Dow Edges Up to Record

Stocks ended mixed as investors focused on additional fiscal stimulus spending and the vaccine rollout. 


 
Winter Storm Creates Havoc Across U.S.

From power outages to disrupted Covid-19 vaccinations, the snow, ice and stinging cold are upending life for millions. 


 
Bitcoin Trades Above $50,000 for First Time

The digital currency's value has doubled in less than two months, with a total market value in circulation of $940 billion. 


 
Europe Faces Tough Task in Weaning Economy Off $1.8 Trillion in Relief

The region's economy has relied on government relief programs to provide a third of all lending to businesses, revealing the scale of the challenge ahead as the region opens up and support measures are withdrawn. 


 
Biden Administration Extends Covid-19 Mortgage Relief

The White House said that it would extend a ban on home foreclosures for federally backed mortgages through June 30. 


 
SoftBank Stock Sets New Record

The Japanese tech investor run by Masayoshi Son is again riding a wave of optimism, but it enjoys a stronger foundation than it did in the 2000 internet bubble. 


 
Covid-19 Variants Outpace Europe's Slow Vaccine Rollout

The spread of highly contagious coronavirus variants is accelerating in Europe, outpacing an already-slow vaccine rollout and forcing governments to extend and possibly tighten restrictions to prevent a new surge before the end of the region's winter. 


 
Ex-Goldman Sachs Analyst and Brother Charged In U.K. Insider Trading Case

A former Goldman analyst and his lawyer brother were criminally charged by the U.K. financial regulator with fraud and insider trading after allegedly profiting from information about deals that the bank worked on. 


 
Newly Reported U.S. Cases at Lowest Since October

Newly reported Covid-19 cases in the U.S. fell to their lowest level in nearly four months over Presidents Day weekend, and daily reported deaths declined sharply from a recent spike. 


 
New Rule on 401(k) Rollovers Takes Effect

The Biden administration is sticking with a Trump-era approach to retirement accounts that gives consumers stronger protection against bad financial advice on the rollover of their 401(k) accounts.

(END) Dow Jones Newswires

02-16-21 1915ET