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Walters: No Federal Bailout for California Budget

California’s fiscal squeeze tightened up Sunday when congressional leaders reached agreement on a $900 billion COVID-19 relief package that did not include direct aid to state and local governments. It means that Gov. Gavin Newsom faces fewer choices in fashioning a 2021-22 fiscal year budget that he must propose to...

During Crucial Holiday Season, US Consumer Confidence Slumps

SILVER SPRING, Md. — A closely-watched gauge of U.S. consumer confidence tumbled in December as rising coronavirus cases dragged American optimism to its lowest level since the summer. However, rising pessimism is now spreading during the crucial holiday season, which could make or break a number of retailers, airlines, restaurants...

Biden to Address COVID Bill, Holiday Pandemic Precautions

WILMINGTON, Del. — President-elect Joe Biden will speak Tuesday as the nation deals with a COVID-19 surge that’s casting a shadow over the Christmas holiday this week. Biden will deliver remarks in Wilmington, Delaware on Tuesday afternoon, where he’s expected to speak on the $900 billion coronavirus aid bill passed...

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