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Fed's Evans sees less economic drag from new COVID-19 wave

The current rise in COVID-19 infections in the United States may not dent the recovery too much, Chicago Federal Reserve Bank President Charles Evans said on Tuesday, adding that he remains "reasonably optimistic" U.S. unemployment will fall to 5.5% by the end of next year.

Factbox: Key arguments in U.S. antitrust suit vs Google

The U.S. Justice Department filed an antitrust lawsuit against Alphabet Inc's Google on Tuesday, claiming the $1 trillion company uses its market power to fend off rivals and said nothing was off the table, including a breakup of the internet search and advertising company.

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