TikTok is intensifying its public-relations blitz days before its chief executive officer testifies on Capitol Hill this week, but congressional aides say there’s little he can say that will convince lawmakers the app can be insulated from Chinese influence.
The White House has a message for those watching for a sweeping US response to the global banking crisis: It’s now in the hands of Congress.
Moderna Inc. plans to tell US lawmakers that it more than adequately compensated the government for its role in a Covid-19 vaccine partnership that brought the drugmaker billions of dollars, a central point in what’s likely to be a heated Capitol Hill hearing this week.
Stocks finished higher as regulators worldwide rushed to shore up market confidence, with the recent financial turmoil spurring speculation on a slower pace of tightening from major central banks.
President Joe Biden signed a measure blocking a new District of Columbia criminal code that eliminated nearly all mandatory minimum sentences, breaking with many Democrats on an issue that could sway the 2024 elections.
Canada’s federal government is stepping up environmental oversight in Alberta’s oil sands after Imperial Oil Ltd. and the provincial regulator were slow to report toxic spills.
Bruce Springsteen, Gladys Knight and Julia Louis-Dreyfus are among 23 recipients who will be honored for their contributions to the arts and humanities by President Joe Biden.
Gold prices could surpass the record set at the height of the Covid-19 pandemic if ongoing turmoil in the banking sector persists and global central banks downshift their interest-rate hiking cycle, according to Sprott Inc., a top investor in the bullion industry.
Canada’s financial institutions’ regulator moved to reassure investors as the country’s riskiest bank debt joined a global selloff after the value of some Credit Suisse Group AG bonds was wiped out in the bank’s takeover by UBS Group AG.
Emerging markets showed signs of resilience Monday as investors assessed the extent of the banking turmoil, with currencies like the Hungarian forint rebounding and volatility easing.
