Capitol Security Officials Point Fingers for Jan. 6 Riots But Admit They Were Unprepared for Violence

Senators drilled down on the stunning security failure and the missed warning signs as rioters incited by the former president stormed the Capitol.

States Scramble To Catch Up on Vaccines After Winter Storm Wreaks Havoc

The severe weather led to clinic closures, canceled appointments and shipment backlogs nationwide (Image source: CVS Health)

President Biden To Sign Executive Order Wednesday Addressing Global Semiconductor Chip Shortage

The order will launch an immediate 100-day review of supply chains for four critical products: semiconductor chips, large-capacity batteries for electric vehicles, rare earth minerals and pharmaceuticals.

Facebook Reaches Agreement With Australian Government To Restore News Sharing

The agreement provides more time for Facebook and Google to negotiate with media companies over payment for news stories.

Discount Store Operator TJX Misses Estimates, Hit by COVID-19 Store Closures

The company estimated that temporary store closures in Europe and Canada negatively impacted its fourth-quarter sales by about $950 million to $1.05 billion.

Lowe's Beats Fiscal Q4 Estimates But Warns Sales Growth Could Slow Post-Pandemic

Same-store sales for Lowe’s rose 28.1% in the fourth quarter ended Jan. 29, beating analysts’ estimates for a 21.2% increase.

ExxonMobil To Sell Certain UK and North Sea Assets to HitecVision for More Than $1 Billion

Exxon has been looking to sell assets since late 2019, seeking to free up cash to focus on a handful of mega-projects.

Lucid Motors To Go Public Via SPAC Merger; $4.4 Billion in New Funding at $24 Billion Valuation

It's a lofty valuation for a company that has yet to deliver a single vehicle.

Fauci Says He Expects CDC To Relax Some COVID-19 Restrictions Soon

President Biden's chief medical advisor said he expects the new guidance "pretty soon."

UK Prime Minister Johnson Announces Plan To Ease COVID-19 Lockdowns

US Coronavirus Death Toll Nears Once-Unthinkable Tally of 500,000 People

The running total of 498,000 lives is roughly the population of Kansas City and just shy of the size of Atlanta.

World's First Human Challenge Study for COVID-19 Gets UK Ethics Nod

Up to 90 volunteers between ages 18 to 30 will be exposed to the virus in a safe and controlled environment to gain further understand of how it affects people

Japan Downgrades Assessment of Economy for First Time in 10 Months

The government said the economy is showing “weakness in some components” as consumer spending is slowing under renewed COVID-19 restrictions that went into effect last month.

Federal Reserve Governor Brainard Says Financial Firms Must Address Climate Risks Now

Brainard said financial firms faced risks not just from weather-related disasters, but also potentially fast changes in asset prices if and when government policies change.

Jobless Claims Climb to 861,000 as Labor Market Stalls

Nearly 10 million jobs remain lost to the pandemic.

Retail Sales Jump 5.3% in January After Three Months of Declines

It was the biggest increase since June and much larger than the 1% rise Wall Street analysts had expected.