Economic uncertainty requires prolonged support from monetary policy
Sales rose to 6.48 million for 2020, the highest level since 2006
Tech stocks and IPOs drove the increase
The choice for SEC chair signals a more activist role after a deregulatory stretch during the Trump administration
OCC penalizes ex-general counsel in sales practices scandal
U.S. bank's year-over-year profit jumped 42%
The bank's profit rose 4% during the final quarter of the year
The plan includes an additional $1,400 for most Americans
They fell for a third straight month amid a surge in virus cases
The measure aims to encourage consumers and businesses to borrow and spend
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