Russia fires economist who said it cannot win war of attrition
The state development bank confirmed Klepach's exit but gave no reason; The Bell reported chairman Igor Shuvalov acted after a call from above.
Business
Mortgage rates near 7% as 30-year Treasury yield tops 5.32%
The 30-year yield touched a 19-year high on Tuesday, pushing borrowing costs higher for households.
The Numbers
AllOfficial series, each dated to the observation it comes from.
Inflation3.3%
Unemployment4.1%
30-year mortgage6.67%
Federal Reserve Bank of St. Louis
Hayden Panettiere, Heroes and Nashville star, dies at 36
Police in Greenville, South Carolina, found no signs of foul play, and her publicist said the death remains under investigation.
Trial opens for man accused of arranging Microsoft manager's killing
Prosecutors say Bridegan was lured from his car by a tire in the road and shot as his 2-year-old daughter sat strapped in the back seat.
Politics
4 stories · updated 12 AugThe National Guard is booked in Washington until January 2029
Washington marked a year of the Guard deployment with a protest outside the White House, and the District's appeal over its legality is still pending.
The DC troop fight runs on crime numbers the city cannot vouch for
Police data shows violent crime in Washington up 3 percent this year even as homicides fell 32 percent, on a table the department calls preliminary.
FCC chair took $75,000 in gala tickets from a company he regulates
Watchdog groups asked ethics officials to investigate gala tickets Paramount gave FCC commissioners during its merger reviews. One wants the chairman disqualified.
Trump narrows birthright citizenship in two new orders
In CDC data for 2024, 9,576 births were to mothers with foreign addresses. The Center for Immigration Studies puts it as high as 26,000.
World
2 stories · updated 18 Aug
Jason Arday, Cambridge's youngest Black professor, found dead at 41
Police are treating the death of the 41-year-old academic as unexpected but not suspicious; his family says he faced a sustained campaign of abuse.
France's top court strikes down under-15 social media ban
Passed by Parliament last month, the law would have made France the first EU country to bar minors under 15 from social platforms.
Business
3 stories · updated 18 AugFrasers rescues Harvey Nichols in pre-pack deal, saving 1,000 jobs
The August 13 pre-pack transfers six stores, the online business and international franchises to Frasers, while the OXO Tower restaurant is sold separately.
Court filings tie Anthropic's book purchases to AI training
Japan orders over 218,000 to evacuate as Chiba rain turns deadly
Entertainment
4 stories · updated 16 Aug
Health
3 stories · updated 16 AugFDA approves the first mRNA flu shot after refusing to review it
The FDA approved the first influenza vaccine made with mRNA, months after refusing to review the application. Clearance for adults over 65 is conditional on a further study.
Head Start rule strips federal standards and adds new mandates
Grant overhead would be capped at 5 percent, down from 15, the engine of a claimed $2.2 billion saving the rule's own accounting puts at $0.94 billion.
Public Citizen says Medicare delayed Creon price talks by seven years
AbbVie's Creon cost Medicare $1.49 billion in 2024 and the drug picked instead cost about half a billion less.