China's trade surplus with the U.S. reaches record high in December

Trudeau leaves door open to tighter travel ban, eyeing COVID-19 mutations abroad

Prime Minister Justin Trudeau is leaving the door open to tighter travel restrictions, including a possible ban on outbound air travel.

Eric Rosengren, president and chief executive officer of the Federal Reserve Bank of Boston, listens during a Hutchins Center on Fiscal and Monetary Policy event at the Brookings Institution in Washington, D.C., U.S., on Monday, Jan. 8, 2018. The event was entitled Should the Fed Stick with the 2 Percent Inflation Target or Rethink It.

15:54

Fed's Rosengren calls Biden stimulus plan big yet 'appropriate'

Federal Reserve Bank of Boston President Eric Rosengren said President-elect Joe Biden’s request for US$1.9 trillion in economic relief is needed as growth shows signs of slowing.

A healthcare worker wearing personal protective equipment (PPE) places a Covid-19 swab test into a vial at a United Airlines testing sire inside San Francisco International Airport (SFO) in San Francisco, California, U.S., on Thursday, Jan. 9, 2021. California reported 459 daily virus deaths, the second-highest tally since the pandemic began, as the most-populous state continues to battle a surge of cases that has strained health-care facilities. Photographer: David Paul Morris/Bloomberg

3:58

Fast-spreading COVID variant seen becoming top U.S. strain

The COVID-19 variant that emerged in the U.K. and sparked concerns of faster spread could become dominant in the U.S. as soon as March, government public-health researchers said in a report.