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FILE PHOTO: Illustration picture of Tiktok with U.S. and Chinese flags
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Trump to block downloads of TikTok, WeChat on Sunday

The U.S. Commerce Department plans to issue an order today that will bar people in the United States from downloading Chinese-owned messaging app WeChat and video-sharing app TikTok starting on September 20, three officials told Reuters.

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What are the Fed's new hurdles for rate hikes? Only the Fed knows

The U.S. Federal Reserve on Wednesday effectively established a three-part test that must be met before it will raise interest rates: the economy must be at "maximum employment," inflation must have "risen to 2 percent" and it must be "on track to moderately exceed 2 percent for some time."

Stocks weighed down by virus angst, lack of stimulus

Stocks struggled on Friday as worries about a resurgence in coronavirus cases and lingering disappointment that central banks merely affirmed their monetary support this week, without promising new stimulus, kept investors wary.

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