Janet Yellen won overwhelming Senate confirmation as the first female U.S. Treasury secretary, setting her quickly to work with Congress on coronavirus relief, reviewing sanctions policy and strengthening financial regulation.
Business & Financial News, U.S & International Breaking News
Asian stocks set for soft start, dollar mostly steady
Asian stocks came under pressure on Tuesday as worries about U.S. stimulus and surging coronavirus infections led to a mixed Wall Street session, while the dollar consolidated overnight gains.
Biden overturns Trump ban on transgender people serving in U.S. military
President Joe Biden on Monday signed an executive order that overturned a controversial ban by his predecessor on transgender individuals serving in the U.S. military, a move cheered by LGBTQ advocates that fulfills a campaign promise.
Apple's hardware engineering chief to step down to focus on new project
Apple Inc's hardware engineering chief, Dan Riccio, will step down to oversee a new project, the iPhone maker said on Monday, providing few details on the longtime executive's latest role.
GameStop shares soar on short squeeze, then ease in wild trade session
Shares of U.S. videogame retailer GameStop skyrocketed by 144% on Monday as short sellers scrambled to cover their positions in the stock, which then pared gains in a roller coaster session that featured nine trading halts for volatility.
Watchdog to probe if Justice Dept. officials improperly tried to alter 2020 election
The U.S. Justice Department's internal watchdog on Monday said his office was launching an investigation on whether current or former department officials made an "improper attempt" to seek to alter the results of the 2020 presidential election.
Pro-Trump lawyer Lin Wood fired by teen who faced off with Native American in viral video
A Kentucky teenager whose 2019 face-off with a Native American activist in Washington went viral has fired his lawyer, a man who played a key role in Donald Trump's attempts to overturn his election defeat, according to court notices filed on Monday.
Have a news tip?
Reuters provides several ways to securely and confidentially share information and materials with our journalists.LEARN MORE ››