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US retail sales dropped in September for the first time in seven months as American shoppers felt less secure amid domestic political turmoil and the fallout from the US-China trade war, according to analysts.

US Secretary of State Mike Pompeo departs after speaking to reporters following a meeting with members of the UN Security Council about Iran's alleged non-compliance with a nuclear deal and calling for the restoration of sanctions against Iran at UN headquarters in New York, US, August 20, 2020. [Photo/Agencies]

US stocks rose sharply on Monday, recovering from declines in the previous session, as investors viewed more fiscal stimulus as likely and after news President Donald Trump will leave the hospital where he is being treated for COVID-19.

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US medical experts attended the meeting with visiting Cuban officials at the State Department to discuss "some of the medical issues" that the US diplomats have allegedly experienced, said the department spokesperson Heather Nauert at a daily briefing.

US media multi-billionaire Michael Bloomberg, former Mayor of New York and owner of the eponymous news service, said he'll pay the outstanding US contribution to the funding for the Paris Agreement on climate change after President Donald Trump announced the US was withdrawing from the pact.

US accusation of 'unfair playing field for foreign firms' is baseless, say experts

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US Congress should immediately stop interfering in Hong Kong affairs and advancing Hong Kong-related acts, the Foreign Ministry's top representative in the Hong Kong special administrative region said in a statement on Thursday.

US President Donald Trump acknowledges supporters during a campaign rally at the Las Vegas Convention Center in Las Vegas, Nevada, US, February 21, 2020. [Photo/Agencies]

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US President Donald Trump worked on Sunday to take back an apparent acknowledgment that Democrat Joe Biden won the White House and was making clear he would keep trying to overturn the election result.

US stocks had been trading near the day's high when the latest trickle of CEO resignations emerged in early afternoon and the market weakened substantially.