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Updated: 11 hours 10 min ago

What was the cost for the National Guard to deploy in D.C.? Up to $2.6 million a day

Thu, 06/11/2020 - 7:56pm
The deployment of thousands of National Guard troops in response to protests on the streets of Washington, endorsed by President Donald Trump and much criticized by the city's mayor, cost the federal government $2.6 million per day at its peak, U.S. officials told Reuters.

Trump, Biden hold events in key U.S. states as campaign begins to heat up

Thu, 06/11/2020 - 7:49pm
President Donald Trump and his Democratic opponent, Joe Biden, headed to must-win election battlegrounds on Thursday, slowly resuming campaign activities in the wake of the coronavirus pandemic.

Palantir close to registering for stock market debut: sources

Thu, 06/11/2020 - 7:17pm
Data mining firm Palantir Technologies Inc is aiming to file confidentially with U.S. regulators to go public in the coming weeks, emboldened by the strong performance of other initial public offerings (IPOs), people familiar with the matter said.

A month into reopening, no clear turn for U.S. economy or pandemic

Thu, 06/11/2020 - 7:13pm
A month into efforts to broadly reopen the U.S. economy there is little clarity either on the pace and durability of the recovery, or on the ability to convincingly suppress the virus that has killed more than 112,000 Americans.

Fears of second U.S. coronavirus wave rise on worrisome spike in cases, hospitalizations

Thu, 06/11/2020 - 7:07pm
About half a dozen states including Texas and Arizona are grappling with a rising number of coronavirus patients filling hospital beds, fanning concerns that the reopening of the U.S. economy may spark a second wave of infections.

Asian stocks set to fall sharply as Wall Street tumbles

Thu, 06/11/2020 - 7:05pm
Asian equities are set to fall sharply on Friday after Wall Street stocks and oil tumbled over growing concerns that a resurgence of coronavirus infections could stunt the pace of reopening economies.

Biden blasts Trump as U.S. coronavirus cases top 2 million

Thu, 06/11/2020 - 7:02pm
With the number of U.S. coronavirus cases now topping 2 million, Democratic presidential candidate Joe Biden on Thursday blasted anew President Donald Trump’s handling of the pandemic, saying Trump “still refuses to take the virus seriously.”

Wall Street hammered by fears of spurt in virus infections, economic worries

Thu, 06/11/2020 - 12:56pm
U.S. stocks slumped on Thursday with the Dow shedding over 5% and the index on track for its sharpest one-day decline since March 18, as investors fretted over a resurgence in coronavirus infections and a grim economic outlook from the Federal Reserve.

Instant View: Wall Street backslides on economic gloom, uptick in virus cases

Thu, 06/11/2020 - 12:55pm
Wall Street indexes nosedived on Thursday, on track for their worst days since early in the coronavirus pandemic as investors reassessed a stocks resurgence after the Fed issued a gloomy growth forecast and infections showed signs of upswing.

U.S. Senate panel approves subpoena authority in Trump-Russia probe

Thu, 06/11/2020 - 12:40pm
A divided Senate Judiciary Committee approved sweeping subpoena power on Thursday for a politically charged congressional probe of an FBI investigation into Republican President Donald Trump's 2016 campaign and its contacts with Russia.

Global stocks tumble, bonds rally on downbeat Fed outlook

Thu, 06/11/2020 - 12:38pm
Global equity markets fell sharply on Thursday in their worst sell-off since markets crashed in March, while safe-haven assets rose after the Federal Reserve's sobering outlook cast doubt on hopes for a V-shaped recovery from the coronavirus pandemic.

Factbox: What changes are companies making in response to George Floyd protests?

Thu, 06/11/2020 - 12:26pm
The corporate response to a wave of protests over the treatment of African Americans has included pledges to increase diversity, donations to civil rights groups and, in some cases, changes in policies or practices long sought by critics. Here is a sampling:

Trump authorizes sanctions over ICC Afghanistan war crimes case

Thu, 06/11/2020 - 12:21pm
President Donald Trump on Thursday issued an executive order authorizing U.S. sanctions against International Criminal Court employees involved in an investigation into whether American forces committed war crimes in Afghanistan.

Pompeo on ICC: U.S. won't be threatened by 'kangaroo court'

Thu, 06/11/2020 - 12:21pm
U.S. Secretary of State Mike Pompeo said on Thursday that Washington would not allow Americans to be threatened by "a kangaroo court," after President Donald Trump authorized sanctions against an International Criminal Court investigation into whether U.S. forces committed war crimes in Afghanistan.

White House's top lawyer at the Supreme Court to resign

Thu, 06/11/2020 - 12:13pm
The U.S. government's top advocate before the Supreme Court, Noel Francisco, who defended President Donald Trump's policies, including the travel ban on people from mainly Muslim countries, is expected to resign, according to a person familiar with his plans.

U.S. auto suppliers cheer as carmakers relaunch, but long-term worries remain

Thu, 06/11/2020 - 12:07pm
Auto parts suppliers across North America said they are encouraged as major automakers accelerate production after coronavirus pandemic shutdowns, but are holding back on hiring and investment because of longer-term uncertainty.

After rebuke, top U.S. general says joining Trump church walk during protests was 'mistake'

Thu, 06/11/2020 - 12:03pm
The top U.S. military officer on Thursday said he should not have joined President Donald Trump as he walked from the White House to a nearby church for a photo opportunity after authorities cleared the way of protesters using tear gas and rubber bullets.

U.S. layoffs easing, labor market distress persists

Thu, 06/11/2020 - 11:58am
The number of Americans seeking jobless benefits fell last week, but millions laid off because of COVID-19 continue to receive unemployment checks, suggesting the labor market could take years to heal from the pandemic even as hiring resumes.

Uber, Lyft drivers are employees, says California regulator

Thu, 06/11/2020 - 11:43am
Drivers working for ride-hailing services such as Uber Technologies Inc and Lyft Inc will be considered employees under California's new gig worker law, the state's leading industry regulator said on Thursday.

Gay Pride embraces its roots by teaming up with U.S. black activists

Thu, 06/11/2020 - 11:18am
Floats, all-night parties and parades may be out, but the LGBTQ community is returning to its roots by teaming up with black activists for Pride month celebrations in the United States.