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The latest business and finance news from around the world from the BBC
27 Aug 2020 • 6 mins
TikTok has been given 90 days to sell its US arm to an American firm or face a ban in the country. Donald Trump has alleged it shares its user data with Beijing - claims it denies. Earlier on Thursday the firm's boss resigned ahead of the impending ban. The Federal Reserve has outlined a plan to revolutionise how it sets policy, including interest rates. The bank will now let inflation rise to allow the economy to produce more jobs. We get the markets reaction from Cary Leahy.