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

The top U.S. and Chinese trade negotiators resumed high-level talks on Thursday to hash out a deal that could end their trade war, just over a week before a U.S.-imposed deadline to reach agreement expires and triggers a new round of tariffs.

The United States and North Korea will seek a common understanding of what denuclearization means when President Donald Trump presses Kim Jong Un next week to give up all of the North's nuclear weapons, U.S. officials said on Thursday.

U.S. stocks edged lower on Thursday after a recent run of gains, pressured by weak economic data and a drop in healthcare shares, while investors kept a close watch on U.S.-China trade talks.

Former FBI Deputy Director Andrew McCabe said on Thursday that Deputy Attorney General Rod Rosenstein told him he knew of two Cabinet members who might support invoking the 25th Amendment to oust President Donald Trump but he did not believe Rosenstein was actively seeking support for such a bold move.

Catalyst Pharmaceuticals Inc, rebuked by U.S. Senator Bernie Sanders for its high drug prices, on Thursday defended its $375,000 treatment for a rare disease, saying the price was in line with similar products in the industry.

The city of Philadelphia has filed an antitrust lawsuit accusing seven major banks of conspiring to inflate interest rates for a type of bond used by cities, towns and other public entities, costing them potentially billions of dollars.