The U.S. government's over $4 trillion annual budget, the world's largest, relies heavily on individual wage earners whose taxes and retirement benefits are deducted from every paycheck, leaning particularly on the top 20% of income earners.
Huawei Technologies Co Ltd Chief Financial Officer Meng Wanzhou returned to a Canadian court on Monday to fight her extradition to the United States, where her lawyers argued she only needs to show supporting evidence to add a new allegation of U.S. abuse of process to the case.
Meng Wanzhou, chief financial officer of Huawei Technologies Co Ltd [HWT.UL] will appear in a Canadian court on Monday as her extradition hearing enters the next phase. Here is a timeline of the case.
Oil prices rose 1% on Monday as global equities rallied on hopes for another U.S. stimulus package, but rising virus cases fed concerns about fuel demand and kept oil futures from moving higher.
Chicago Mayor Lori Lightfoot on Monday loosened COVID-19-related capacity restrictions for businesses such as bars, restaurants and health clubs, a move that will go into effect later this week.
U.S. businesses with COVID-19 outbreaks are facing an emerging legal threat from claims that workers brought coronavirus home and infected relatives, which one risk analysis firm said could cost employers billions of dollars.
TikTok, owned by China's ByteDance, has been racing to avoid a crackdown on its U.S. operations after being at loggerheads with the U.S. government, which has expressed concerns over the handling of personal data by the video app.
The Trump administration faces ongoing court battles after two legal setbacks in its efforts to bar U.S. app stores from offering Chinese-owned TikTok or WeChat for download.
U.S. oil and gas producer Devon Energy Corp said on Monday it will buy shale-oil rival WPX Energy Inc for $2.56 billion as it looks to boost its presence in the top U.S. oilfield.
The Securities and Exchange Commission on Monday charged a former finance manager at Amazon.com Inc. and two of her family members with insider trading in advance of the company's earnings announcements between January 2016 and July 2018.
A U.S. judge in Washington late on Sunday temporarily blocked a Trump administration order that was set to bar Apple and Alphabet's Google from offering Chinese-owned short video-sharing app TikTok for download at 11:59 p.m. on Sunday. Libby Hogan reports.
