U.S. appeals ruling that barred Postal Service changes before election

The U.S. Postal Service (USPS), Postmaster General Louis DeJoy and President Donald Trump late Friday appealed a federal judge’s ruling suspending service changes and requiring aggressive steps to ensure ballot deliveries ahead of the November presidential election, the Justice Department said. The government said it was appealing U.S. District Judge Emmet Sullivan’s preliminary injunction orders […]

Fed weighed adjusting bond purchases to provide more help to economy ‘fairly soon,’ minutes show

Federal Reserve officials indicated at their last meeting that adjustments could be made soon to their bond-buying program as the central bank looks to alternate ways it can support the economy. The Fed on Wednesday released minutes from its Nov. 4-5 policy meeting. Officials at that gathering voted to keep benchmark short-term borrowing rates anchored […]

Trump’s tariffs could give Biden ‘leverage’ over China, former White House trade negotiator says

President Donald Trump’s trade tariffs have created “leverage” that the incoming Biden administration could use to get the outcomes it wants on the international stage, said former top White House trade negotiator Clete Willems. Trump slapped elevated tariffs on major trading partners such as China, Canada and the European Union for what he said were […]