More than 400 Chinese products will be temporarily exempted from tariffs that President Donald Trump's administration imposed last year.China Economyread more
Apple will get a taste of whether upgraded features on the new iPhone 11 are enough to lure shoppers to retail stores around the world as the new smartphones officially hit...Technologyread more
As tensions might drag over the next decade, investors have to learn to operate under prolonged uncertainty, said Warburg Pincus' Charles Kaye.World Economyread more
U.S. Vice President Mike Pence on Thursday struck an unyielding tone on America's position in its trade war with China.Delivering Alpharead more
Billionaire investor Howard Marks, the co-chairman of Oaktree Capital, predicts there won't be a recession in the U.S. for another two years.US Economyread more
Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
One person was killed and five others wounded on Thursday in a shooting on the streets of Washington, D.C., not far from the White House, police said.U.S. Newsread more
Stores are extending hours and cities are spending on light shows as China tries to encourage consumers to spend more money at night.China Economyread more
New research suggests fewer girls pursue careers in STEM — science, technology, engineering and math — because they're better than boys at reading.Closing The Gapread more
Stocks in Asia Pacific edged up on Friday as investors digested a series of developments overnight on the U.S.-China trade front that dampened hopes of a deal being reached...Asia Marketsread more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
LOS ANGELES — Gov. Gavin Newsom has pledged that California will provide unemployment insurance benefits for furloughed workers impacted by the partial federal government shutdown.
"Let the word go forth: We'll cover you, we'll have your back," the Democrat said Thursday at a press conference where he also unveiled his first state budget. "Come in, we already have EDD on alert that we want to bring those 144,000 folks that may be impacted and let them know that they should be able to pay their rent, come the end of Friday."
The website for the state's Employment Development Department contained an online notice as of Thursday evening about some federal workers qualifying for unemployment benefits. It said furloughed federal workers in California who are "in a non-pay, non-duty status" may qualify for benefits but added that those workers must repay any jobless benefits received when or if wages are paid to them retroactively.
Nationwide, more than 800,000 federal workers are affected by the shutdown, which went into its 21st day Friday. If the shutdown goes into Saturday, it will become the longest in U.S. history, surpassing that of 1995-96.
The standoff, which affects about a quarter of the government and several crucial departments and services, is over President Donald Trump's proposed border wall. The president has refused to sign any government funding measures without money for the barrier, while Democratic congressional leaders have steadfastly refused to allocate taxpayer dollars to pay for it. Trump had said Mexico would pay for the wall.
Newsom, who was sworn in Monday as the state's 40th governor, has been critical of the president's wall plan and on the administration's hard-line policies on immigration.
Newsom also was critical again of Trump for his tweet Wednesday that threatened to pull federal relief aid to victims of California's devastating wildfires.
The governor recalled traveling with Trump when the Republican president visited the state in November to see destruction from the Camp Fire in the Northern California town of Paradise.
"I was in the car with the president when a lot of folks were celebrating his arrival," Newsom recalled. "A lot of people had 'Make American Great [Again]' hats on and had flags signs saying 'Trump 2020.' I hope he remembers those images when he considers the next series of tweets."
The catastrophic Camp Fire in Butte County destroyed nearly 19,000 buildings and claimed the lives of at least 86 people.
Butte is a Republican-leaning county where Trump edged out Democratic rival Hillary Clinton by more than 3 percentage points in 2016. Newsom lost the county in November by more than 6 points to Republican John Cox, a San Diego businessman Trump had endorsed.