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

Illinois will defy enforcement of the Trump administration's rule barring federally subsidized family planning clinics from making abortion referrals, the governor said on Thursday, vowing the state would step in to fund most of those clinics itself.

Asian stocks gained and the dollar sagged on Friday after a top Federal Reserve official all but cemented expectations of a U.S. interest rate cut later this month.

Saudi Arabia on Thursday defended signing a letter along with 36 other countries in support of China's policies in its western region of Xinjiang, where the United Nations says at least 1 million ethnic Uighurs and other Muslims have been detained.

The chance that Britain will leave the European Union without a deal is the highest since October 2017, economists polled by Reuters say, as arch-Brexiteer Boris Johnson looks set to take over as prime minister next week.

The U.S. House of Representatives on Thursday passed legislation to raise the federal minimum wage to $15 an hour by October 2025, a big win for workers and labor groups, even as it remained unlikely the bill would pass a Republican-controlled Senate.

Activist investor Carl Icahn on Thursday formally launched a proxy fight against Occidental Petroleum to win control of four board seats, according to a regulatory filing, after talks with the oil company's chief executive failed to reach an agreement.