U.S. stock benchmarks were sharply higher Wednesday amid a parade of corporate earnings results and ahead of the inauguration of Joe Biden as the 46th U.S. president. See full story.
Biden to overhaul U.S. pandemic management as death toll heads toward 402,000
The global case tally for the coronavirus-borne illness COVID-19 climbed above 96.2 million on Wednesday, and the U.S. death toll headed toward 402,000 as the nation braced for the inauguration of President-elect Joe Biden and his plans to overhaul the U.S. approach to the pandemic. See full story.
Trump pardons former adviser Steve Bannon, 142 others — but not himself
In his final hours in office, President Donald Trump granted pardons and commuted sentences for 143 people early Wednesday, including a pre-emptive pardon to former White House strategist Steve Bannon. Trump did not pre-emptively pardon himself or his family members. See full story.
Yellen confirmation hearing shows real fight will be over taxes
Janet Yellen’s confirmation hearing showed that Republicans are mainly focused on protecting their 2017 tax cuts. See full story.
Sensing a shifting tide with Biden tackling climate change, this major business lobby gets on board
The nation’s arguably leading pro-business lobby sees the incoming Biden administration’s pledge for climate-change action — including rejoining the Paris Accord that President Trump abandoned — as a can’t-miss chance to influence “market-based” policy on greenhouse gas emissions and more. See full story.
‘As bad as the pandemic was, we were hit so hard just like the entire world was hit so hard,’ the outgoing president said Wednesday during a farewell speech. See full story.