Today
Federal Reserve bans officials from buying stocks, bonds
Senior Fed officials -- including regional bank presidents and senior staff -- will be limited to purchasing diversified investment vehicles such as mutual funds.
- 14 mins ago
- Scott Lanman
Ex-cop resentenced for killing Justine Ruszczyk Damond
The former Minneapolis police officer who fatally shot Justine Ruszczyk Damond in 2017 was sentenced to five years in prison.
- Steve Karnowski and Amy Forliti
Yesterday
Trump to regain social media presence with new company
The former US president has announced a deal that will give him a social media platform after he was kicked off Twitter and Facebook platforms.
- Jennifer Jacobs and Mark Niquette
This Month
Musk to become a trillionaire, but not from Tesla, says Morgan Stanley
It will be Elon Musk’s space company, rather than his electric-car maker, that lifts his wealth into the stratosphere, according to one analyst.
- Devon Pendleton
A robot server is helping human waiters earn more in tips
The $US1000-a-month cyborg carries plates at a Florida eatery, giving staff more time with customers, the owner said.
- Kate Duffy
Powell, a statesman who influenced the course of the Iraq war
Colin Powell, 84, who died COVID-19 complications, rose from humble origins in Harlem to become the US Secretary of State during tumultuous times marked by war.
- Jurek Martin and James Politi
US TV network ratings dive after prime years of Trump and trauma
After years of skyrocketing ratings, networks face a breathtaking fall back down to earth as the news cycle calms due to the end of Trump’s presidency and an easing pandemic.
- Anna Nicolaou and Caitlin Gilbert
Colin Powell dies from COVID-19 complications
The US Army general rose to become his country’s first black secretary of state and styled himself a ‘reluctant warrior’.
- Patrick Oster
- Opinion
- Shipping
Supply chain lessons from Long Beach
One of the best things that we could do to avoid port pile-ups in the future is to ensure that no more than 25 per cent of any crucial supply be sourced from one place, or come into one port.
- Rana Foroohar
Man sues Canon for $6m over printers that won’t scan when ink runs low
His class-action lawsuit filed in New York said it expected the full list of plaintiffs to be more than 100 consumers.
- Kevin Shalvey
Democrats weigh carbon tax after Biden climate initiative snubbed
The almost certain demise of the clean electricity program at the heart of Joe Biden’s agenda has outraged many Democrats who say now is the time for a carbon tax.
- Coral Davenport and Luke Broadwater
Former US president Bill Clinton hospitalised, ‘on the mend’
CNN said Mr Clinton, 75, was in an intensive care unit, primarily to give him privacy.
- Updated
- Dan Whitcomb and Brad Brooks
John Kerry says COP26 climate talks may miss target
The US climate envoy and others early on billed the Glasgow summit as “the last, best chance” to drum up momentum for the emissions cuts
- Ellen Knickmeyer
Biden tries to tame inflation by having LA port open 24/7
Prices are jumping in large part because container ships are stranded at ports and because unloaded goods are waiting for trucks, leading to mass shortages and delays.
- Josh Boak
Everybody ‘needs to do this’: Shatner on historic space visit
Actor William Shatner joined Blue Origin, founded by Amazon founder Jeff Bezos in 2000, for its second-ever human spaceflight.
- Jenna Ryu and USA Today
Elon Musk slashes the price on his California mansion
The world’s richest person has cut it by 15 per cent to $US32 million just a few days after announcing that he was moving Tesla’s headquarters to Austin, Texas.
- Claire Ballentine
Rise in US inflation fires up rate hike talk
The US consumer price index rose 5.4 per cent from a year ago, matching the largest annual gain since 2008.
- Updated
- Matthew Cranston
- Analysis
- Inflation
Higher US inflation not as transitory as hoped
Only a few months ago, economists were dismissing US inflation as short-lived. Now they’re not so sure.
- Matthew Cranston
American, Southwest airlines reject Texas vaccine mandate ban
The carriers said they would not comply with an order from the governor of Texas barring private employers from mandating coronavirus vaccines in the state.
- Coral Murphy Marcos and Daniel E. Slotnik
- Opinion
- Donald Trump
How Democrats can save themselves from a Trump return
For the Democrats, now on the defensive despite winning the last election, defusing the possibility of a Donald Trump comeback is a tough balancing act.
- Ross Douthat
