President-elect Biden's proposal to pour $1.9 trillion into a hobbled economy could lay the foundation for a surge in jobs and spending that many economists say is needed to avoid long-term damage from a record-breaking recession.
Asian shares rose on Friday, brushing off a late Wall Street dip as expectations of large U.S. stimulus under President-elect Joe Biden shored up sentiment while oil prices perked up on upbeat Chinese trade figures.
U.S. Congressional Intelligence and Homeland Security oversight committees are opening investigations into why federal and local law enforcement agencies did not pay closer attention to a warning the day before pro-Trump rioters stormed the Capitol, congressional aides said on Thursday.
Members of Arizona's San Carlos Apache tribe filed a property lien on Thursday in an attempt to regain control over land that the U.S. government is poised to give to Rio Tinto Ltd for the Resolution Copper mine.
A lawyer for Kyle Rittenhouse, the U.S. teenager charged with fatally shooting two protesters during protests in Wisconsin over the summer, on Thursday denied allegations by prosecutors that he had any affiliation with white supremacists.
Shares of Poshmark Inc soared more than 140% in their stock market debut on Thursday, valuing the online fashion marketplace over $7 billion, highlighting investor optimism for online shopping that has surged during the COVID-19 pandemic.
A South Korean court will sentence Samsung Electronics Co Ltd heir Jay Y. Lee on a bribery charge on Monday, a ruling likely to have ramifications not just for his company but for all of South Korea's chaebol conglomerates.
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