Business & Financial News, U.S & International Breaking News

The Federal Reserve on Wednesday left its key overnight interest rate near zero and made no change to its monthly bond purchases, pledging again to keep those economic pillars in place until there is a full rebound from the pandemic-triggered recession.

The Biden administration will work to safeguard American telecoms networks from "untrusted vendors" like Huawei Technologies Co Ltd that threaten national security, the White House said on Wednesday, offering some insight into its plans for China's top telecoms equipment company, long in Washington's crosshairs.

The impeachment proceeding against Donald Trump on a charge of inciting the Jan. 6 attack on the U.S. Capitol has fueled speculation online that he could lose some of the benefits extended to former presidents.

Fiat Chrysler said on Wednesday it will plead guilty to charges it conspired with company executives to make illegal, lavish gifts to United Auto Workers (UAW) leaders and undermined workers' confidence in collective bargaining.

Police in Moscow detained Oleg Navalny, the brother of jailed Kremlin critic Alexei Navalny, and searched the homes of the opposition politician's associates and other properties linked to him, his allies said.

American actress Cloris Leachman, who won eight Emmys for her work on "The Mary Tyler Moore Show" and other television programs as well as an Academy Award for "The Last Picture Show," died on Wednesday at the age of 94, her representatives said.