President Joe Biden on Wednesday said he had underestimated the extent of Republican opposition to his programs and acknowledged Americans' frustration at the slow pace of COVID-19 testing, but said the United States was on track to meet considerable challenges from the pandemic and inflation.
- EuropeBlinken tells Ukraine he will keep working to avert Russian attack
U.S. Secretary of State Antony Blinken said on Wednesday that Russia could launch a new attack on Ukraine at "very short notice" but Washington would pursue diplomacy as long as it could, even though it was unsure what Moscow really wanted.
- BusinessWall Street sell-off deepens, Nasdaq confirms correction
Wall Street's main indexes ended sharply lower on Wednesday, with the tech-heavy Nasdaq confirming it was in a correction, after a diverse set of corporate earnings and as investors continued to worry about higher U.S. Treasury yields and the Federal Reserve tightening monetary policy.
- BreakingviewsSony brings a knife to global video-games gunfight
- United StatesVoting rights brawl takes center stage in U.S. Senate
The U.S. Senate headed for a high-stakes showdown over the 100-seat chamber's filibuster rule on Wednesday, as Republicans prepared to use the 60-vote threshold to block an election reform bill Democrats insist is necessary to preserve the right to vote.
- Macro MattersWall Street banks eye 'new normal' for trading revenue after stellar two years
- FinanceMorgan Stanley outperforms rivals with profit beat
- Retail & ConsumerP&G lifts sales forecast as price hikes, hygiene product demand continue
- FinanceBank of America profit beats estimates on loan growth, M&A boost
- BusinessBetMGM raises 2022 revenue outlook as U.S. sports-betting takes off
- Healthcare & PharmaceuticalsUnitedHealth says Omicron-driven cost impact cushioned by healthcare deferrals
- BusinessBarrick's Q4 gold output rises 10% powered by Nevada gold mines
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After the rains
California salmon reclaim old spawning grounds