All presidents come into office vowing to rapidly put into effect an ambitious agenda. But for Joe Biden, the raging coronavirus pandemic and the economic pain it is causing means many things must get done quickly if he wants to get the economy going. In a speech Thursday on his $1.9 trillion spending proposal, Biden repeatedly stressed the need to act “now.”
UnitedHealth’s fourth-quarter earnings tumbled as costs from COVID-19 hit the health insurance provider, but results still easily beat expectations.
The small South American country has become a hot prospect for oil companies looking to produce fossil fuels while spending less.
Nearly 3,000 residents of Genesis Healthcare nursing homes have died from covid-19. The company's CEO got a $5.2 million "retention" payment in October, then announced he was retiring in January.
Unlike his predecessor, who inherited a booming economy and a world at peace but could only see “carnage,” Biden looked out from a ransacked Capitol to a country reeling from pandemic and riven with injustice and saw the possibility for renewal and rebuilding.
U.S. stocks are rallying to records Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy.