Category U.S.

President Joe Biden will authorize Ukraine to use U.S.-provided weapons to launch strikes against Russian territory, three sources familiar with the decision told Reuters and multiple news outlets on Sunday. Ukraine has for months urged the U.S. to authorize long-range…

The Federal Reserve on Wednesday said it is cutting its benchmark interest rate by 0.50 percentage points, marking the first reduction in four years and moving to ease borrowing costs as inflation-weary consumers are grappling with high rates on everything…