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The Finance 202: Biden fills out economic team as Trump s coalition continues to implode Tory Newmyer President-elect Joe Biden’s government is coming together as President Trump’s falls apart. The incoming president will nominate Rhode Island Gov. Gina Raimondo for commerce secretary and Boston Mayor Marty Walsh (D) for labor secretary. He is also set to tap Isabel Guzman, director of California’s Office of the Small Business Advocate, to lead the Small Business Administration; and Don Graves, a former economic advisor who went on to work at KeyBank, to serve as deputy commerce secretary, my colleagues report. The Cabinet picks balance Raimondo, a former venture capitalist who has clashed with organized labor, against Walsh, who has championed the needs of workers. And they amplify a signal Biden has been sending with other personnel decisions that his administration will thread the moderate and liberal wings of his party as he seek ....
By CHRISTOPHER RUGABER AP Economics Writer January 7, 2021 9:51 am 30 FILE - In this Dec. 14, 2020 file photo, Zeida Hernandez, of Tampa, Fla., left, makes Factory Throwout cigars using an antique hand-operated cigar machine at the J.C. Newman Cigar Co., Tampa s last cigar factory, in Fla. American factories grew in December at the fastest pace in more than two years as manufacturing continued to weather the pandemic better than the battered services sector. (Douglas R. Clifford/Tampa Bay Times via AP) $cvals WASHINGTON (AP) The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral pandemic and the damage it has inflicted on the economy for nearly 10 months. ....
Christopher Rugaber FILE - In this Dec. 14, 2020 file photo, Zeida Hernandez, of Tampa, Fla., left, makes Factory Throwout cigars using an antique hand-operated cigar machine at the J.C. Newman Cigar Co., Tampa s last cigar factory, in Fla. American factories grew in December at the fastest pace in more than two years as manufacturing continued to weather the pandemic better than the battered services sector. (Douglas R. Clifford/Tampa Bay Times via AP) January 07, 2021 - 7:16 AM WASHINGTON - The number of Americans seeking unemployment aid fell slightly last week to 787,000, a historically high number that points to a weak job market held back by the viral pandemic. ....