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Turkish lira slips as US moves closer to sanctions over S-400s

Turkey's lira slipped on Friday after US lawmakers included mandatory Turkish sanctions in a defence spending bill that moves Washington a step closer to punishing its NATO ally for buying Russian S-400 missile defences last year. The final version of the $740 billion annual US defence...

Biden taps Janet Yellen as Treasury secretary

US President-elect Joe Biden on Monday formally tapped ex-Federal Reserve chair Janet Yellen to lead the Treasury, as he named officials to try to revitalize the world's largest economy. The United States is struggling with a massive Covid-19 outbreak that's caused tens of millions of...

For Big Tech, Biden brings a new era but no ease in scrutiny

The Obama-Biden administration was a charmed era for America's tech companies — a moment when they were lionized as innovators, hailed as job creators and largely left alone. Now Joe Biden is coming back, this time as president. But times have changed. The halcyon days of an adoring...