Lawmakers Examine GameStop Trading Frenzy
Executives of Robinhood and other companies involved in the recent stock-trading saga are facing questions from the House Financial Services Committee.
Stocks Fall, Weighed Down by Tech Losses
Major indexes dropped as technology shares continued to decline and a jobless claims report signaled a halt in the trend that pointed to an improving labor market.
Yellen Defends Biden Administration's $1.9 Trillion Covid-19 Relief Bill
The treasury secretary is hoping to see it enacted in coming weeks, adding that the economy is "digging out of a deep hole."
Jobless Claims Rise, Pausing Recent Downward Trend
Worker applications for unemployment benefits increased to 861,000 last week, halting a downward trend that pointed to an improving labor market.
U.S. Natural Gas Shortage Hampers Blackout Recovery
Frozen oil and gas wells and pipeline infrastructure have reduced the fuel available to power plants as companies seek to restore electricity to millions this week.
Farmers From Kansas to Alabama Have Never Dealt With Weather Like This
Energy shortages forced meat-processing plants to temporarily close, while ice buildups kept grain barges off rivers and cattle ranchers struggled to save calves from the cold.
Climate Change Already Affecting Economy, Fed's Brainard Says
Federal Reserve governor Lael Brainard's speech reaffirmed that the central bank largely sees its climate change role as part of its oversight of financial firms.
Chinese Consumers Were Big Spenders During the Lunar New Year Holiday
Chinese consumers opened up their wallets over the weeklong Lunar New Year holiday, energizing a domestic retail and service sector that has proved a stubborn laggard in China's economic recovery.
Newly Reported Cases in U.S. Stay Below 80,000
Newly reported coronavirus cases in the U.S. remained under 80,000 for the fourth day in a row, while hospitalizations fell to their lowest level since Nov. 10.
How ASML Became Europe's Most Valuable Tech Company
The Dutch manufacturer of semiconductor equipment has enjoyed a meteoric rise and looks set for further innovation and growth
(END) Dow Jones Newswires
02-18-21 1915ET
