WASHINGTON - Top White House economists pushed back on Wednesday against overly rosy interpretations of the Congressional Budget Office's economic forecasts, and called for immediate action to avert the risk of persistent and long-lasting U.S. unemployment.
WASHINGTON - U.S. Transportation Secretary Pete Buttigieg said Wednesday he was "deeply optimistic" about the future of travel despite the devastating impacts of the COVID-19 pandemic on airlines, airports, transit systems and road use.
Companies raised $546 billion from new bond and share issues in January, as a flood of central bank money-printing and recovering stock markets brought record numbers of new listings, SPAC deals and share sales, Refinitiv data showed on Wednesday.
Newly unsealed court documents and other records show that Merck & Co and U.S. regulators knew about reports of suicidal behavior in men taking the company’s anti-baldness treatment Propecia when they decided not to warn consumers of those potential risks in a 2011 update of the popular drug’s label.
Ford Motor (NYSE:F) Co's investors are likely to brush aside the company's quarterly loss on Thursday and focus on its 2021 forecast and production target for the revamped F-150 pickup truck, a consistent bestseller in the U.S. automobile market.