FILE PHOTO: Treasury Secretary Steven Mnuchin testifies before Senate Finance Committee
Reuters
Treasury Secretary Steven Mnuchin wants to funnel unspent stimulus money into the American economy, he said on Thursday evening.
"I hope that Congress will seriously consider reallocating $580 billion of funds that have already been appropriated that wouldn't cost taxpayers an additional penny," Mnuchin told Bloomberg.
That move would require congressional approval.
Mnuchin's comments come after he a
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-
Treasury Secretary Mnuchin wants to redirect $580 billion of unspent stimulus money to prop up small businesses and extend unemployment benefits
-
Democrats send letter to GSA head Emily Murphy demanding to know why the Biden-Harris transition has not begun
President-elect Joe Biden and Vice President-elect Kamala Harris at the Alexis Dupont High School on August 12, 2020 in Wilmington, Delaware.
Drew Angerer/Getty Images
Democratic leaders of the House Committee on Oversight and Reform are demanding to know why President-elect Joe Biden has not been recognized as the next US head of state.
In a letter sent Thursday, Democrats ask Emily Murphy, head of the General Services Administration, to personally explain why she has not joined every major ne -
Rocket Lab is about to recover a used rocket booster for the first time. Watch the company launch its SpaceX-inspired mission live online.
An Electron's booster, or first stage, that Rocket Lab intends to recover in the Pacific Ocean after flying its "Return to Sender" mission.
Rocket Lab via Twitter
Rocket Lab, founded in 2006 by Peter Beck, plans to catch its first Electron rocket booster on Thursday night.
The aerospace company is streaming live video of the mission, called "Return to Sender," starting around 8:15 p.m. ET on Thursday (2:15 p.m. NZT on Friday).
For every person who watches the YouTube video feed, embedded below, -
Rep. Alexandria Ocasio-Cortez and former UN Ambassador Nikki Haley clashed over reallocating government funds to expedite COVID-19 relief
Reuters/Business Insider
Rep. Alexandria Ocasio-Cortez and former UN ambassador Nikki Haley clashed on Twitter over government funding for struggling Americans amid the ongoing COVID-19 pandemic.
Ocasio-Cortez tweeted earlier Thursday, suggesting that, in order to get the recent COVID-19 surges "under control, we need to pay people to stay home."
Haley, a former GOP governor of South Carolina and UN ambassador, responded, asking her where she expects to get the funds to "pay" people to quarantin -
Video shows White House reporters shouting Mike Pence out of the press briefing room as he left a COVID-19 news conference without taking questions
Vice President Mike Pence.
Joshua Roberts/Getty Images
Reporters shoutedVice President Mike Pence out of the press briefing room after he didn't take questions following the first COVID-19 task force briefing in months.
Members of the task force addressed the surging number of COVID-19 cases across the country.
President Donald Trump was not present at the meeting and has been relatively silent on the pandemic since the election, instead choosing to pursue baseless claims of electio -
Archaeologists unearthed 160 sarcophagi in an Egyptian city of the dead. They opened one that was sealed for more than 2,500 years.
Archaeologists examine a mummy inside a newly discovered coffin on November 14, 2020 in Saqqara, Egypt.
Kyodo News via Getty
Archaeologists have found 160 sarcophagi in an ancient city of the dead beneath Saqqara, Egypt since September.
The wooden coffins were perfectly sealed. They'd remained undisturbed for 2,500 years.
Researchers recently opened one sarcophagus to X-ray the mummy inside.
Egyptologists also discovered a trove of mummified lion cubs, crocodiles, and cobras in Saqqara last yea -
There is 'no doubt' Joe Biden won Georgia, says Republican Secretary of State Brad Raffensperger
Georgia Secretary of State Brad Raffensperger speaks during a news conference on Wednesday, Nov. 11, 2020, in Atlanta. Georgia election officials have announced an audit of presidential election results that will trigger a full hand recount.
AP Photo/Brynn Anderson
"There is no doubt" that Joe Biden won, Georgia Secretary of State Brad Raffensperger, a Republican, told Atlanta network WSB-TV. "The numbers support that. So does the audit."
President-elect Joe Biden beat Trump by more than 14,000 -
The WHO will not recommend remdesivir for COVID-19 patients, since it doesn't seem to boost their chances of survival
A vial of remdesivir as seen during a news conference at the University Hospital Eppendorf in Hamburg, Germany, April 8, 2020.
Ulrich Perrey/Reuters
The FDA approved remdesivir as a treatment for severe COVID-19 cases last month, after granting emergency authorization in May.
But on Thursday, the World Health Organization announced it will not recommend the drug's use for COVID-19 patients.
"There is currently no evidence that it improves survival or the need for ventilation," the organization -
The Pentagon isn't the only one with special operators. Here are the 5 most elite forces outside the military
The Coast Guard's Maritime Security Response Team from Virginia training in Hyannis, Massachusetts, October, 22, 2015.
US Coast Guard/Petty Officer 3rd Class Ross Ruddell
The US military's special-operations forces are well known for their accomplishments on battlefields overseas.
But to meet security needs at home, numerous US government agencies and departments have set up specially trained units that have some unique missions.
Visit Business Insider's homepage for more stories.
The military -
Verizon Media bets on the revenue potential of commerce
Verizon Media Group, which includes Yahoo, HuffPost, TechCrunch and Engadget among its portfolio of brands, has increased its commerce revenues by more than 250% year-on-year to November. -
The pace of digital health picks up
From Amazon Pharmacy to Ping An’s telemedicine offering, COVID-19 has accelerated digital inroads into healthcare, but it isn’t necessarily a smooth ride. -
McDonald’s plans huge expansion of McCafé chain in China
Eleven years after opening its first McCafé in China, fast food chain McDonald’s plans to expand its estate of in-store cafés to 4,000 outlets on the Chinese mainland by the end of 2023. -
Making a meaningful brand connection in the Philippines
Amid the Philippines’ months-long lockdown, consumers continue to experience a shift both in behaviour and priorities; the need for meaningful interactions and a stronger sense of community has significantly grown, not only in Filipinos’ personal... -
How Absolut activates brand purpose
Absolut, the vodka brand, has demonstrated how brand purpose can be activated successively in different contexts with campaigns based on the notion of acting “responsibly”. -
Facebook, Twitter, and Google are uniting to stop vaccine misinformation from spreading online
A clinical trial volunteer participates in Johnson & Johnson's study to test a coronavirus vaccine.
Janssen
Facebook, Twitter, and Google are all teaming up, in partnership with Canada and the UK, to stop misinformation about the coronavirus vaccine from spreading online.
British fact checking charity Full Fact convened the group, and plans to launch an initial framework in January 2021.
According to polls, some Americans are skeptic about getting a coronavirus vaccine.
Dr. Anth -
Airbnb prospectus points to the importance of brand for loyalty
Booking platform Airbnb has published its IPO prospectus – an opportunity to peer under the hood at its long-term strategy. -
Acting on trends may determine whether a brand survives
The end of the year brings a welter of articles about trends, and while it’s important to have an understanding of relevant ones – which may not always be directly related to a brand’s own sector – what it ultimately most important is whether or... -
Early Best Buy Black Friday deals are live this week — here's what's discounted right now, plus what to expect on November 27
When you buy through our links, we may earn money from our affiliate partners. Learn more.
Best Buy is offering many Black Friday discounts right now during its Black Friday Ad Deals sale event.
Best Buy; Gilbert Espinoza/Business InsiderBlack Friday is coming November 27 and Best Buy is one of the major retailers to keep an eye on for deals. Year after year, Best Buy provides solid price drops on everything, including the latest TVs, speakers, headphones, laptops, gaming gear, and more.&nb -
The best early Target Black Friday 2020 deals — including discounts on Roomba vacuums, Sodastreams, and more
When you buy through our links, we may earn money from our affiliate partners. Learn more.Target; Gilbert Espinoza/Business InsiderTarget is a major player every Black Friday, bringing excellent deals to compete with other large retailers like Amazon and Walmart.The sales are already rolling in, so we've highlighted the best early Black Friday 2020 deals below.We've also answered any questions you might have below, including when the sales start, how to hold your place in line from home, and wha -
One map from the White House coronavirus task force shows just how bad the US outbreak is right now
Dr. Deborah Birx on November 19.
White House Coronavirus Task Force
The coronavirus is spreading all over the US as temperatures fall and more people gather indoors.
On Thursday, both the Centers for Disease Control and Prevention and the White House urged people to stay home this Thanksgiving and keep celebrations single-household affairs.
At the White House press conference, Dr. Deborah Birx spoke in front of an alarming map that showed COVID-19 outbreaks everywhere.
Visit Business Insider's -
How to buy gold to diversify your portfolio and help shield against market downturns
Bullion coins and bars are the "purest" way to invest in gold, but can be costly to own and slow to sell.
lionvision/Getty Images
Physical gold can be bought for investment in two basic ways: bullion bars or coins.
Buying physical gold involves researching reputable dealers, understanding pricing, and shouldering storage costs.
Alternatives to physical gold include gold stocks and funds — less "pure," but more liquid, investments.
Visit Business Insider's Investing Reference library for m -
BuzzFeed is buying HuffPost
Hi! Welcome to the Insider Advertising daily for November 20. I'm Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at [email protected]'s news: BuzzFeed buys HuffPost, speculation is swirling about CBS News' Susan Zirinsky, and Wall Street loves adtech again.AOP.Press/Corbis/Getty ImagesBuzzFeed strikes deal to buy HuffPost from Verizon MediaBuzzFeed is buying HuffP
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