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Economic News

Fri, Jan 22nd, 2021
Biden ordering stopgap help as talks start on big aid plan

BALTIMORE (AP) — President Joe Biden took executive action Friday to speed a stopgap measure of financial relief to millions of Americans affected by the coronavirus pandemic while Congress begins to...

The Latest: California reports one-day record high deaths

SACRAMENTO, Calif. — California is reporting a one-day record of 764 COVID-19 deaths but the rate of new infections is falling.

PFE : 36.55 (+0.19%)
Mixed finish on Wall Street as worldwide rally takes a pause

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.

Biden's executive actions for economic relief at a glance

WASHINGTON (AP) — President Joe Biden signed a pair of executive orders Friday aimed at offering a quick dose of relief to an economy still being hammered by the coronavirus. Both measures were largely...

Biden halts border wall building after Trump's final surge

SAN DIEGO (AP) — In the days before Joe Biden became president, construction crews worked quickly to finish Donald Trump’s wall at an iconic cross-border park overlooking the Pacific Ocean, which then-first...

Existing home sales rise in 2020 to highest in 14 years

WASHINGTON (AP) — Sales of existing homes rose 0.7% in December, pushing the entirety of 2020 to a pace not seen in 14 years and providing one of the few bright spots for a U.S. economy mired in a global...

Google threatens to pull search engine in Australia

WELLINGTON, New Zealand (AP) — Google on Friday threatened to make its search engine unavailable in Australia if the government went ahead with plans to make tech giants pay for news content.

GOOGL : 1,892.56 (+0.45%)
Sales of existing homes up 0.7% in December, pushing 2020 sales pace to a level not seen in 14 years

WASHINGTON (AP) — Sales of existing homes up 0.7% in December, pushing 2020 sales pace to a level not seen in 14 years.

Turkey's Erdogan says extra 10M doses of Chinese vaccine due

ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan said Friday that a further 10 million doses of the Chinese CoronaVac vaccine could arrive in Turkey by this weekend.

Nissan commits to UK car plant after post-Brexit trade deal

LONDON (AP) — Japanese carmaker Nissan confirmed Friday that it will maintain its operations in Britain in the wake of the post-Brexit trade deal between the country and the European Union.

Asian stocks sink after China coronavirus resurgence

BEIJING (AP) — Asian stock markets retreated Friday after a resurgence of coronavirus infections in China and a rise in cases in Southeast Asia.

KEY : 18.20 (+0.28%)
The Latest: Shanghai locks down 2 major hospitals over cases

BEIJING — Shanghai has imposed lockdowns on two of China’s best-known hospitals after they were linked to new coronavirus cases.

PCRFY : 14.1000 (+2.47%)
PFE : 36.55 (+0.19%)
LLY : 206.14 (+1.87%)
ABT : 112.84 (-0.10%)
Biden Cabinet: Buttigieg urges big funds for Transportation

WASHINGTON (AP) — President Joe Biden’s nominee for secretary of transportation, Pete Buttigieg, was headed down a smooth path to quick confirmation, pledging to senators on Thursday to work with them...

BA : 205.84 (-0.76%)
EU leaders agree to keep borders open, want to limit travels

BRUSSELS (AP) — European Union leaders agreed that borders should remain open and assessed more measures to counter the spread of coronavirus variants during a video summit Thursday as the bloc's top...

Biden revokes Trump order banning some diversity training

NEW YORK (AP) — Civil rights groups on Thursday celebrated President Joe Biden’s swift revocation of a Trump administration order that had banned federal agencies, contractors and recipients of federal...

Chicago teachers begin vote to defy order to return to class

CHICAGO (AP) — Chicago teachers began voting Thursday to defy orders to report for in-person class next week ahead of elementary students' return, actions the nation's third-largest school district said...

Trump returns to a business empire ravaged by pandemic

NEW YORK (AP) — Donald Trump is returning to a family business ravaged by pandemic shutdowns and restrictions, with revenue plunging more than 40% at his Doral golf property, his Washington hotel and...

Biden inherits damaged economy, with signs of hope emerging

WASHINGTON (AP) — President Joe Biden has inherited a badly damaged economy pulverized by the pandemic, with 10 million fewer jobs than a year ago and as many as one in 6 small businesses shut down.

UNP : 207.13 (-0.37%)
US long-term mortgage rates slip; 30-year loan at 2.77%

WASHINGTON (AP) — U.S. long-term mortgage rates slipped this week while remaining at record-low levels.

European Central Bank stimulus on track as economy struggles

FRANKFURT, Germany (AP) — With more than a trillion euros in stimulus still in the pipeline to the economy, the European Central Bank left its key bond-purchase program unchanged Thursday as the 19-country...

Chart of the Day

Tata Motors Ltd (TTM)

The Barchart of the Day  belongs to the global auto manufacturer Tata Motors (NYSE: TTM ).   I found the stock by using Barchart's powerful screening tools to find the stocks with the highest Weighted Alpha and technical buy signals. After I sorted for the most frequent number of new highs in the last...
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