A sharp escalation in tensions with the United States has stoked fears in China of a deepening financial war that could result in it being shut out of the global dollar system - a devastating prospect once considered far-fetched.
Business & Financial News, U.S & International Breaking News
Former prosecutor Harris to target Trump's virus response in U.S. campaign push
Kamala Harris joins presumptive Democratic presidential nominee Joe Biden on the campaign trail for the second time in two days on Thursday in an appearance that will focus on hammering President Donald Trump's his response to the coronavirus pandemic.
Trump holds up coronavirus aid to block Democrats' bid for election funding
Funding for the U.S. Postal Service and to shore up election infrastructure became a major sticking point in congressional talks on coronavirus relief, as President Donald Trump on Thursday vowed to block any money to facilitate mail-in voting.
Exclusive: Trump administration asks court to dismiss Big Tech's challenge to social media executive order
The Trump administration has filed a motion asking a court to dismiss a lawsuit against the president's executive order targeting social media companies, calling it a "profound misunderstanding," according to a copy of the motion seen by Reuters.
Exclusive: ByteDance censored anti-China content in Indonesia until mid-2020, say sources
Chinese tech giant ByteDance censored content it perceived as critical of the Chinese government on its news aggregator app in Indonesia from 2018 to mid-2020, six people with direct knowledge of the matter told Reuters.
Nasdaq rises as Apple nears $2 trillion in market cap
The Nasdaq Composite rose on Thursday as Apple inched toward $2 trillion in market capitalization, while the S&P 500 and Dow indexes were flat with data signaling a faltering labor market recovery.
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