Protesters are expected to descend on statehouses across the United States on Sunday in support of baseless claims that electoral fraud robbed President Donald Trump of a second term, as law enforcement officials girded for possible violence.
NEW YORK - A group of big-city mayors has asked the incoming Biden administration to bypass state governments and send vaccine shipments directly to them, as U.S. coronavirus infections on Thursday topped the 23 million mark.
The Dow closed lower after rising to intraday highs Thursday as losses in technology stocks offset gains in value stocks ahead expectations that President-elect Joe Biden will unveil a more than $1 trillion fiscal package to boost the economy.
Federal Reserve Chairman Jerome Powell said Thursday, the central bank would allow the labor market to run hot and inflation to move above its 2% target over time, reaffirming market expectations that the central bank is in no rush to raise rates.
Markets closed a tad lower on Thursday amid stimulus (again!) optimism.