A vote on final passage could come over the weekend. Republicans, who are expected to drag out the process, began the start of a contentious debate by forcing Senate clerks to read the entire bill - a process expected to take up to 10 hours.
Business & Financial News, U.S & International Breaking News
Rising bond yields, dollar slug Asian shares, yen
Asian stocks skidded on Friday as rising U.S. Treasury yields again rattled equity investors while hoisting the dollar to a three-month high, which in turn dragged the Japanese yen to an eight-month trough.
China says will deter Taiwan independence but seek peaceful ties
China will resolutely deter any separatist activity seeking Taiwan's independence but is committed to promoting the peaceful growth of relations across the Taiwan Strait and China's "reunification", Premier Li Keqiang said on Friday.
U.S. Capitol calm amid high security; Trump supporters hold faith he will return
A smattering of followers of the QAnon conspiracy theory gathered near the U.S. Capitol on Thursday, the day the movement had predicted former President Donald Trump's return to office, but they were far outnumbered by security forces deployed to deter any possible attack.
Rock and heavy metal: winners emerge in energy transition
Investors in metals and mineral extraction are poised to see their fortunes grow as the race to cut carbon emissions requires massive investment in commodities other than oil and gas.
Texas electric industry financial crisis to grow as more costs surface
The Texas electricity market faces "insurmountable distress" as more gas and service bills come due, power industry officials said on Thursday at a hearing into financial fallout from the state's February blackout.
Square's $297 million deal for Jay Z's music service Tidal may bring blockchain to masses
Payments firm Square Inc agreed on Thursday to buy a majority stake in rapper Jay-Z's Tidal music streaming service for $297 million in a deal that could popularize blockchain or other new approaches to storing and buying online media.
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