Democrats’ Senate Sweep in Georgia Signals Boost to Economy
Chances of another federal stimulus package got a boost as Democrats swept this week’s Senate runoff elections in Georgia, offering the prospect of more support for people and businesses hammered by the pandemic.
January 6, 2021OPEC+ Meets to Discuss Output Hike, With Saudis Urging Caution
Saudi Arabia urged caution as OPEC+ gathered to discuss whether to hike supply again in February, with many countries wary of undermining a fragile recovery.
January 4, 2021Congress Gets Text of $900 Billion Relief Bill Hours Before Vote
The House released the text of a massive 5,593-page package of legislation that combines pandemic relief with a bill to fund government operations just hours before lawmakers were set to cast their votes on Dec. 21.
December 20, 2020LNG Surges to Six-Year High With Cold Snap in Importing Nations
Liquefied natural gas has made a dramatic rebound from a pandemic-induced demand collapse, and the rally in the heating and power-plant fuel could extend into next year.
December 18, 2020CEO of Arrival Aims to Make Electric Buses, Vans in Microfactories
Russian-born entrepreneur Denis Sverdlov wants to revolutionize automaking, replacing Henry Ford’s century-old conveyor-belt assembly lines with tiny factories that cost far less.
December 16, 2020Pfizer Vaccine Cleared in US
Pfizer Inc. gained emergency U.S. authorization for its COVID-19 vaccine on Dec. 11, completing an unprecedented scientific sprint that could eventually help bring an end to a pandemic that has killed nearly 300,000 Americans.
December 11, 2020Bipartisan Relief Plan Released With Key Hurdles Unresolved
The Democratic and Republican lawmakers working on a compromise pandemic relief plan delivered a more detailed summary of their proposal Dec. 9 but haven’t yet resolved the deadlock over a business liability shield and aid to state and local governments.
December 9, 2020Some Experts See Plane-Crash Risk Rising on Expansion of 5G Spectrum
A plan to redeploy spectrum for super-fast 5G wireless networks is sparking concern among aviation safety experts that it could result in interference with the electronics on aircraft, potentially leading to crashes.
December 7, 2020OPEC+ Agrees on Gradual Easing of Oil-Output Cuts Next Year
The Organization of Petroleum Exporting Countries and its allies reached an agreement to ease its oil-output cuts next year more gradually than previously planned, giving a fragile market more time to absorb the extra supply.
December 3, 2020Bipartisan Senate Group Pitching $908 Billion Stimulus Plan
A bipartisan group of lawmakers in the House and Senate unveiled a $908 billion stimulus proposal Dec. 1 in an effort to break a monthslong impasse that is threatening to tip the economy back into contraction.
December 1, 2020