NewsWatch: Trump administration denies Biden access to transition funds, echoing 2000 Bush-Gore standoff

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MARKETWATCH FRONT PAGE

News organizations have declared Joe Biden to be “president-elect,” but President Trump has not yet conceded the race, a decision that has delayed a formal beginning for the transition process and may deny the former vice president critical time to get his administration up and running. See full story.

BioNTech and Pfizer say their COVID-19 vaccine candidate is 90% effective, a much higher benchmark than anticipated

BioNTech and Pfizer Inc.’s COVID-19 vaccine candidate is the first to demonstrate it can protect most people from contracting symptomatic infections with the virus in a Phase 3 clinical trial — an announcement that puts the companies in the lead to bring to market the first COVID-19 vaccine in the U.S. See full story.

Were those Biden victory celebrations coronavirus superspreader events? Health experts ‘extremely concerned’ they could be

The parties for President-elect Joe Biden came as the U.S. was averaging more than 120,000 new COVID-19 cases a day See full story.

Supreme Court increasingly likely to uphold Obamacare even after Barrett’s confirmation, analysts say

As the Supreme Court hears arguments Tuesday in a case that might bring about the Affordable Care Act’s demise, some analysts argue that outcome looks increasingly unlikely. See full story.

Here are the 2 big signals that stocks need to keep moving higher, says Credit Suisse’s top equity strategist

Some of Monday’s enthusiasm is unwinding, though tech stocks are set to keep selling. Our call of the day says the direction of the VIX and interest rates will be big factors in whether stocks will keep moving higher. See full story.

MARKETWATCH PERSONAL FINANCE

Khloé Kardashian’s family reality TV show is coming to a close, after 20 seasons. Perhaps she should consider a role in real estate? She’s certainly had plenty of success in the field. See full story.