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Money & Markets

House approves pro-union bill despite dim Senate odds

WASHINGTON — The Democratic-led House on Tuesday approved legislation that would invigorate workers’ unions, following decades of court defeats and legislative setbacks that have kneecapped the labor movement’s once formidable ability to organize. The measure, which union leaders and ...

COVID bill to deliver big health insurance savings for many

WASHINGTON — Several million people stand to save hundreds of dollars in health insurance costs, or more, under the Democratic coronavirus relief legislation on track to pass Congress. Winners include those covered by “Obamacare” or just now signing up, self-employed people who buy ...

For the first time since COVID, profits are rising again

NEW YORK — The freefall for corporate profits because of the pandemic is over, at least for now. The last few companies are letting their investors know how much profit they made during the last three months of 2020, and if the trend holds, they’ll likely blow past expectations. Earnings ...

House passes sweeping voting rights bill over GOP opposition

WASHINGTON — House Democrats passed sweeping voting and ethics legislation Wednesday over unanimous Republican opposition, advancing to the Senate what would be the largest overhaul of the U.S. election law in at least a generation. House Resolution 1, which touches on virtually every ...

Biden urges Senate Dems to rally behind $1.9T virus bill

WASHINGTON — President Joe Biden urged Senate Democrats on Tuesday to rally behind a $1.9 trillion COVID-relief bill and stood by his proposed $1,400 payments to individuals, even as some party moderates sought to dial back parts of the package. “He said we need to pass this bill and ...

Minimum wage hike all but dead in big COVID relief bill

WASHINGTON — Democrats’ hopes of including a minimum wage increase in their $1.9 trillion COVID-19 relief bill seemed all but dead Monday as the Senate prepared to debate its own version of the House-passed aid package. Four days after the chamber’s parliamentarian said Senate rules ...