets are outperforming deflation assets by the most since 2006.…
Jaime Harrison of South Carolina tapped by Biden team to lead DNC
WASHINGTON — President-elect Joe Biden has selected Jaime Harrison, a former Senate candidate in South Carolina and a rising star in the party, to lead the Democratic National Committee, his transition team said Thursday.…
Biden to call for $1,400 checks, more vaccine funds in Thursday speech
MARKETWATCH FRONT PAGE President-elect Joe Biden on Thursday evening will unveil his coronavirus relief plan, a sweeping measure expected to include cash payments to Americans and money for distributing COVID-19 vaccines. See…
U.S. case tally climbs to 23 million — or a quarter of the global tally — amid surge in new…
The global confirmed case tally for the coronavirus-borne illness COVID-19 climbed above 92 million on Thursday, with the U.S. accounting for more than 23 million of those infections, as the latest economic data showing the grave toll the…
Biden to propose $2 trillion of extra spending: report
President-elect Joe Biden will propose a $2 trillion increase in fiscal spending to help the U.S. economy get through the coronavirus pandemic, according to a published report. CNN reported that Biden, who is due to speak in…