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Money & Markets

NRA fights for its future in Texas, New York courts

NEW YORK — The National Rifle Association is in a double-barreled legal battle for its future, moving forward with its bankruptcy case while fighting accusations it only sought Chapter 11 protection to avoid a potentially crippling lawsuit. Lawyers for the influential advocacy group told a ...

Yellen pushes GOP senators on $1.9 trillion relief package

WASHINGTON — Janet Yellen, President-elect Joe Biden’s choice as Treasury secretary, said Tuesday that the incoming administration would focus on winning quick passage of its $1.9 trillion pandemic relief plan, rejecting Republican arguments that the measure is too big given the size of ...

Yellen urges Congress to do more to fight pandemic recession

WASHINGTON — Treasury Secretary nominee Janet Yellen is calling on Congress to do more to fight a deep pandemic-induced recession, saying the threats of a longer and even worse downturn are too great to cut back on support now. “Without further action, we risk a longer, more painful ...

Biden’s test: Economic boom in a partisan divide

BALTIMORE — When Joe Biden entered the White House as vice president, the economy was cratering. Job losses were mounting. Stocks were crashing. Millions of Americans were in the early stages of losing their homes to foreclosure as the housing bubble burst. Biden returns to the White House ...

Biden’s aid plan could revamp economy, prompt GOP resistance

BALTIMORE — The $1.9 trillion rescue plan unveiled by President-elect Joe Biden offers the chance to sculpt the U.S. economy toward the Democrats’ liking: a $15 minimum wage, aid to poor families and federal dollars going to public schools. It’s an ambitious effort that would arrive ...

Biden unveils $1.9T plan to stem virus and steady economy

WILMINGTON, Del. — Saying the nation faces “a crisis of deep human suffering,” President-elect Joe Biden unveiled a $1.9 trillion coronavirus plan Thursday to turn the tide on the pandemic, speeding up vaccines and pumping out financial help to those struggling with the prolonged ...