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Selection of Janet Yellen as Treasury Secretary Lifts Stocks: Live Business Updates U.S. stocks were set to gain for a second day on Wednesday, buoyed by news that President-elect Joseph R. Biden Jr. had chosen a former Federal Reserve chair, Janet L. Yellen, to be the next Treasury secretary. Most European and Asian stock markets ...
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Dow tops 30000 for the first time ever as Biden transition begins New York (CNN Business) Investors have a lot to be thankful for this holiday-shortened week — including the Dow passing the 30,000 milestone for the first time as stocks posted solid gains Tuesday to extend Monday's rally. The Dow was up more than 450 ...
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Dow closes above 30000 for the first time By closing bell, the Dow Jones industrial average shot up nearly 455 points, or 1.5 percent, to 30,046.24. The S&P 500 advanced more than 57 points, or 1.6 percent, to close at 3,635.41, while the tech-heavy Nasdaq 100 jumped 156 points, or 1.3 percent, to ...
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Janet Yellen Has Excelled at Big Jobs. This Will Be the Hardest One Yet. The Treasury secretary acts as the United States' chief financial diplomat, and in that role she will face the unenviable task of trying to reshape a world economic system that has been disrupted by the Trump administration's trade wars and a bipartisan rise in ...
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Yellen Will Confront a Cooling Economic Recovery, Uncertain Stimulus Prospects WASHINGTON—Janet Yellen, President-elect Joe Biden's nominee to be Treasury secretary, will confront an economic recovery that appears to be losing momentum and uncertain prospects for additional stimulus from Congress. If confirmed by the Senate, ...
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Janet Yellen's first battle is already taking shape A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business) President-elect Joe Biden has made the historic decision to tap Janet Yellen, former chair of the Federal ...
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Yellen Would Assume Vast Policy Portfolio as Treasury Secretary As Treasury secretary, Ms. Yellen will be the Biden administration's chief economic diplomat and will face the challenge of re-engaging with American allies that have been put off by President Trump's "America first" economic policies, including his use of tariffs.
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RPT-Bitcoin at $100000 in 2021? Outrageous to some, a no-brainer for backers (Repeats to fix format, no change to text). NEW YORK, Nov 24 (Reuters) - Bitcoin investors, which include top hedge funds and money managers, are betting the virtual currency could more than quintuple to as high as $100,000 in a year. It's a wager that has ...
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The Best Target Black Friday Deals A Target store is a magical place where somehow you always wind up with many more irresistible items in your cart than you had planned on purchasing. (The same goes for its never-ending website, with its pages and pages and pages of things.) ...
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Pfizer's Coronavirus Vaccine Supply Contract Excludes Many Taxpayer Protections When the Department of Health and Human Services released Pfizer's $1.95 billion coronavirus vaccine contract with Operation Warp Speed last Wednesday, the agreement revealed that the Trump administration didn't include government rights to ...
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