Trump proposed creation of a Palestinian state with a capital in East Jerusalem, dependent on Palestinians taking steps to become self-governing, in an attempt to achieve a peace breakthrough in their decades of conflict with Israel.
Business & Financial News, U.S & International Breaking News
Services in spotlight after Apple stock market value hits $1.4 trillion
When Apple Inc posts quarterly results on Tuesday, investors will be looking for fresh evidence the iPhone maker should be treated as a producer of high-margin, subscription services after its stock market value touched $1.4 trillion and its earnings multiple trades at decade highs.
U.S. recovers remains from Afghanistan plane crash, verifying identities: officials
The United States on Tuesday recovered the remains of individuals from a U.S. military aircraft that crashed in Afghanistan and was in the process of confirming their identities, U.S. and Afghan officials told Reuters on Tuesday.
Weinstein accuser's ex-roommate backs up sexual assault allegation
The former roommate of Mimi Haleyi, one of the women who has accused Harvey Weinstein of sexual assault, took the stand on Tuesday in the former Hollywood mogul's rape trial.
Countdown to recession: What an inverted yield curve means
NEW YORK - A dramatic rally in Treasuries this week led some key parts of the U.S. yield curve to reinvert, a signal that has traditionally been bearish for the U.S. economy.
In post-repo squeeze twist, Fed may nudge up interest paid to banks
One potential side effect of the U.S. Federal Reserve's efforts to pump liquidity into the banking system and avoid further unwanted surges in short-term borrowing rates: The central bank may soon have to take measures to keep interest rates from getting too low.
Harley-Davidson's shares tumble on steeper fall in revenues
Harley-Davidson Inc on Tuesday reported a larger-than-expected decline in its motorcycles revenue, hurt by a continuing slide in retail sales in the United States, sending its shares lower.
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