In its third public hearing to lay out its findings, the House committee investigating the Jan. 6 attack showed evidence that the president knew his order to the vice president was unlawful.
Central bankers raised interest rates by three-quarters of a percentage point, and signaled that they expect rates to be sharply higher by the end of the year.
While lifting some levies on China is unlikely to put a large dent in inflation, administration officials concede they have few other options to address surging prices.
U.S. stock markets were poised for a modest recovery after a rout that sent the S&P 500 into a bear market, while bitcoin remained under pressure after selling off sharply in recent days.
U.S. Treasury yields have surged to new multiyear highs, reflecting uncertainty over how high the Fed will have to raise interest rates to tame inflation.14 min read
A string of troubling inflation reports is likely to lead Federal Reserve officials to consider surprising markets with a larger-than-expected interest-rate increase at their meeting this week.
The agreement, which falls short of the sprawling changes championed by Democrats, is a significant step toward ending a yearslong impasse over gun reform legislation.
The record high, according to OPIS, comes as U.S. consumer inflation hit its highest level in 40 years and crude oil prices remain high.
The House panel investigating the attack led its public sessions with video testimony from people close to the former president about his actions before and during the riot.
Treasury Secretary Janet Yellen said this week that the U.S. was involved in “extremely active” talks with European allies about efforts to form a buyers’ cartel and set a cap on the price of Russian oil.
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