Political | Process

In one email to Mr. Archer in April 2014, Mr. Biden outlined his vision for working with Burisma. In the email, Hunter Biden indicated that the forthcoming announcement of a trip to Ukraine by then Vice President Joe Biden, who is referred to in the email as “my guy,” but…

That will bring the rate now into a range of 0.25%-0.5%. The move will correspond with a hike in the prime rate and immediately send financing costs higher for many forms of consumer borrowing and credit. Fed officials indicated the rate increases will come with slower economic growth this year. Along with…

Monica Cannon-Grant and her husband, Clark Grant, allegedly used money from their nonprofit, Violence in Boston, to pay for rent, shopping sprees, hotels, car rentals, auto repairs, meal deliveries, and a summer vacation trip to Maryland, the U.S. attorney’s office said in a statement. The couple was charged in an 18-count indictment…

The policy means that Afghans brought to the U.S. in the chaotic withdrawal from Afghanistan last year, many of whom didn’t go through a formal process and weren’t fully vetted, will not be in line for removal. “This TPS designation will help to protect Afghan nationals who have already been…

Talks about yuan-priced oil contracts between the two countries have been on and off over the past six years but have become more frequents Saudi Arabia’s relationship with the United States becomes increasingly strained, sources told the publication. The Biden administration released a report in February2021 accusing Saudi Arabia’s Crown Prince Mohammed bin Salman of having…

The sanctions against the U.S. officials comes as the war in Ukraine has been going on for nearly a month and some experts believe that Russia is potentially running out of the steam that it needs to take over the country. “The Russians went after his [Fmr. Amb. to NATO…

The news came just days after a report for the month of February found consumer prices increased by 7.9% — the fastest annual rate in four decades. The high rate of inflation has damaged President Joe Biden politically and undercut support for his spending proposals. “Inflation in the pipeline is showing few signs of decelerating…

Both finished their seventh negative session in the past eight. Meanwhile, the Dow Jones Industrial Average finished flat, up about 1 point to 32,945.24, after climbing as much as 450 points earlier in the day. “Investor sentiment is as bad as it gets. People have their positions and they’re reluctant…

People with the lowest incomes also were most likely to report major financial challenges from inflation. Almost half with incomes of less than $60,000 reported major financial strain, while just 13% of those making $150,000 or more did so. Some poll participants said they blame President Biden for inflation because he has…

He cited the importance of the Fed in fighting inflation and past remarks Raskin has made that are skeptical of fossil fuels in his decision to oppose her nomination. Raskin, whom President Joe Biden nominated to be the Fed’s vice chairwoman of supervision, has faced intense scrutiny from Republican members of the Senate Banking Committee. Republicans contend…