Federal Reserve Bank of Boston President Susan Collins said the banking system is sound and more interest-rate increases are needed to bring down inflation.
Apollo Global Management Inc. is considering bidding as much as $2.78 billion for equipment and parts manufacturer Arconic Corp., according to a person familiar with the matter.
US Secretary of State Antony Blinken condemned Russia for detaining Wall Street Journal reporter Evan Gershkovich in the Russian city of Yekaterinburg on suspicion of espionage. “We are deeply concerned over Russia’s widely reported detention of a U.S. citizen journalist,” Blinken said in a statement.
Lawyers for Sam Bankman-Fried may challenge the validity of new charges filed in New York against the FTX co-founder since he was extradited to the US from the Bahamas.
Venezuela will push back a legal deadline on $60 billion of defaulted debt in a bid by President Nicolas Maduro to prevent creditors from filing a wave of lawsuits while he attempts to regain recognition from the US.
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