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With more and more businesses shutting down around the country, a flood of new unemployment claims are pouring in. But President Trump continues to downplay the impact of the virus on the economy.

U.S. retail spending grew 1.9% last month, delivering a slight boost of confidence amid a recent spate of signs that the economic recovery has lost momentum from the pandemic's toll.

The number of infections dropped significantly during the lockdown. People will again be allowed to move without restriction. Jerusalem's three main holy sites will reopen to the general public.

Target, Safeway and others are restricting their opening hours, limiting purchases per each shopper and setting off time for seniors and other high-risk individuals to shop.

The cost of moving the summer games to 2021 is expected to be massive. The International Olympic Committee said on Tuesday Japan would pay. Japanese officials said they didn't agree to foot the bill.

With hospitals in the state filling up with patients, Gov. Kim Reynolds, who once dismissed restrictions as "feel-good" measures, said Monday: "If Iowans don't buy into this, we'll lose."

The Dow tumbled more than 900 points as COVID-19 cases surge in the United States and Europe, while next week's election is only adding to the uncertainty over the economy.

Several Republican lawmakers, especially moderate ones, praised Biden's inaugural address, which urged members of both parties to come together and work on behalf of the American people.

Personal income jumped by a record 21% last month, largely thanks to those $1,400 relief payments. The extra cash helped fuel a jump in spending that should continue in the months to come.

House impeachment managers are rebutting claims from Trump's defense team that the trial is politically motivated because Democrats don't want to face Trump in 2024.