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

The United States will merge the U.S. Consulate General, which serves Palestinians, with its new embassy in Israel into a single diplomatic mission in Jerusalem, Secretary of State Mike Pompeo said on Thursday, drawing a quick rebuke from Palestinians.

British Prime Minister Theresa May and other EU leaders voiced renewed confidence on Thursday they could secure a Brexit deal, saying they were working hard to overcome the hurdles that only days ago brought the talks to a halt.

The four major U.S. professional sports leagues could reap a combined $4.2 billion annually as a result of legal sports betting, most of it indirectly from increased fan engagement, according to a casino industry survey to be released later on Thursday.

U.S. Senator Elizabeth Warren said on Thursday the Federal Reserve should not allow Wells Fargo & Co to grow in size until the bank replaces Chief Executive Officer Tim Sloan.

Five senior Democratic members of Congress have questioned what they say is a Trump administration plan to build a new headquarters for the Federal Bureau of Investigation across the street from Donald Trump's downtown Washington hotel.

Steve Penny, the former USA Gymnastics president, was arrested on Wednesday night in Tennessee on charges he tampered with evidence in the case of Larry Nassar, the disgraced team doctor convicted of sexually assaulting athletes, the U.S. Marshals Service said.