(Andrew Harrer)
Consumer Financial Protection Bureau, muzzled under Trump, prepares to renew tough industry oversight
After taking a largely hands-off approach in the Trump era, the consumer watchdog hatched by Elizabeth Warren is expected to resume issuing tough penalties and rules.
Cutting off stimulus checks to Americans earning over $75,000 could be wise, new data suggests
President Biden is debating another round of $1,400 stimulus payments. Some in Congress have urged the president to target aid to lower-income families only.
Biden’s commerce secretary pick pledges a tough line on China but doesn’t detail how she’d deal with Huawei
Rhode Island Gov. Gina Raimondo also pledged to help the U.S. economy recover from the pandemic, to expand broadband access to regions with patchy Internet connections, and to promote manufacturing and clean-energy jobs.
Road to Recovery
Third round of PPP lending tops $35 billion as SBA irons out glitches
The Small Business Administration is two weeks into its third round of coronavirus relief lending.
- Personal Finance
- Perspective
Many people may not get promised stimulus payments in hand if they owe back taxes
Backlogs and timing could prevent some Americans who owe Uncle Sam back taxes from receiving stimulus payments when they file their 2020 return to claim the Recovery Rebate Credit.
Twitter bans MyPillow CEO Mike Lindell
The fierce Trump ally doubles down on baseless claims of election fraud despite the costs to his business.
Why GameStop shares are on a wild, Reddit-driven run
Short sellers and retail investors have sent the video game company’s stock up more than 2,400 percent since its April lows.
Biden administration revives effort to put Harriet Tubman on $20 bill
The Trump White House delayed the plan to replace President Andrew Jackson.
- Business
- Analysis
Governors’ shutdowns did not cause the pandemic jobs crisis
People started staying at home before the shutdowns were ordered, data shows.
Pandemic aftershocks overwhelm global supply lines
One year after the coronavirus pandemic first disrupted global supply chains by closing Chinese factories, fresh shipping headaches are delaying U.S. farm exports, crimping domestic manufacturing and threatening higher prices for American consumers.
Biden wants to squeeze an extra shot of vaccine out of every Pfizer vial. It won’t be easy.
The Department of Health and Human Services is scrambling for supply of special syringes. It said it advised the FDA that the move authorizing six doses of the Pfizer vaccine per vial posed hurdles.
Union participation rose last year, even as pandemic wreaked havoc on the jobs market
Labor advocates found reasons for hope in the data, a deviation from decades of decline for union participation.
Walmart, Starbucks, Amazon and other corporate giants moving to speed up coronavirus vaccine rollout
Some of the nation’s best-known brands are harnessing their logistical and technological expertise to inoculate their communities against covid-19.
- Personal Finance
- Perspective
Another urgent item for Biden’s to-do list: The looming Social Security funding crisis
The reserves of the trust fund that pays retirement and survivor benefits will be unable to pay full benefits in 2034.
The Trump economy left Black Americans behind. Here’s how they want Biden to narrow the gaps.
Black Americans propelled Biden to the presidency. Now they’re counting on him to deliver on his promise to end systemic racism.
