The Week in Business: The Election Made Markets Happy - News Summed Up

The Week in Business: The Election Made Markets Happy


Here’s how Joseph R. Biden Jr.’s victory affects business and tech, and what to know for the coming week. (Nov. 1-7)The Future of the EconomyAnother thing to be less stressed about this week: Your stock portfolio. Markets made up for their losses in late October as President-elect Biden cemented his lead in the presidential election results and signs pointed to Republicans keeping their majority in the Senate. But some analysts worry it’s too soon to celebrate, warning that postelection unrest could shake the country for weeks to come. The rule would make operations more expensive for Uber, Lyft and delivery services like DoorDash, whose business models depend on their independent fleets of drivers.


Source: International New York Times November 08, 2020 12:00 UTC



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