"It is somewhat of a liberating feeling,” said Dr. Anthony Fauci, Biden's chief adviser, in his first briefing in weeks, following the president's unveiling of measures to battle COVID-19.
Business & Financial News, U.S & International Breaking News
Bitcoin heads for worst weekly loss in months
Bitcoin wavered on Friday and was heading toward its sharpest weekly drop since September, as worries over regulation and its frothy rally drove a pullback from recent record highs.
Analysis: Wall Street hedges against possible bumps in U.S. vaccine rollout
As U.S. stock prices have marched to record highs, futures contracts for Wall Street's "fear gauge" show some investors are buying insurance against market turbulence that could erupt if surprise glitches hit the U.S. rollout of COVID-19 vaccines.
Biden seeks five-year extension of New START arms treaty with Russia
U.S. President Joe Biden will seek a five-year extension to the New START arms control treaty with Russia, the White House said on Thursday, in one of the first major foreign policy decisions of the new administration ahead of the treaty's expiration in early February.
Stocks ease as gloomy data takes shine off U.S. stimulus hopes
Global shares slipped off record highs on Friday as gloomy data reminded investors of the struggles facing the economic recovery, curbing a rally fuelled by hopes of U.S. stimulus by newly inaugurated President Joe Biden.
Trump hires South Carolina lawyer Bowers for impeachment defense
Former President Donald Trump has hired South Carolina-based lawyer Butch Bowers to represent him in his Senate impeachment trial over a charge that he incited insurrection, a source familiar with the matter said on Thursday.
Indonesia probing whether faulty system contributed to Sriwijaya Air crash
Indonesia's air accident investigator is probing whether a problem with the autothrottle system, that controls engine power automatically, contributed to the Sriwijaya Air crash on Jan. 9 that killed all 62 people on board, an official said on Friday.
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