House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin remained far from agreement on COVID-19 relief, after a phone discussion failed to bridge what Pelosi described as differences over dollars and values.
Business & Financial News, U.S & International Breaking News
End of third quarter shows bright spots, holes in U.S. economic recovery
The U.S. economic recovery continued to advance at a slow pace over the past week, with signs that businesses were still rehiring workers but also that a gusher of government assistance earlier in the year may have run its course.
Whistleblower Edward Snowden's book earnings should go to U.S. government, court rules
The United States is entitled to more than $5.2 million from former National Security Agency contractor Edward Snowden's book royalties, a federal court ruled this week, according to the U.S. Department of Justice.
Amazon and Big Tech cozy up to Biden camp with cash and connections
With a framed Joe Biden poster in the background, Amazon.com Inc's Jay Carney made no secret of his long history with the presidential candidate while speaking at a virtual policy roundtable during August's Democratic party convention.
Wall Street churns as stimulus hopes vie with pandemic worries
Wall Street see-sawed on Thursday as investors juggled optimism over progress on stimulus talks Washington with signs of waning momentum of economic recovery from the pandemic recession, now entering its ninth month.
U.S. labor market, income data point to drawn-out economic recovery
The number of Americans filing new claims for jobless benefits fell last week but remained at recession levels, while personal income dropped in August, underscoring the need for another government rescue package for businesses and the unemployed.
Family of 'Hotel Rwanda hero' calls on United States, EU and Belgium to help free him
The family of Paul Rusesabagina, the former hotelier portrayed as a hero in a film about Rwanda’s 1994 genocide, on Thursday called on the United States, the European Union and Belgium to appeal for his release from prison in Rwanda.
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