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
Democrats boost U.S. consumer sentiment, current account deficit widens 52.9%
U.S. consumer sentiment increased in early September, with Democrats growing more upbeat about the economy's outlook ahead of the Nov. 3 presidential election while Republicans' optimism waned slightly.
New Jersey governor signs law aimed at protecting poor from pollution
A landmark environmental justice bill stalled for over a decade became law in New Jersey on Friday.
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.
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.
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.
U.N. steps up monitoring of reported abuses in Belarus, raising stakes
The United Nations agreed on Friday to step up monitoring of reported rights abuses during Belarus's crackdown on protests, angering Minsk and its ally Moscow and raising the diplomatic stakes in the crisis.
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