Biden vows to 'act fast' on US stimulus amid weak January hiring
Biden's efforts received a big endorsement, when IMF chief Kristalina Georgieva offered her support for the plan, and rejected the notion it was excessive.
Democrats push stimulus and $1,400 checks, with or without Republicans
The proposal has a $15 minimum wage, a third round of $1,400 checks and extensions to federal protections
'Cobra Kai' season 4 to start production soon
Casting calls hinted at the start of filming for "Cobra Kai" season 4 this week.
Third stimulus check: $1,400 payment may arrive by late February, economist suggests
The new round of payments will include dependents over the age of 17
Biden unveils $1.9 tn economic plan as US recovery buckles
Dubbed the American Rescue Plan, the proposal released Thursday includes a host of measures aimed at revitalizing the world's largest economy.
Asian markets mostly up on US relief bill
The emergency US package is part of a larger spending bill that, with Trump's signature, will avoid a government shutdown on Tuesday.
Trump, under pressure, signs $900 bn Covid relief bill
For days, Trump refused to put his signature on the relief package approved overwhelmingly by Congress following months of negotiation, calling it a "disgrace."
Spain's King Felipe subtly addresses father Juan Carlos' scandal in Christmas speech
Juan Carlos and his former mistress Corinna zu Sayn-Wittfenstein are under investigation for financial irregularities.
US Congress fails to agree to boost stimulus checks
The stock market has shrugged off the political chaos, closing higher for the past two days, focusing on hopes the coronavirus vaccine rollout will bring an economic recovery.
Asian markets fall as virus surge leads to new lockdowns
The pound was holding up as British and European Union negotiators pressed ahead with talks on a trade deal with just over two weeks until the December 31 deadline.
Vaccine, Brexit hopes buoy global stocks; US retreats
British Prime Minister Boris Johnson and EU chief Ursula von der Leyen had said after a crisis call that they would "go the extra mile" to find common ground.
Global stocks mixed as pound sinks and Airbnb surges
Johnson warned last-gasp talks for a Brexit trade deal with the European Union could fail, and urged the public to prepare for a "no deal."
Boeing shares surge on big 737 MAX order, global stocks mixed
Shares in Boeing jumped 6.0 percent, helping to lift the Dow on a mixed day for US equities.
Saudi Prince vows 'iron fist' against extremists after attacks
The Islamic State group on Thursday claimed responsibility for the bombing, saying it was to protest the cartoons printed by the satirical French magazine Charlie Hebdo.
Equities rally after Biden is declared winner of US vote
While Trump is yet to concede, it is widely accepted that Biden will become the 46th president, removing a crucial hurdle for equity traders this year.
Global stocks surge, dollar slumps as Americans head to polls
The United States is in dire need of a fresh rescue package as the disease flares up again.
Trump vs Biden: Fed in holding pattern amid tense US election
Weekly applications for jobless benefits remain higher than the worst of the 2008-2010 global financial crisis.
Global stocks plunge on virus restrictions, US jobs data
Labor Department data showed new applications for US jobless benefits rose to a seven-week high of 898,000 last week, an increase of 53,000.
Equities down on coronavirus woes
Executives from large US banks said additional support was needed for the coronavirus-ravaged economy.
Saudi hosts G20 talks on virus recovery, debt relief
The World Bank on Monday said the debt of the world's 73 poorest countries grew 9.5 percent last year to a record $744 billion.
Air hostess arrested for drug dealing following COVID-19 job loss
After losing her job, the air hostess started storing and transporting drugs for her boyfriend, she met on a dating site.
UK finance minister Rishi Sunak in balancing act over virus plan
Commentators argue that a combination of taxation, inflation, spending cuts, and even economic growth could help balance the books for Sunak.
Asian markets weighed by virus spikes and stimulus gridlock
A key worry is a spike in new virus cases in key economies that have led to containment measures being reimposed.
Shut UK nightclubs worry about not seeing light of day
Six months after Covid-19, London's dance venues like Printworks and similar ones across Britain are closed, and there is no knowing when they will reopen.
Fed seeks to offer reassurance amid push for new US stimulus
The two-day event concludes amid a renewed push by a top lawmaker in Washington to agree on an additional spending bill to prop up the economy.
Asian markets struggle to bounce back after rout
China-US tensions and a lack of progress in Washington stimulus talks -- all against the backdrop of the coronavirus -- were keeping markets from surging.
Australia enters recession after three decades of growth
A recession is defined as two consecutive quarters of contraction. Australia's economy shrank 0.3 percent in the previous three months.
Germany extends shorter work hours scheme
The shorter-hours programme - Kurzarbeit, sees the German government cover around two-thirds of workers' wages when employers slash their hours to save costs.
Euro weakens on virus woes, pound falls on Brexit stalemate
The tech sector has been a consistent bright spot amid the severe coronavirus downturn in the United States.
Israeli planes hit Gaza after rocket fire
Israel has bombed Gaza almost every night since August 6 in retaliation for the balloons or, less frequently, rocket fire, from across the border.