Sen. Grassley, 87, says he tested positive for coronavirus

WASHINGTON (AP) — Iowa Sen. Chuck Grassley, the longest-serving Republican senator and third in the line of presidential succession, said he has tested positive for the coronavirus. ...

Business Highlights

___ Controversial Fed nominee Shelton stalls in Senate test vote WASHINGTON (AP) — President Donald Trump’s controversial nominee to the Federal Reserve has stalled...

Controversial Federal Reserve pick Judy Shelton fails to advance in key Senate test vote; future of nomination uncertain

WASHINGTON (AP) — Controversial Federal Reserve pick Judy Shelton fails to advance in key Senate test vote; future of nomination uncertain.

Fed's Powell says virus spike threatens U.S. economy

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that the nationwide surge in confirmed coronavirus could slow the economy in the months ahead by discouraging consumers from spending...

Fed's Brainard urges greater diversity in field of economics

WASHINGTON (AP) — A Federal Reserve official widely considered a front-runner to be tapped as President-elect Joe Biden's Treasury Secretary is urging universities and government agencies to make the ...

Controversial Fed nominee Shelton faces razor-thin vote

WASHINGTON (AP) — Judy Shelton, President Donald Trump's controversial nominee to the Federal Reserve, faces a razor-thin confirmation tally on Tuesday as the Republican-controlled Senate continues to...

US industrial production jumps 1.1% in October

SILVER SPRING, Md. (AP) — U.S. industrial production rose 1.1% in October, recovering much of the spring decline caused by the virus pandemic. Production rebounded after a downturn ...

Business and economic events scheduled for Tuesday

Business and economic events scheduled for Tuesday. All times are Eastern. WASHINGTON — Commerce Department releases retail sales data for October, 8:30 a.m. ...

Today in History

Today in History Today is Monday, Nov. 16, the 321st day of 2020. There are 45 days left in the year. Today’s Highlight in History: On Nov. 16,...

Business events scheduled for the coming week.

Business events and economic reports scheduled for the coming week. All times are Eastern. TUESDAY, Nov. 17 WASHINGTON — Commerce Department relea...

Business Highlights

___ 709,000 seek US jobless aid as pandemic escalates WASHINGTON (AP) — The number of people seeking unemployment benefits fell last week to 709,000, the fourth str...

Senate likely to vote on controversial Fed pick next week

WASHINGTON (AP) — President Donald Trump's unorthodox choice for the Federal Reserve Board of Governors, Judy Shelton, could be voted on by the Senate next week, Majority Leader Mitch McConnell's offi...

Business events scheduled for the coming week

Business events and economic reports scheduled for the coming week. All times are Eastern. TUESDAY, Nov. 17 WASHINGTON — Commerce Department relea...

Top central bankers: Economy needs help despite vaccine news

FRANKFURT, Germany (AP) — Three of the globe's top central banks said the world economy continues to need help despite news of progress toward a COVID-19 vaccine, with U.S. Federal Reserve Chair Jerom...

History points to post-election gains for Wall Street

Wall Street is moving past the uncertainty of election season and, if history is a guide, investors can indeed breathe a sigh of relief. Stocks typically post solid gains following a...