By , The $900 billion pandemic aid package expected to win Congressional approval on Monday will deliver support to a recession-ravaged economy slowing under a deadly coronavirus surge, and set it up for a stronger recovery next year as vaccines become more widely available, economists said.But it comes months after the last big fiscal aid package was passed and lacks direct help to struggling states and cities, as millions remain unemployed and businesses suffer anew from fresh restrictions to slow spread of the virus.“While the deal is months late and will likely fall short of what is...…By , The $900 billion pandemic aid package expected to win Congressional approval on Monday will deliver support to a recession-ravaged economy slowing under a deadly coronavirus surge, and set it up for a stronger recovery next year as vaccines become more widely available, economists said.But it comes months after the last big fiscal aid package was passed and lacks direct help to struggling states and cities, as millions remain unemployed and businesses suffer anew from fresh restrictions to slow spread of the virus.“While the deal is months late and will likely fall short of what is...WW…

By , SAN FRANCISCO/NEW YORK (Reuters) - Joe Biden is returning to the White House to lead the United States in the midst of an economic crisis after beating President Donald Trump in Tuesday’s election, a turn of events likely to conjure an eerie sense of deja vu for the Democratic former vice president.Unlike in 2008, when the country elected Democrat Barack Obama and his running mate Biden as the global economy teetered from the sub-prime mortgage crisis and collapse of the Lehman Brothers investment bank, the worst of the current economic downturn may have passed already, economists and...…By , SAN FRANCISCO/NEW YORK (Reuters) - Joe Biden is returning to the White House to lead the United States in the midst of an economic crisis after beating President Donald Trump in Tuesday’s election, a turn of events likely to conjure an eerie sense of deja vu for the Democratic former vice president.Unlike in 2008, when the country elected Democrat Barack Obama and his running mate Biden as the global economy teetered from the sub-prime mortgage crisis and collapse of the Lehman Brothers investment bank, the worst of the current economic downturn may have passed already, economists and...WW…