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Money & Markets

Biden meets Republicans on virus aid, but no quick deal

WASHINGTON — President Joe Biden met for two hours late Monday with a group of Republican senators who have proposed a slimmed down $618 billion coronavirus aid package that is only a fraction of the $1.9 trillion he is seeking. Skeptical Democrats vowed to push ahead in Congress with or ...

Biden opens ‘Obamacare’ window for uninsured as COVID rages

WASHINGTON — President Joe Biden on Thursday ordered government health insurance markets to reopen for a special sign-up window, offering uninsured Americans a haven as the spread of COVID-19 remains dangerously high and vaccines aren’t yet widely available. Biden signed an executive ...

Democrats to ‘act big’ on $1.9T aid; GOP wants plan split

WASHINGTON — Democrats in Congress and the White House rejected a Republican pitch to split President Joe Biden’s $1.9 trillion COVID-19 rescue plan into smaller chunks on Thursday, with lawmakers appearing primed to muscle the sweeping economic and virus aid forward without GOP ...

Apple posts big quarter on fast sales start for iPhone 12

SAN RAMON, Calif. — Apple’s delayed launch of its latest iPhones unleashed a holiday buying frenzy that propelled sales of the trendsetting company’s most popular product to its fastest start in years. The apparently pent-up demand for four different iPhone 12 models highlighted ...

Democrats prep Biden’s virus aid package with or without GOP

WASHINGTON — Senate Democrats are preparing to push ahead quickly on President Joe Biden’s $1.9 trillion COVID-19 relief package even if it means using procedural tools to pass the legislation on their own, leaving Republicans behind. Senate Majority Leader Chuck Schumer told senators to ...

Smaller investors face down hedge funds, as GameStop soars

NEW YORK — A head-scratching David and Goliath story is playing out on Wall Street over the stock price of a money-losing video game retailer. An army of smaller-pocketed, optimistic investors is throwing dollars and buy orders at the stock of GameStop — in direct opposition to a group of ...