What to Watch at the Fed’s Final Meeting of 2023

Federal Reserve officials will wrap up a year of aggressive inflation fighting on Wednesday afternoon, when they are expected to use their final policy decision of 2023 to leave interest rates at their highest level in 22 years. The Fed is finishing the year on pause after the most intense campaign of interest rate increases …

Republicans Sideline Zelensky With Border Demands, Imperiling Aid Package

“He simply said, ‘I know that I should not be involved’” in the discussions about the border, said Senator Mike Rounds, Republican of South Dakota. “He made it clear that he understood that that was an issue. He was there to talk about their needs. And he did a very good job of not getting …

E.U. Moves to Tap Frozen Russian Assets to Help Ukraine

Following months of political wrangling, the European Union on Tuesday officially began a lengthy process to deliver on its pledge to use money derived from frozen Russian central bank assets toward the reconstruction of Ukraine. The European Commission, the bloc’s executive arm, said it had agreed on a proposal detailing a legal way to use …

U.S. and Ukraine Search for a New Strategy After Failed Counteroffensive

American and Ukrainian military leaders are searching for a new strategy that they can begin executing early next year to revive Kyiv’s fortunes and flagging support for the country’s war against Russia, according to U.S. and Ukrainian officials. The push for a fresh approach comes after Ukraine’s monthslong counteroffensive failed in its goal of retaking …

Lawmakers Call for Raising Tariffs and Severing Economic Ties With China

Bipartisan lawmakers on Tuesday called for severing more of America’s economic and financial ties with China, including revoking the low tariff rates that the United States granted Beijing after it joined the World Trade Organization more than two decades ago. The House Select Committee on the Chinese Communist Party released a wide-ranging set of recommendations …

‘I Refuse to Be Old’: The 81-Year-Old Runner Who Became a South African Celebrity

But even among that rarefied bunch, Mosehla cuts a distinct profile. He qualified for the Comrades with a standard marathon time of 3 hours 51 minutes — 40 minutes faster than the global average for anyone of any age. And at this year’s Comrades, he ran a pace of nearly six miles an hour — …

House Plan to Vote on Extension of Disputed Surveillance Law Collapses

The House scrapped votes on rival bills late Monday that would narrow the scope of a powerful surveillance tool after an ugly fight broke out among Republicans, likely punting until next year on plans to renew but also limit an expiring wiretapping law at the heart of the program. In a hastily organized closed-door meeting, …

Judge Upholds Texas TikTok Ban on Government Devices

A federal judge in Texas on Monday upheld a ban that prevented state employees from using TikTok, the Chinese-owned short-form video app, on government devices and networks, rejecting a challenge by lawyers who argued that the prohibition had violated the First Amendment. The ban was challenged in July by the Knight First Amendment Institute at …

Vic Davalillo, Venezuelan All-Star and Gold Glove Winner, Is Dead

Vic Davalillo, a two-time World Series champion who spent 16 seasons in the major leagues and won a Gold Glove as an outfielder, died on Wednesday in Caracas, Venezuela. He was 84 or 87; sources differ on his age. His daughter Helga Davalillo said he died after emergency surgery for an intestinal obstruction and renal …

Special Counsel Asks Supreme Court to Decide Whether Trump Is Immune From Prosecution

Jack Smith, the special counsel prosecuting former President Donald J. Trump on charges of plotting to overturn the 2020 election, asked the Supreme Court on Monday to rule on Mr. Trump’s argument that he is immune from prosecution. The request was unusual in two ways: Mr. Smith asked the justices to rule before an appeals …