President Trump ordered a major increase in sanctions on Iran as Saudi Arabia displayed remnants of drones and missiles it said were used in a crippling attack "unquestionably sponsored" by Tehran.
Business & Financial News, U.S & International Breaking News
After Bolton fireworks, Trump picks low-key Robert O'Brien for top job
U.S. President Donald Trump picked U.S. hostage negotiator Robert O'Brien on Wednesday as his fourth White House national security adviser, turning to a low-key choice for the position after the boisterous tenure of John Bolton.
Wall Street retreats ahead of Fed decision as FedEx weighs
U.S. stocks came under pressure on Wednesday as investors waited for the Federal Reserve's decision on interest rates and clues about its future monetary policy, while a profit warning by FedEx weighed on sentiment.
GM to temporarily lay off 1,300 workers in Canada: CNBC
General Motors Co plans to temporarily lay off 1,300 workers at its final assembly plant in Oshawa, Canada due to a slowdown at United States plants during the United Auto Workers strike, CNBC reported on Wednesday.
U.S. social media firms say they are removing violent content faster
Major U.S. social media firms told a Senate panel Wednesday they are doing more to prevent to remove violent or extremist content from online platforms in the wake of several high-profile incidents, focusing on using more technological tools to act faster.
Greta Thunberg to Congress: 'Don't listen to me. Listen to the scientists'
Teenage activist Greta Thunberg, who has inspired a global movement for climate change, delivered a pointed message before a Congressional hearing on Wednesday: "I don’t want you to listen to me. I want you to listen to the scientists."
U.S. housing starts, building permits race to 12-year high
U.S. homebuilding surged to more than a 12-year high in August as both single- and multi-family housing construction accelerated, suggesting that lower mortgage rates were finally providing a boost to the struggling housing market.
Exp: Sep 19
Exp: Sep 19
Exp: Sep 19
Steny Hoyer, the No. 2 Democrat in the U.S. House of Representatives, said on Wednesday he hopes the House will pass a stopgap government funding bill no later than Friday.
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