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WeChat gets hit first, then TikTok, under Trump ban

The Trump administration will ban WeChat and TikTok from U.S. app stores starting Sunday night. The ban is less sweeping than expected, particularly for TikTok, giving its parent group ByteDance some breathing space to clinch an agreement over the fate of its U.S. operations.

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Wall Street falls in choppy trading as tech sell-off resumes

U.S. stocks turned lower in volatile trading on Friday as worries about rising coronavirus cases and a patchy economic recovery dampened risk sentiment, with technology-related stocks reversing early gains to extend their declines to a third day.

Fed officials tussle over practical meaning of new inflation policy

Federal Reserve policymakers on Friday began fleshing out what their new tolerance for inflation will mean in practice, an issue critical to how investors and households reshape their own outlooks even if it may not be relevant to any immediate decisions by the U.S. central bank.

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