President-elect Joe Biden is planning to nominate Janet Yellen to head the Treasury Department. Business Insider reports if the US Senate confirms Yellen, she will be the first woman to hold the job. Yellen served as Fed Chair during President Barack Obama's second term, from 2014 to 2017. President Donald Trump replaced her with Jerome Powell as head of the Fed.
[NFA] Republicans appeared poised to retain control of the U.S. Senate on Wednesday, after Senator Susan Collins defied political odds to win re-election in Maine and other Republican incumbents led Democrats in a handful of undecided races. Colette Luke has the latest.
Former NASA astronaut Mark Kelly appeared poised to beat Republican Martha McSally in Arizona late Tuesday night, citing the late John McCain and his wife, a former lawmaker and gun violence survivor, as inspirations.
Jennifer Lawrence has joined the celebrities endorsing Democratic U.S. presidential candidate Joe Biden after confessing she was once a "little Republican", who voted for late Senator John McCain over Barack Obama.
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[NFA] President-elect Biden was formally given the go-ahead by a key federal agency to begin his transition to the White House, shortly after Michigan certified him as the state's winner. This report produced by Chris Dignam.
Kamala Harris is making history as the first Black woman elected vice president of the United States, shattering barriers that have kept men — almost all of them white — entrenched at the highest levels of American politics for more than two centuries.
Al Roker shared Friday on "Today" that he has been diagnosed with prostate cancer. The beloved TV weatherman will undergo surgery for the condition. Roker said it was discovered after a routine medical checkup in September. According to CNN, 1 in 9 men will be diagnosed with the disease in their lifetime. That risk increased to 1 in 7 for African American men. Roker's co-anchors rallied around him and he said he's feeling optimistic about his cancer treatment.
President Donald Trump is upset with how his legal team has handled his insistence that the 2020 presidential election be overturned. Business Insider reports a source says Trump is worried that the team is made up of 'fools' who are 'making him look bad.' Trump has also reportedly complained about Rudy Giuliani's appearance--literally--at a bizarre news conference last week.
Last year Tesla CEO Elon Musk predicted autonomous driving would boost his company's market capitalization to $500 billion. On Monday, Tesla's market cap soared as high as $498 billion even though Tesla is still refining its self-driving software. Business Insider reports that it has only released a beta version to a limited number of customers. Musk made the claim during an investor call in May 2019, when Tesla's market cap was less than $45 billion, CNBC reported.
On Monday, Netflix announced "The Queen's Gambit" is its biggest limited series yet. Business Insider reports the series was watched by 62 million households in its first 28 days. It debuted on Nielsen's latest list of top streaming titles at No. 10. 551 million minutes watched over its premiere weekend. For comparison, Netflix said last year that "Stranger Things" season three was watched by 64 million households.
Goldman Sachs has cut its near-term growth forecasts for the United States. Goldman Sachs based this on spiking COVID-19 cases and slowing economic activity. US gross domestic product will grow 3.5% in the fourth quarter, down from the previous forecast of 4.5%. According to Business Insider first-quarter 2021 growth estimate was also lowered to 1% from 3.5%. Goldman Sachs said the winter drag should give way to a bigger rebound on the back of vaccine distribution.
The Great State of Texas is staggering under the weight of surging coronavirus cases and deaths. Morgues in Texas are overflowing, and the National Guard has been sent to El Paso to process bodies. Across the state, thousands are lining up for food rations. But the nightmarish conditions haven't stopped the state's Republican senator from keeping his Thanksgiving holiday plans on track. Business Insider reports Sen.
Sasha Obama Is Headed to the University of Michigan This Fall . According to 'The Detroit News,' former President Barack Obama's youngest daughter will begin classes next Tuesday. The publication also..