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] The U.S. Transportation Security Administration screened over 3 million passengers this weekend ahead of the Thanksgiving holiday, its busiest weekend since mid-March, as people ignored a call from the Centers for Disease Control and Prevention (CDC) not to travel. This report produced by Yahaira Jacquez.
On Sunday, Alaska Sen. Lisa Murkowski of Alaska said Pres. Donald Trump should begin the transition process to President-elect Joe Biden. "President Trump has had the opportunity to litigate his claims, and the courts have thus far found them without merit." Murkowski was one of the first Republican senators to congratulate the president-elect. Murkowski's statement came a day after a judge dismissed a Trump campaign lawsuit in Pennsylvania.
If life in the US is just getting a bit too much, retiring abroad can be a viable option. However, as Medicare isn't available overseas, it's critical to investigate the quality, variety, affordability, and availability of health care in your chosen location. Also, Business Insider reports it's best to first rent a home, not buy it. After all, you may love the city you're in, but a particular neighborhood might not work as well.
The Trump campaign's efforts to overturn the election results are widely seen by Wall Street as a desperate sideshow destined to fail.
But CNN reports JPMorgan is telling clients, 'Not so fast.' After..