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Added on the 26/09/2016 22:41:17 - Copyright : Reuters EN
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. If confirmed, Yellen will face an immense set of challenges, including the pandemic, unemployment, and widespread housing and food insecurity. With both parties fiercely divided on its size and reach for months, Congress still hasn't approved a second coronavirus economic aid package.
Tyra Banks says she was not Naomi Campbell's equal when it came to modelling.
Weak earnings from Macy's and Disney drove stocks lower on Wall Street. Fred Katayama reports.
Oil prices would have to bounce back to $60 a barrel for U.S. oil producers to generate a good rate of return, says S&P Capital IQ's Stewart Glickman. Fred Katayama reports.
The prestigious "National Board Of Review" gave honors to Leonardo DiCaprio and Martin Scorcese for "The Wolf Of Wall Street". Other Honorees included, Emma Thompson, Bruce Dern, Will Forte, Octavia Spencer and Michael B. Jordan.
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