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World 21 Dec 2020 | 8:28 AM

Factbox: What's in the $900 billion U.S. COVID-19 aid package?

WASHINGTON (Reuters) - U.S. congressional leaders said on Sunday they had reached agreement on a $900 billion package to provide the first new aid in months to an economy hammered by the novel coronavirus pandemic, with votes likely on Monday.

World 20 Dec 2020 | 4:32 AM

Roundup: U.S. equities post weekly gains amid stimulus talks, Fed decision

NEW YORK, Dec. 19 (Xinhua) -- Wall Street's major averages eked out gains in the week as investors monitored negotiations on additional U.S. fiscal stimulus and pored through the Federal Reserve's latest statement.

World 17 Dec 2020 | 5:34 AM

U.S. Fed chair says case "very strong" for fiscal policy as Americans set to lose relief benefits

WASHINGTON, Dec. 16 (Xinhua) -- U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that the case for fiscal policy right now is "very strong" as millions of Americans are set to lose pandemic relief benefits by the end of the year.

World 16 Dec 2020 | 7:13 AM

U.S. stocks rally amid stimulus hopes

NEW YORK, Dec. 15 (Xinhua) -- U.S. stocks advanced on Tuesday, bolstered by renewed hopes on an additional COVID-19 aid package.