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Money & Markets

UK warns of ‘bumpy’ post-Brexit transition despite deal

LONDON — First came the Brexit trade deal. Now comes the red tape and the institutional nitty gritty. Four days after sealing a free trade agreement with the European Union, the British government warned businesses Monday to get ready for disruptions and “bumpy moments” when the new ...

Republicans block $2,000 virus checks despite Trump demand

WASHINGTON — House Republicans shot down a Democratic bid on Thursday to pass President Donald Trump’s longshot, end-of-session demand for $2,000 direct payments to most Americans as he ponders whether to sign a long-overdue COVID-19 relief bill. The made-for-TV clash came as the ...

Edging into Christmas Eve, EU and UK near Brexit trade deal

BRUSSELS — European Union and British negotiators inched their way to within touching distance of a trade deal early Thursday, raising hopes a chaotic economic break between the two sides on New Year’s Day could be averted, officials said. After resolving a few remaining fair-competition ...

US close on deal with Pfizer for millions more vaccine doses

WASHINGTON — The U.S. government is close to a deal to acquire tens of millions of additional doses of Pfizer’s vaccine in exchange for helping the pharmaceutical giant gain better access to manufacturing supplies. A person with knowledge of the negotiations told The Associated Press on ...

Congress averts shutdown; fight continues over pandemic aid

WASHINGTON — Congress passed a two-day stopgap spending bill Friday night, averting a partial government shutdown and buying yet more time for frustratingly slow endgame negotiations on an almost $1 trillion COVID-19 economic relief package. The virus aid talks remained on track, both ...

Snags on COVID-19 relief may force weekend sessions

WASHINGTON — It’s a hurry up and wait moment on Capitol Hill as congressional negotiators on a must-pass, almost $1 trillion COVID-19 economic relief package struggled through a handful of remaining snags Thursday. The holdups mean a weekend session now appears virtually certain, and a top ...