The Federal Reserve’s decision to stop its interest-rate hikes, at least temporarily, is a break for consumers who’ve watched everything from their credit cards to mortgages get more expensive.
Israeli Prime Minister Benjamin Netanyahu said his government would push ahead with its contentious plan to reshape the judicial system after opposition lawmakers suspended negotiations over a compromise approach.
New York City’s air quality was rated as “moderate” early Sunday morning after falling to an “unhealthy” level overnight as smoke from wild fires in Canada continues to impact the US East Coast.
Jerome Powell will be in the Capitol Hill spotlight a week after the Federal Reserve paused its most aggressive tightening campaign in decades, with investors watching for clues on whether central bankers are indeed leaning toward further interest-rate hikes.
Transportation Secretary Pete Buttigieg said the US must take steps to cut into China’s advantage in batteries used to power electric vehicles, saying building the refining capacity for key materials is “addressable.”
Ethnic violence in India’s northeastern Manipur state has continued for more than a month, claiming over 100 lives and with mobs torching houses including those of the ruling party’s leaders.
Silicon Valley-based tech investor Plug and Play Tech Center, an early backer of firms including Dropbox Inc. and PayPal Holdings Inc., is looking to raise $100 million to invest in Saudi tech startups, potentially with backing from a unit of the kingdom’s sovereign wealth fund.
Juventus Football Club SpA said its Swedish international player Dejan Kulusevski will transfer to Tottenham Hotspur for €30 million after being on loan since early last year.
A pan-African payment system that would allow African nations to trade among themselves, using their own currencies, is gaining momentum.
Britain’s bond market is approaching an inflection point, with inflation data and a Bank of England decision set to shape the outlook for traders after yields rose to the highest level since 2008.
