NEW YORK — The Biden administration eased some of the restrictions on banking giant Wells Fargo, saying the bank has sufficiently fixed its toxic culture after years of scandals. The…
Government policy
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HONG KONG — Asian stocks were mixed Wednesday as markets awaited a decision on interest rates by the Federal Reserve, while China reported manufacturing contracted in January for a fourth…
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News
Biden urges Congress to embrace border bill. But House speaker suggests it may be ‘dead on arrival’
WASHINGTON — President Joe Biden on Friday pressed Congress to embrace a bipartisan Senate deal to pair border enforcement measures with Ukraine aid, but House Speaker Mike Johnson suggested the…
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BANGKOK — Asian shares were mixed on Wednesday after Japan reported its exports jumped nearly 10% in December, though shares in Tokyo fell nearly 1%. Hong Kong advanced while Shanghai…
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News
Biden says US strikes against Houthi rebels will continue as bombardment has yet to deter militants
WASHINGTON — President Joe Biden said Thursday that U.S. military strikes against Iranian-backed Houthi rebels in Yemen will continue, but he acknowledged that the American and British bombardment has yet…
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News
Harvard president Claudine Gay resigns amid plagiarism claims, backlash from antisemitism testimony
CAMBRIDGE, Mass. — Harvard University President Claudine Gay resigned Tuesday amid plagiarism accusations and criticism over testimony at a congressional hearing where she was unable to say unequivocally that calls…
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News
Stock market today: Asian shares are mixed as Bank of Japan keeps its monetary policy unchanged
BANGKOK — Asian shares were mixed Tuesday after a seven-week winning streak on Wall Street cooled. U.S. futures were flat and oil prices were little changed. Tokyo’s Nikkei 225 index…
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News
Tuberville is ending blockade of most military nominees, clearing way for hundreds to be approved
WASHINGTON — Sen. Tommy Tuberville announced Tuesday that he’s ending his blockade of hundreds of military promotions, following heavy criticism from many of his colleagues about the toll it was…