Japanese shares inched higher on Monday as optimism around the passage of a massive U.S. stimulus package boosted cyclical stocks, although declines in SoftBank Group and other tech companies limited gains.
With a promise of "shots in arms and money in pockets," President Joe Biden on Monday kicked off a week of promotion and travel for the $1.9 trillion pandemic relief bill he signed into law last week to help the country move past the COVID-19 pandemic.
With a promise of "shots in arms and money in pockets," President Joe Biden on Monday kicked off a week of promotion and travel for the $1.9 trillion pandemic relief bill he signed into law last week to help the country move past the COVID-19 pandemic.
A surge in bond yields, fears about rising inflation and a jump-forward in interest rate expectations will be top of mind for investors at this week's Federal Reserve policy meeting.
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WASHINGTON (Reuters) - President Joe Biden declined on Sunday to call on New York Governor Andrew Cuomo to resign over sexual misconduct allegations, saying he wanted to await the outcome of an investigation into the matter.
Asked on returning from Delaware if Cuomo, a fellow Democrat, should step down, Biden told reporters: “I think the investigation is under way and we should see what it brings us.”
Cuomo faces accusations of sexual harassment and misconduct leveled by at least seven women, including former aides, and has come under pressure from disclosures that his administration withheld the number of nursing home residents killed in the state by COVID-19.