Economic policy

FILE- In this Saturday, Nov. 28, 2020, file photo, customers browse while shopping for books at the Strand Bookstore, an independent family owned bookstore founded in 1927 in New York. A Federal Reserve survey of business conditions around the country found that economic activity in several regions was slowing in November as coronavirus cases surged. The report, released Wednesday, Dec. 2, 2020, and known as the beige book, will be used by Fed officials when they hold their last meeting of the year on Dec. 15-16 to discuss possible changes to the central bank's interest-rate policies.. (AP Photo/Mary Altaffer)
December 02, 2020 - 3:20 pm
WASHINGTON (AP) — A Federal Reserve survey of business conditions around the country found that economic activity in several regions slowed in November as coronavirus cases surged. The Fed report released Wednesday said that overall, the Fed's 12 regional banks characterized the economic expansion...
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President-elect Joe Biden arrives at The Queen theater, Wednesday, Dec. 2, 2020, in Wilmington, Del. (AP Photo/Andrew Harnik)
December 02, 2020 - 3:07 pm
WASHINGTON (AP) — President-elect Joe Biden swung behind a bipartisan COVID-19 relief effort Wednesday and his top Capitol Hill allies cut their demands for a $2 trillion-plus measure by more than half in hopes of breaking a monthslong logjam and delivering much-sought aid as the tempestuous...
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Federal Reserve Chairman Jerome Powell fist bumps Treasury Secretary Steven Mnuchin after a House Financial Services Committee hearing on Capitol Hill in Washington, Wednesday, Dec. 2, 2020. (Greg Nash/Pool via AP)
December 02, 2020 - 10:59 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin urged Congress to approve COVID-19 relief funds without further delay, though Democrats continued to attack a decision by Mnuchin to allow five Fed lending programs to expire during the pandemic. In his...
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A woman walks by an electronic stock board of a securities firm in Tokyo, Wednesday, Dec. 2, 2020. Asian markets are mixed after the U.S. benchmark S&P 500 set another record. (AP Photo/Koji Sasahara)
December 01, 2020 - 7:44 pm
Asian shares advanced Wednesday after Wall Street kicked off December with more milestones, as a broad rally pushed the S&P 500 and Nasdaq composite to new highs. Australia reported its economy expanded 3.3% in the July-September quarter as the country recovered from pandemic lockdowns. That...
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European Commission's Head of Task Force for Relations with the United Kingdom Michel Barnier walks from his hotel to the Conference Centre in London, Wednesday, Nov. 11, 2020. With less than two months to go before the U.K. exits the EU's economic orbit, trade deal talks resume in London. (AP Photo/Frank Augstein)
December 01, 2020 - 7:33 am
LONDON (AP) — The British government told businesses on Tuesday to make sure they are ready for big changes when the U.K. makes its final Brexit break from the European Union in exactly a month. But with negotiations on a free-trade deal with the bloc stuck, firms say they still don't know key...
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A cat sits next to a homeless woman sleeping on the Mediterranean Sea corniche in Beirut, Lebanon, Sunday, July 19, 2020. Lebanon should quickly form a reform-minded government to carry out badly needed reforms to help get the tiny country out of its severe economic crisis where the Real GDP growth is projected to contract nearly 20% in 2020 and a crash in local currency led to triple-digit inflation rates, the World Bank said Tuesday. (AP Photo/Hassan Ammar)
December 01, 2020 - 3:13 am
BEIRUT (AP) — Lebanon’s economy faces an “arduous and prolonged depression,” with real GPD projected to plunge by nearly 20% because its politicians refuse to implement reforms that would speed up the country’s recovery, the World Bank said Tuesday. It said Lebanon should quickly form a reform-...
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FILE - In this Aug. 14, 2019, file photo former Fed Chair Janet Yellen speaks with FOX Business Network guest anchor Jon Hilsenrath in the Fox Washington bureau in Washington. (AP Photo/Andrew Harnik, File)
November 30, 2020 - 9:07 pm
WILMINGTON, Del. (AP) — With unemployment still high and the pandemic threatening yet another economic slump, President-elect Joe Biden is assembling a team of liberal advisers who have long focused on the nation’s workers and government efforts to address economic inequality. Janet Yellen,...
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FILE - In this Aug. 14, 2019, file photo former Fed Chair Janet Yellen speaks with FOX Business Network guest anchor Jon Hilsenrath in the Fox Washington bureau in Washington. (AP Photo/Andrew Harnik, File)
November 30, 2020 - 6:05 pm
WILMINGTON, Del. (AP) — With unemployment still high and the pandemic threatening yet another economic slump, President-elect Joe Biden is assembling a team of liberal advisers who have long focused on the nation’s workers and government efforts to address economic inequality. Janet Yellen,...
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Canadian Prime Minister Justin Trudeau speaks at a bi-weekly news conference outside Rideau cottage on the COVID-19 pandemic in Ottawa, Ontario, Friday, Nov. 27, 2020. (Adrian Wyld/The Canadian Press via AP)
November 30, 2020 - 2:28 pm
TORONTO (AP) — Canadian Prime Minister Justin Trudeau’s government vowed Monday to spend billions more to help the country recover from the pandemic. Deputy Prime Minister and Finance Minister Chrystia Freeland said the country is facing its most severe challenge since World War II, the worst...
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EU Chief Negotiator Michel Barnier, centre, with his team as he walks to a conference centre in Westminster in London, Sunday, Nov. 29, 2020. Teams from Britain and the European Union are continuing face-to-face talks on a post-Brexit trade deal in the little remaining time. (AP Photo/Kirsty Wigglesworth)
November 29, 2020 - 4:24 am
LONDON (AP) — Britain’s foreign minister said Sunday there is only about a week left for the U.K. and the European Union to strike a post-Brexit trade deal, with fishing rights the major obstacle to an agreement. As talks continued between the two sides in London, Foreign Secretary Dominic Raab...
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