Money

The “blue wave” that many expected in November appears to have crested two months later. Now, investors are trying to figure out how to best position their portfolios given the increased likelihood that Democrats will win control of the Senate following Tuesday’s run-off elections in Georgia. The Nasdaq was down slightly Wednesday morning after Raphael

Covid-19 tests are in high demand as cases surge, with some Americans waiting in long lines at medical centers and drive-through sites. But now an at-home coronavirus test is available on Amazon. The DxTerity Covid-19 Saliva at-Home Collection Kit, which received an emergency use authorization last month from the Food and Drug Administration, appears to

The New York Stock Exchange will delist three Chinese telecommunications stocks to comply with an executive order from the Trump administration — its second about-face on the issue this week. The exchange said Wednesday that it would end trading of shares in China Mobile, China Telecom and China Unicom on Jan. 11. The decision comes

After the elections in November, Wall Street put predictions of a “blue wave” aside. Now, investors are once again reckoning with the possibility that for the next two years, Democrats could control both chambers of Congress and the White House. What’s happening: CNN projects that Rev. Raphael Warnock will defeat Republican Sen. Kelly Loeffler, while

President Donald Trump is continuing to pile the pressure on Chinese tech companies in the closing days of his administration. Trump on Tuesday signed an executive order banning transactions with eight Chinese apps, including Ant Group’s Alipay. The order will also hit Tencent’s QQ Wallet and WeChat Pay, as well as the apps CamScanner, SHAREit,

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. What is the most important fact about Wednesday’s effort to reject the Electoral College votes and stop the certification of Joe Biden’s election win? That it’s going to fail. So that fact should probably come

Bill Gross started off his investment outlook for 2021, titled “A Little Bit Softer Now,” on an unusual note, discussing a legal spat involving a neighbor and complaining that his new automatic toilet seat didn’t lift as quickly as it should. Then he got down to brass tacks. His favorite market sector: natural gas pipelines,

Shake Shack is kicking off 2021 by introducing a new contender to the fast food industry’s already-crowded chicken sandwich wars. The burger chain announced the rollout of its Korean-style Fried Chick’n Sandwich and Korean-style Gochujang Chick’n Bites on Tuesday. Both items use Gochujang, a fermented red chili paste common in Korean cuisine. The new sandwich

Pizza Hut is doubling down on one of its classic innovations as the pandemic-era pizza wars rage. In a nod to the 25th anniversary of stuffed crust’s debut, Pizza Hut is offering a pizza-less ring of cheese-stuffed dough. The name? “Nothing But Stuffed Crust,” of course. The cheesy promotion — which comes just weeks after

A group of major oil producers have agreed to keep production broadly steady in February and March as the pandemic forces some economies back into lockdown and governments struggle to distribute vaccines. Russia and Kazakhstan will produce more oil over the coming months under the deal. Saudi Arabia, meanwhile, said it would voluntarily cut its

A group of major oil producers have agreed to keep production steady in February and March as the pandemic forces some economies back into lockdown and governments struggle to distribute vaccines. Saudi Arabia said it would voluntarily cut its production by one million barrels per day from January’s levels, while Russia’s and Kazakhstan will produce

“Mr. President, the problem you have with social media, they — people can say anything,” Georgia Secretary of State Brad Raffensperger, a Republican, tried to explain to President Trump in a call last Saturday. In Trump’s world, however, that isn’t a bug — it’s a feature. Throughout his presidency and during his failed re-election campaign,