The House of Representatives will formally charge former-President Donald Trump with inciting insurrection in a fiery speech to his followers before this month's deadly attack on the Capitol, signaling the start of his second impeachment trial.
Business & Financial News, U.S & International Breaking News
Nasdaq hits record high on big hopes for big-tech earnings
The Nasdaq index hit a record high on Monday as investors remained optimistic at the start of a busy week of earnings from mega-cap technology companies, while economy-sensitive cyclical stocks gave back recent gains.
U.S. corporate buybacks are on the rise, lifting investor hopes
U.S. corporate share buyback levels are slowly increasing after last year's pandemic-driven drop-off in spending, and investors are eager to see how much buybacks may support market gains.
Putin calls pro-Navalny marches illegal, new protest set for Sunday
Russian President Vladimir Putin condemned weekend protests demanding the release of jailed Kremlin critic Alexei Navalny as dangerous and illegal, as the opposition politician's allies said they planned a similar protest for Sunday.
Global life insurers impose restrictions, worried about long-term pandemic risks
Global life insurers are taking steps to curb payouts stemming from the coronavirus pandemic, including long-term health consequences that are not fully understood, industry sources told Reuters.
China's Xi calls for greater role for G20 in economic governance
China's President Xi Jinping on Monday called on the world to strengthen macroeconomic policy coordination and bolster the role of the G20 in global economic governance as he pointed to a "rather shaky" recovery from the coronavirus pandemic.
Analysis: Congressional Democrats face challenges in repealing Wall Street-friendly rules
With Democrats controlling the Senate, progressives want to repeal the Trump administration's Wall Street-friendly rules, but they may struggle to win enough votes in a thinly divided Congress and risk obstructing President Joe Biden's agencies from writing stricter new rules, said lobbyists and legal experts.
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