by Reuters | Jan 22, 2021 | Business, Economy, Health, Politics, Top News, US
By Nandita Bose and Doina Chiacu WASHINGTON (Reuters) – U.S. President Joe Biden on Friday ordered the faster issuance of pandemic stimulus checks to needy families and increased food aid for children who normally rely on school meals, an effort to ease...
by Reuters | Jan 22, 2021 | Business, Economy, US
By Echo Wang NEW YORK (Reuters) – The Dow and S&P 500 ended modestly lower on Friday, dragged down by losses in blue-chip technology stalwarts Intel and IBM following their quarterly results, as hopes for a full economic reopening in the coming months waned....
by Reuters | Jan 22, 2021 | Business, Economy, US
By Matt Scuffham NEW YORK (Reuters) – Morgan Stanley Chief Executive James Gorman’s annual pay rose by $6 million, or 22%, last year, according to a regulatory filing released on Friday. Gorman will receive $33 million for his work in 2020, compared with...
by Reuters | Jan 22, 2021 | Asia, Business, Economy, Elections, Environment, Europe, Middle East, Politics, Top News, US
By David Lawder and Andrea Shalal WASHINGTON (Reuters) – The U.S. Senate Finance Committee on Friday unanimously approved Janet Yellen’s nomination as the first woman Treasury secretary, indicating that she will easily win full Senate approval, but...
by Reuters | Jan 22, 2021 | Business, Economy, Technology, US
By Lewis Krauskopf NEW YORK (Reuters) – A bevy of major U.S. earnings reports next week led by Apple, Microsoft and Facebook could help technology and growth stocks reassert their dominance after a recent run by banks, energy and other potential beneficiaries of...
by Reuters | Jan 22, 2021 | Business, Economy, Europe, Middle East, UK, US
By Laura Sanicola NEW YORK (Reuters) – Oil prices settled lower on Friday, weighed down by a build in U.S. crude inventories and worries that new pandemic restrictions in China will curb fuel demand in the world’s biggest oil importer. Brent crude futures...