Business & Financial News, U.S & International Breaking News

Wall Street's main indexes hovered near record highs on Thursday as investors counted on more pandemic relief and speedy vaccine rollouts under the Biden administration to support the economy after data showed a weakening labor market recovery.

The number of Americans filing new applications for unemployment benefits decreased modestly last week as the COVID-19 pandemic tears through the nation, raising the risk that the economy shed jobs for a second straight month in January.

Twitter has locked the account of China's U.S. embassy for a tweet that defended China's policy towards Muslim Uighurs in Xinjiang, which the U.S. social media platform said violated its stand against "dehumanizing" people.

Billionaire Jack Ma's 50-second video reappearance has done little to resolve Alibaba Group's troubled relationship with regulators that is making some investors hesitate about owning the Chinese e-commerce giant's stock.

Two men blew themselves up in a crowded Baghdad market on Thursday, killing at least 32 people in Iraq's first big suicide bombing for three years, authorities said, describing it as a possible sign of the reactivation of Islamic State.

Anti-government and anti-fascist protesters in Portland and Seattle vandalized a Democratic Party office and other buildings and scuffled with police on Wednesday, protesting against President Joe Biden's inauguration.