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Trump administration gives Biden approval to begin official transition process

Emily Murphy, director of the General Services Administration, informed President-elect Joe Biden late Monday that she was ready to begin the formal transition process, the first move by the Trump administration acknowledging Biden's election victory.

53 min ago
‘She can start repairing the damage in economic diplomacy’ — analysts react to Yellen as Biden’s Treasury secretary

Here are some initial reactions from economists and other analysts following Monday’s news that President-elect Joe Biden has selected former Federal Reserve Chairwoman Janet Yellen to lead the Treasury Department.

5:40 p.m. Today
Yellen, pushed aside by Trump, returns to center stage of economic policy

Former Fed Chairwoman Janet Yellen wanted a second term at the helm of the central bank but President Donald Trump had other ideas. Now Yellen is expected to return to the center of economic policy-making in a new role as Treasury Secretary.

5:38 p.m. Today
Michigan certifies Biden victory as Trump’s legal team suffers further losses

The Michigan Board of State Canvassers certified President-elect Joe Biden's victory in the state and its 16 electoral votes in a 3-0 vote Monday afternoon with one abstention.

4:50 p.m. Today
Fossil-fuel apologist or sensible statesman? Responses to Biden’s pick of Kerry for climate envoy

President-elect Joe Biden taps a known entity in John Kerry to take the lead on climate change. But the position, which will coordinate a joint-agency effort and includes for the first time a security role, is new territory.

4:40 p.m. Today
How Republicans on Capitol Hill are avoiding saying Trump lost the election

In the nearly three weeks since the election, Republicans on Capitol Hill have tried to walk a fine line between possibly triggering a president who insists, without evidence, he won the Nov. 3 vote and appearing in denial about the election outcome.

4:30 p.m. Today
President Trump once called out a Thanksgiving turkey that ‘refused to concede’ after losing a fair election

Resurfaced video of Trump pardoning Carrots the turkey has gone viral, as the president refuses to concede losing to President-elect Joe Biden

4:12 p.m. Today
Boris Johnson announces cautious Christmas easing of COVID lockdown, as Emmanuel Macron prepares to do same in France

U.K. PM Boris Johnson said that the one-month lockdown in England will be replaced by a new three-tier system in regions and towns. French President Emmanuel Macron is expected to announce similar easing measures for the Christmas season on Tuesday.

3:51 p.m. Today
Google’s new advertising technology is under the regulatory microscope after a group of businesses called for it to be legally blocked

The U.K. competition regulator is considering a formal investigation into Google’s new digital advertising tool, following a complaint from a group of online businesses that called on intervention to block the launch of the technology.

3:46 p.m. Today
Universal basic income is the wrong answer for workers hurt by a changing job market

People seek meaning and purpose from work -- and providing that, not UBI, is what we should focus on.

3:45 p.m. Today
Biden chooses veteran diplomat Antony Blinken as secretary of state. Here’s why Europe should cheer

President-elect Joe Biden will nominate former State Department official Antony Blinken as his future secretary of state, according to several sources.

3:44 p.m. Today
Decision on approving Pfizer-BioNTech vaccine to be made in ‘shortest time possible,’ U.K. regulator says

The U.K. has ordered 40 million vaccine doses from Pfizer and BioNTech — enough for up to a third of the population.

3:44 p.m. Today
What to expect after the Oxford-AstraZeneca COVID-19 vaccine news

U.K.-based drugmaker AstraZeneca said on Monday that the coronavirus vaccine it is developing with the University of Oxford had shown an average efficacy of 70% in the Phase 3 trials.

3:30 p.m. Today
Google Cloud is creating a new type of digital banking platform with this lender

Google Cloud is joining with a small British bank to develop a new type of platform, mixing the personal relationship of traditional banking with the technology of Google’s digital cloud services.

3:27 p.m. Today
Biden picks Yellen for Treasury secretary: WSJ

President-elect Joe Biden has selected former Federal Reserve Chairwoman Janet Yellen to lead the Treasury Department, said a Wall Street Journal report on Monday citing unnamed sources. Biden had said he expected to reveal his choice for Treasury secretary around Thanksgiving.

3:09 p.m. Today
Biden team vows to have a smaller inauguration crowd than Trump did at ‘scaled-down’ event

Crowd size looks on track to remain a hot topic at the next presidential inauguration, but this time around the incoming Biden administration is talking about limiting in-person attendance due to the COVID-19 pandemic, rather than claiming record numbers.

2:41 p.m. Today
Biden plans 3-person Thanksgiving and Trump to stay at White House — but this presidential holiday tradition isn’t canceled

President-elect Joe Biden and President Donald Trump are toning down their Thanksgiving plans, but there’s one holiday tradition that the COVID-19 pandemic hasn’t derailed: the annual turkey pardon.

2:39 p.m. Today
U.S. businesses grow faster in November in face of coronavirus surge, Markit finds

Most American businesses grew faster in November, buoyed by news of possible coronavirus vaccines and the end of a bitterly contested 2020 presidential election, a pair of IHS Markit surveys showed.

2:07 p.m. Today
5 things to know about Antony Blinken, Biden’s nominee for secretary of state

The veteran diplomat is the stepson of a Holocaust survivor, worked for the Clinton and Biden administrations — and has two songs on Spotify

1:56 p.m. Today
Biden names Blinken secretary of state, Kerry as climate envoy

President-elect Joe Biden tapped Antony Blinken as secretary of state and John Kerry as a presidential climate envoy, moving to fill key foreign-policy positions.

1:52 p.m. Today
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