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.
Business & Financial News, U.S & International Breaking News
Biden or Trump, no guarantee of a post-Brexit U.S.-UK trade deal
U.S. presidential candidate Joe Biden's recent warning that Britain must honor Northern Ireland's 1998 peace agreement to secure a U.S. trade deal adds new complexity to already tough trade talks between the United States and the U.K.
Dozens of Hong Kong people write postcards to fugitives arrested by China
Dozens of people in Hong Kong braved heavy rain on Friday evening to write postcards to 12 fugitives arrested by China at sea last month to offer comfort during the upcoming mid-Autumn festival.
U.S. current account deficit jumps 52.9% as COVID-19 disrupts trade
The U.S. current account deficit soared to its highest level in nearly 12 years in the second quarter as the COVID-19 pandemic weighed on the export of goods and services, offsetting a shrinking import bill.
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.
Belarus opposition offers talks as U.N. hears fears of 'another iron curtain'
Belarus opposition leader Sviatlana Tsikhanouskaya demanded on Friday an international mission to document what she called "atrocities" during crackdowns on anti-government protests, but said she was ready for talks to end weeks of violence.
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