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U.S. drops 'safe harbor' demand, raising hopes for global tax deal

U.S. Treasury Secretary Janet Yellen told G20 officials that Washington had dropped the Trump administration's proposal to let some companies opt out of new global digital tax rules, U.S. and European officials said on Friday, raising hopes for an agreement by summer.

U.S. pledges to investigate, as attacks on Asian Americans increase

The U.S. Justice Department said on Friday it would investigate the rising tide of hate crimes in America, as Asian Americans have experienced a growing number of racially motivated attacks since former President Donald Trump began referring to COVID-19 as a "China virus."

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