Tech's hottest IPOs of the year, including Beyond Meat and Zoom, dropped on Monday, falling more than the broader market.Technologyread more
Sen. Bernie Sanders announced a plan Monday to forgive the country's $1.6 trillion outstanding student loan tab, intensifying the higher education policy debate in the 2020...Personal Financeread more
"We do not seek conflict with Iran or any other country," Trump tells reporters in the Oval Office.Politicsread more
While earnings usually come in substantially ahead of expectations — as much as 4 or 5 percentage points is not unusual — the downward direction in the outlook doesn't speak...Earningsread more
"We missed being the dominant mobile operating system by a very tiny amount. We were distracted during our antitrust trial. We didn't assign the best people to do the work,"...Technologyread more
PatientsLikeMe was bought by UnitedHealth following a review by Trump's Treasury Department, which scrutinized the start-up because it's backed by Chinese cash.Technologyread more
Some traders think the energy rally is about to wane, despite the sector being one of June's big winners.ETF Edgeread more
Stocks with this one feature are poised to crush the market after a rate cut, according to Goldman Sachs.Marketsread more
An Air Canada passenger traveling to Toronto from a weekend in Quebec City found herself stranded alone on the tarmac and in the dark, in what she described as a "nightmare."Airlinesread more
When Victoria's Secret exited the swimsuit business in 2016, it opened the floodgates for start-ups to conquer that market.Retailread more
U.K. online bank Monzo raised $144 million in a fresh round of funding led by the U.S. start-up accelerator Y Combinator.Technologyread more
next year@ (Corrects in second paragraph design would be unveiled in 2020, not the bill would be released)
WASHINGTON, May 22 (Reuters) - The U.S. Treasury will not introduce a redesigned $20 bill picturing escaped slave and abolitionist Harriet Tubman next year as planned, Treasury Secretary Steven Mnuchin said on Wednesday.
In 2016, the Treasury Department said, by 2020, it would unveil a new design of the $20 bill that would replace former President Andrew Jackson's image on the front of the bill with that of Tubman, along with redesigns of the $5 and $10 bill.
President Donald Trump has called the inclusion of Tubman on the $20 bill an example of "pure political correctness."
As a presidential candidate, Trump suggested Tubman would be better-suited for the $2 bill, a note that is not widely circulated.
Mnuchin said during a hearing with the House Financial Services committee he was focused on redesigning the bills to address counterfeiting issues, not making any changes to their imagery.
"We will meet the security feature redesign (goal) in 2020. The imagery feature will not be an issue that comes up until most likely 2026," Mnuchin told lawmakers.
"It is not a decision that is likely to come until way past my term, even if I serve a second term for the president, so I am not focused on that at the moment," Mnuchin added.
He declined to tell lawmakers in the hearing if he supported putting Tubman on the bill.
Tubman was born into slavery and grew up on a Maryland plantation, escaping in her late 20s. She returned to the South to help hundreds of slaves to freedom and later worked as a Union spy during the Civil War. She died in 1913.
The decision to put Tubman on the $20 bill followed months of outreach from the Treasury Department on which woman should be featured on the note.
There have been no women depicted on U.S. bills since former first lady Martha Washington, who was featured on the $1 silver certificate from 1891 to 1896, and Native American woman Pocahontas, who was included in a group image on the $20 bill from 1865 to 1869.
Other women, including Native American interpreter Sacagawea, suffragist Susan B. Anthony and author and activist Helen Keller have been featured on coins.
Jackson, the seventh president of the United States, has been criticized for his ownership of slaves and treatment of American Indians. In the redesign announced in 2016, he would have remained on the back of the $20 bill. (Reporting by Makini Brice; Editing by Cynthia Osterman)