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

Investors are taking a closer look at the market's consumer discretionary companies as a reopening U.S. economy fuels hopes of a turnaround for some of the sector's hardest-hit names.

U.S. President Donald Trump's former adviser Michael Flynn asked Russia's ambassador to help avoid an escalation in diplomatic sanctions during a call between Trump's election and inauguration, a transcript released on Friday showed.

The U.S. Supreme Court rejected challenges on Friday to curbs on religious services in California and Illinois during the coronavirus pandemic.

New York City is "on track" to enter phase one of reopening on June 8, New York Governor Cuomo said on Friday as he announced that five upstate regions will now transition to phase two which includes businesses like barber shops and hair salons.

U.S. Democratic lawmakers said on Friday they want to conduct closed-door interviews with officials from President Donald Trump's administration about the surprise firing of State Department Inspector General Steve Linick, and release transcripts to the public.

A fund to compensate victims of Jeffrey Epstein's sexual abuse may begin making payouts soon, after the deceased financier's estate, his accusers and the attorney general of the U.S. Virgin Islands resolved their differences over the process.