There's also an understanding that the administration needs to work with rest of East Asia and China on global issues, said Kishore Mahbubani.
President Joe Biden on Wednesday signed an executive order to rejoin the U.S. into the Paris climate agreement, his first major action on global warming.
All presidents watch the Fed closely, and Biden won't be an exception as he looks to get through the current crisis.
Raphael Warnock, Jon Ossoff and Alex Padilla were sworn in, giving Democrats a Senate majority after Vice President Kamala Harris' inauguration.
Joe Biden was inaugurated in a smaller and heavily fortified bipartisan ceremony, facing economic and health crises and he succeeds Donald Trump.
Wednesday marked the transfer of power from former President Donald Trump to President Joe Biden.
"It's going to be very tough for the president and Congress to find that middle ground," GOP political strategist Frank Luntz told CNBC.
Dr. Anthony Fauci is scheduled to give remarks on Thursday as the United States' head delegate for the WHO's annual executive board meetings.
"There's a meaningful chunk of the market today that's in euphoria," the billionaire investor told CNBC.
Mike Bloomberg is slated to meet with influential business executives Thursday to encourage them to back Democratic causes on a national and state level.
The Supreme Court said on Friday that it will hear three cases over President Donald Trump's financial records next year.
The Conservative Party will form the next U.K. government with the largest majority since Tony Blair's Labour party retained power in 2001.
Conservative Party leader Boris Johnson promised unity on Friday, shortly after securing a five-year term in office.
An estimated 71.6 million people watched the final debate between White House contenders Hillary Clinton and Donald Trump on TV on Wednesday.
Clinton and Trump agree on this issue, but they're both wrong about how to fix the problem, says Pinar Çebi Wilber.
There isn't a "chorus" behind Donald Trump's debate performance, experts told CNBC.