The U.S. Senate on Tuesday blocked President Donald Trump's controversial pick from joining the Federal Reserve board, at least for now.

The booming U.S. housing market showed no sign of letting up in October as new home construction rose more than expected even as permits stayed flat, government data showed Wednesday.

Star-spangled and featuring a SpaceX rocket module, the US pavilion at the gigantic Expo 2020 Dubai site was handed over Wednesday less than a year before the delayed launch of the world fair.

Amazon said Tuesday it was launching an online pharmacy for U.S. consumers, who will be able to order prescription medications directly from the e-commerce giant's website or mobile app.

As the country faces spiking Covid-19 cases, U.S. consumers steered their dollars towards e-commerce outlets in October, according to government data released Tuesday.

Wall Street stocks retreated from records early Tuesday following disappointing retail sales, while drugstore shares were hammered by Amazon's announcement about an online pharmacy.

European stock markets retreated Tuesday as a rally based on raised vaccine hopes petered out.

Hungary and Poland blocked approval of the EU's long-term budget and a linked 750-billion-euro coronavirus rescue package on Monday, plunging the bloc into political crisis.

Wall Street stocks rose early Monday following upbeat news on a coronavirus vaccine and merger announcements in the banking and retail industries.

A top EU diplomat warned Monday it was getting dangerously late to secure a post-Brexit trade deal as a week of crucial talks began in Brussels.