Federal Reserve Chair Jerome Powell on Wednesday reaffirmed his message of higher and potentially faster interest rate hikes, but emphasized that debate was still underway with a decision hinging on data to be issued before the U.S. central bank's policy meeting in two weeks.
- LegalLouisville police discriminate against Black people, US Justice Dept says
The Louisville, Kentucky, police force routinely discriminates against Black residents, uses excessive force and conducts illegal searches, the U.S. Justice Department said on Wednesday, following a probe prompted by Breonna Taylor's killing in 2020.
- WorldTwenty years later, US Senate may finally end authorization for war on Iraq
A U.S. Senate committee backed legislation on Wednesday to repeal two authorizations for past wars in Iraq, paving the way for a possible vote in the full Senate before the 20th anniversary of the last invasion by American troops.
- WorldAnalysis: Biden's focus on deficit in budget is targeted at Republicans
Cutting the $32 trillion debt doesn't mean that the White House sees an imminent crisis. Instead, it hopes to draw a sharp contrast with Republicans who refuse to raise the debt limit without spending cuts.
Women's Day
- UN warns of aid cuts over Taliban crackdown on women's rightsWorld ·
March 8, 2023 · 9:17 PM UTC · undefined agoThe U.N. envoy in Afghanistan warned on Wednesday that a Taliban administration crackdown on women's rights is likely to lead to a drop in aid and development funding in the country, where women fear being cut from public life as much as violent death.