G-20 Leaders Vow to Cooperate as Coronavirus Cases Surge in the U.S., Europe

Leaders of the group of 20 major economies pledged to spare no effort to combat the virus and its effects and said Covid-19 vaccination should be extensive, affordable and accessible. 


 
AstraZeneca, Oxford Vaccine Up to 90% Effective in Late-Stage Trials

The Covid-19 vaccine being developed by the University of Oxford and AstraZeneca was found to be as much as 90% effective in preventing infections without serious side effects in a large clinical trial in the U.K. and Brazil. 


 
Economy Week Ahead: Factories, Layoffs, Consumer Spending

Wednesday brings a full slate of economic data during a holiday-shortened week in the U.S. 


 
Joe Biden Picks Antony Blinken for Secretary of State

Blinken served as Biden's top foreign-policy adviser during his presidential campaign after roles in the Obama administration. 


 
Chinese State-Owned Bank Stops Digital Bond Sale That Was Drawing Scrutiny

China Construction Bank decided not to proceed with a sale of up to $3 billion in short-term debt in an offshore financial center in Malaysia. 


 
Biden Team Faults Mnuchin for Letting Fed Aid Programs Lapse

The president-elect's transition team sharply criticized Treasury Secretary Steven Mnuchin's decision to allow funding for several emergency Federal Reserve lending programs to expire, escalating a political fight. 


 
Japan Breaks a Record, South Korea Anticipates a Continuing Surge

Japan on Sunday reported 2,528 new cases for Saturday, a record-breaking number for the fourth straight day, while South Korea reported 330 new cases, bringing the nation's total to 30,733. 


 
Hospitals 'Reaching the Edge of the Knife' in Some Places

Hospitals across America are straining amid an exponential rise in Covid-19 infections. There were 83,227 people hospitalized with the disease across the U.S. as of Saturday, according to the Covid Tracking Project. 


 
S&P 500 Suffers Weekly Loss as U.S. Stocks Slip

The Treasury's decision to allow emergency Fed programs to expire raises uncertainty about economic support as coronavirus surges, investors said. 


 
Bank Stocks Were on a Wild Ride, Then November Got Even Crazier

In just four trading days this month, bank stocks went from having one of their worst sessions ever to logging one of their best as the election and coronavirus news buffeted the sector.

(END) Dow Jones Newswires

11-23-20 0315ET