Biden Could Use National Guard to Help With Supply Chain Bottlenecks
President says he would consider such a deployment to assist with supply-chain bottlenecks that have led to shortages and higher consumer costs if his administration is unable to ease the problem.
S&P 500 Edges Higher to Record
The S&P 500 inched ahead to a record close, continuing a weekslong upward march driven by strong corporate earnings and optimistic numbers on the labor market.
Democrats Weigh Tax Alternatives to Fund $2 Trillion Package
Sen. Kyrsten Sinema objected to any increases in top marginal rates on corporations, individuals or capital gains.
U.K. Consumer Confidence Falls to Eight-Month Low
Consumer confidence in the U.K. declined in October for the third straight month as expectations for the economy over the coming year deteriorated sharply.
Fed Imposes New Restrictions on Officials' Investment Activities
Rules prohibiting trading of individual stocks and bonds, when officials can buy diversified securities, follow revelations of active trading last year as the Fed responded to Covid-19.
Bitcoin Is Back Near Record Highs, and a Houston Pension Plan Dives In
The fund for the city's firefighters buys $25 million of the cryptocurrencies bitcoin and ether, as digital assets attract institutional investors.
Deutsche Bank Whistleblower Gets $200 Million for Aiding Libor Probe
A whistleblower whose information helped U.S. and U.K. regulators investigate the manipulation of global interest-rate benchmarks by Deutsche Bank was awarded nearly $200 million for assisting the probe, according to people familiar with the matter.
America's Housing Boom Will Keep Builders and Agents Busy
There is no more off-season for housing as builders and buyers make up for lost time.