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NewsWatch: Dow trades higher after worst day in 3 weeks

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MARKETWATCH FRONT PAGE

U.S. stocks gained Wednesday as investors looked past rising cases of COVID in Europe and awaited another round of comments from Federal Reserve speakers, headlined by a second day of testimony from Chairman Jerome Powell on the health of the economy amid the COVID pandemic. See full story.

Restaurants wait for chance to tap into $28.6 billion relief fund: ‘We will be one of the first ones in line’

Now that Democrats’ $1.9 trillion COVID-19 relief bill has been signed into law, the wait is on for the launch of the huge package’s new aid program for restaurants. See full story.

Global tally of COVID-19 cases tops 124 million as EU curbs vaccine exports

The global tally of cases of the coronavirus-borne illness COVID-19 climbed above 124 million on Wednesday, as the European Union introduced emergency legislation that would allow it to control exports of COVID-19 vaccines. See full story.

IRS misses ‘substantial’ tax evasion by the wealthiest Americans — far more than the average worker

‘Random audits, which do not detect most sophisticated evasion, underestimate top tax evasion,’ the authors of a new study said. See full story.

Equal Pay Day: How paid-leave and child-care policies failed to close gender pay gap

Women typically need at least one extra degree to earn as much as their male colleagues. See full story.

MARKETWATCH PERSONAL FINANCE

Some 85% of people said they would take a cruise if people were required to be inoculated against COVID-19 in advance. See full story.

Coronavirus Update: Global tally of COVID-19 cases tops 124 million as EU curbs vaccine exports

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