The federal government should be able to launch the delivery of $1,400 checks almost immediately once Congress finalizes the new aid bill and President Biden signs it, experts say. Child tax credit proves a bigger challenge.
Business & Financial News, U.S & International Breaking News
Asian stocks set to firm on global recovery prospects
Asian stocks were set for a strong open on Tuesday, helped mostly by global recovery prospects and the passage of a $1.9 U.S. trillion stimulus bill, shaking off a mixed Wall Street session after a big downturn in tech shares.
Republican Party says it will continue to use Trump name in fundraising appeals
The Republican Party intends to keep using former President Donald Trump's name in fundraising pitches and other materials, a lawyer for the party said on Monday, despite a cease-and-desist letter from Trump last week.
Tesla loses a third of its value for the third time in a year
Tesla Inc's stock extended losses on Monday and is now down by a third from its January record high, making it the third time in about a year that the electric car maker's shares have corrected that dramatically.
Jury selected in U.S. drug trial involving Honduran president
A jury was selected on Monday in a criminal case against a Honduran man who prosecutors say smuggled drugs into the United States with the help of President Juan Orlando Hernandez and other high-ranking officials.
U.S. 'alarmed' by frequency of attacks on Saudi after Houthis target oil heartland
The United States on Monday expressed alarm at "genuine security threats" to Saudi Arabia from Yemen's Iran-aligned Houthis and elsewhere in the region after attacks on the heart of the Saudi oil industry, and it would look at improving support for Saudi defences.
Explainer: Why protests are shaking one of Africa's most stable democracies
Clashes between police and thousands of demonstrators protesting at the detention of Senegal's most prominent opposition leader have killed at least five people since last week.
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