Mnuchin Declines to Extend Several Fed Emergency Lending Programs

Treasury Secretary Steven Mnuchin declined to extend several emergency loan programs established jointly with the Federal Reserve that are set to expire on Dec. 31. 


 
Two Fed Officials Voice Concern on Economy as Virus Cases Surge

"The fact that we don't have a fiscal package is very concerning," Cleveland Fed leader Loretta Mester said. 


 
U.S. Hospitalizations Set Daily Records for More Than a Week

The number of Covid-19 hospitalizations nationwide set a new record every day since Nov. 10, rising 28% over the past nine days. 


 
Stocks Flip Higher, Led by Tech Shares

U.S. stocks reversed early losses to end the day slightly higher, powered by the big technology stocks that have driven much of the market's rally this year. 


 
WHO Recommends Against Use of Gilead Covid-19 Drug Remdesivir

The World Health Organization said there isn't evidence that the antiviral drug reduces deaths or recovery times for patients suffering from the coronavirus. 


 
FDA to Get Application for First Covid-19 Vaccine Friday

A vaccine partnership involving Pfizer and German company BioNTech plans to file with the Food and Drug Administration Friday for possible FDA clearance of a vaccine, according to Health and Human Services Secretary Alex Azar. 


 
U.S. Businesses in China More Optimistic With Biden Presidency

American companies believe bilateral relations will be more stable under a Biden administration, a postelection survey by the American Chamber of Commerce in Shanghai shows. 


 
Coronavirus Once Again Forces Brexit Talks to Go Virtual

With Brexit negotiations already long past the original deadline, efforts to seal a trade deal are once again facing a whole new complication: the coronavirus. 


 
UK Retail Sales Rise Despite Covid-19 Spike

Retail sales in the U.K. rose by an above-forecast 1.2% in October, the sixth consecutive month of gains and despite a surge in coronavirus cases across the country. 


 
Trump Administration to Release New Rules Reducing Drug Costs

The plans, slated to be announced Friday, have been a signature pledge of President Trump's since his 2016 election campaign.

(END) Dow Jones Newswires

11-20-20 0315ET