Bloomberg Business

Wells Fargo & Co. is pursuing private mediation to settle claims of widespread discrimination against Black homeowners by denying them lower interest rates through refinancing and forcing them to pay more for loans.

Volodymyr Zelenskiy told the Wall Street Journal that Ukraine is ready for its counteroffensive against Russia, but downplayed the prospects for rapid success and warned of potential heavy casualties. He also called on a “signal” on NATO’s intentions heading into the military alliance’s summit in Vilnius next month, and said he feared a less-supportive US administration after the 2024 election.

So, the US government won’t default on its debt. The question is whether that’s a win for President Joe Biden or House Speaker Kevin McCarthy. Look for Biden to use their deal as launch pad for his reelection campaign as he seeks to keep left-leaning and Black voters on board . To recap, here’s how “two Irish guys who don’t drink” and their aides, fueled by cookies and pizza, maneuvered around the flanks of both parties to end weeks of uncertainty for the world economy. The whole spectacle may n

Polish state development fund PFR is seeking a higher dividend payment from Bank Pekao SA, the country’s second biggest lender.

Two key Republican lawmakers are pressing the Biden administration to counter Beijing’s ban of US chipmaker Micron Technology Inc. by sanctioning a Chinese semiconductor company and ensuring that Japanese and South Korean firms don’t take advantage of the blockade.