Business

Fed projects rate increases starting in 2023.

Federal Reserve officials on Wednesday moved up their expectations for when they will first raise interest rates from rock-bottom, a sign that a healing labor market and rising inflation are giving policymakers confidence that they will achieve their full employment and stable price goals in coming years. Fed policymakers now expect to make two interest […]

World News Live

In Leaked Messages, Boris Johnson Called His Health Secretary ‘Hopeless’

LONDON — On the night of March 26, 2020, as the coronavirus was engulfing Britain and its leaders were struggling to fashion a response, Prime Minister Boris Johnson ridiculed his government’s health secretary, with a profanity, as totally “hopeless,” according to a text message posted by his former chief adviser. The WhatsApp message, one of […]

Sports

Chicago Bears WR Allen Robinson resigned to possibly playing NFL season on one-year deal

LAKE FOREST, Ill. — Chicago Bears wide receiver Allen Robinson sounded resigned to possibly playing the 2021 NFL season on a one-year deal in advance of the July 15 deadline for franchise-tagged players to receive long-term contracts. “I don’t have any [contract] updates or nothing like that,” Robinson said on a Tuesday Zoom call. “That’s […]

World News Live

Thailand Sets Mid-October to Reopen to Vaccinated Visitors

Thailand plans to fully reopen to vaccinated foreign visitors by mid-October as the government seeks to restart the crucial coronavirus-devastated tourism industry, the prime minister announced Wednesday. Prime Minister Prayuth Chan-ocha said fully inoculated foreign visitors and returning Thai citizens must be allowed entry without quarantine or other inconvenient restrictions, and that his goal is […]

Business

The Justice Department sues to block a major insurance brokers’ merger.

The Department of Justice filed a civil suit on Wednesday to block the proposed merger of Aon and Willis Towers Watson, arguing that combining two of the Big Three insurance brokers would create an anticompetitive “behemoth.” Many observers thought the government would allow the deal. Regulators in Europe, where both companies also operate, had indicated […]