In a blow to Democrats, the Senate parliamentarian ruled the chamber cannot include Biden's proposed $15-an-hour minimum wage in a $1.9 trillion coronavirus bill the party aims to pass without Republican votes, lawmakers said.
Business & Financial News, U.S & International Breaking News
Asian markets roiled by global bond whiplash
Asian stocks fell by the most in nine months on Friday as a rout in global bond markets sent yields flying and spooked investors amid fears the heavy losses suffered could trigger distressed selling in other assets.
From the hinterland to Hollywood: how Indian farmers galvanised a protest movement
Indian Prime Minister Narendra Modi is struggling to beat back his biggest political challenge in years from a protest movement which began with disgruntled farmers travelling to New Delhi on tractors and is now gaining wider support at home and abroad.
Analysis: Hedge funds worry about market fallout from Tesla, ARK and spiking yields
Some hedge fund managers are getting concerned about the money that has flooded into high-flying stocks like Tesla and the popular ARK fund as bond yields spike and growth stocks take a hit.
Shot in the arm: Australian PM's 'defining' week ends in bruising manner
It was supposed to be a milestone week for Australian Prime Minister Scott Morrison that began with the nation's first COVID-19 vaccinations and ended in the country becoming the first to force Silicon Valley giants to pay for news content.
U.S. president, Saudi king have phone call ahead of expected Khashoggi report release
U.S. President Joe Biden on Thursday told Saudi King Salman he would work for bilateral ties "as strong and transparent as possible," the White House said, ahead of the expected release of a sensitive U.S. intelligence report on the 2018 murder of Saudi journalist Jamal Khashoggi.
Dutch parliament: China's treatment of Uighurs is genocide
The Dutch parliament on Thursday passed a non-binding motion saying the treatment of the Uighur Muslim minority in China amounts to genocide, the first such move by a European country.
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