Unemployment claims dip to 900,000 amid ongoing job losses
The Labor Department reports 900,000 initial claims last week, a high but down from prior weeks, as virus surges and relief programs affect jobless totals. Continuing benefits total 5.1 million, with extended programs lifting overall unemployment near 16 million.
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S&P 500 Edges Higher as Tech Lifts Markets
U S stock indexes closed mixed with the S&P 500 up slightly and Nasdaq at fresh highs aided by Big Tech gains. Apple Amazon and Facebook led a tech surge while energy banks and other sectors fell. Dow slipped 12.37 points and Russell 2000 dropped 19.20 as traders priced in vaccine optimism and possible stimulus.
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Woman charged in Pelosi laptop theft released to mother
Riley June Williams, 22, of Harrisburg, facing theft and trespass charges for the Capitol breach, will be released to her mother with electronic monitoring after a federal judge ordered her release. She is to appear in Washington on Monday as the case continues.
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Pelosi vows swift impeachment trial for Trump
House Speaker Nancy Pelosi says the articles of impeachment will be transmitted to the Senate soon and the trial will follow quickly. She rejects delaying the process and argues that Trump incited the insurrection and must not be let off the hook. The remarks contrast with the previous impeachment over Ukraine and emphasize urgency amid Biden's early agenda.
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