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Ukraine Unyielding in Bakhmut as Russian Troops Close In

Ukrainian military leaders are determined to hold onto Bakhmut, Kyiv officials said Monday, even as Russian forces continued to encroach on the devastated eastern Ukrainian city that they have sought to capture for six months at the cost of thousands of lives. Ukrainian President Volodymyr Zelenskyy’s office said he chaired a...

Federal Reserve Officials Sound Warnings About Higher Rates

A run of strong economic data and signs that inflation remains stubbornly high could lead the Federal Reserve to raise its benchmark rate higher in the coming months than it has previously forecast, several Fed officials say. On Thursday, Christopher Waller, a member of the Fed's influential Board of Governors, said that if the...

Average Long-Term US Mortgage Rate Hits 3-Month High

The average long-term U.S. mortgage rate hit a three-month high this week, reflecting higher Treasury yields and expectations that the Federal Reserve will continue to raise its benchmark rate and keep it there until inflation recedes. Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate...

California Sen. Dianne Feinstein Hospitalized

California Democratic Sen. Dianne Feinstein — the oldest member of Congress — disclosed Thursday that she has been hospitalized in San Francisco and is being treated for a case of shingles. The six-term senator, who turns 90 in June, said in a three-sentence statement released by her office that she was diagnosed...

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