Business & Financial News, U.S & International Breaking News

U.S. stock indexes pared some losses on Tuesday after Federal Reserve Chairman Jerome Powell said in a Congressional testimony there were "several years" of strong jobs and low inflation still ahead for the U.S. economy.

Four U.S. states sued the federal government on Tuesday to void the new $10,000 cap on the federal deduction for state and local taxes, included as part of the 2017 tax overhaul signed by President Donald Trump.

U.S. Representative Martha Roby, a Republican who spurned Donald Trump in the 2016 presidential race, is fighting for her political life in Alabama on Tuesday in a runoff election against a former Democrat who became a Trump supporter.

A Republican in the U.S. House of Representatives said on Tuesday he will back an uphill battle to try to force a vote to restore net neutrality rules that were overturned by the Trump administration.

Lloyds Banking Group plans to operate three subsidiaries in continental Europe after Britain leaves the EU, according to a source familiar with the matter, in a sign of how Brexit is fragmenting a banking industry long concentrated in London.

Lawyers for immigrant families separated by the U.S. government at the border with Mexico said a federal judge's order barring rapid deportations until at least next Tuesday would give them breathing room as they struggled for access to clients.