Fed raises key rate by quarter-point despite bank turmoil

WASHINGTON, D.C. — The Federal Reserve extended its year-long fight against high inflation Wednesday by raising its key interest rate by a quarter-point despite concerns that higher borrowing rates could worsen the turmoil that has gripped the banking system.

Fox, Dominion argue over legal standards to prove defamation

WILMINGTON, Del. — Lawyers for Fox News and a voting machine company tangled Wednesday over the high bar to prove defamation in a $1.6 billion lawsuit that has embarrassed the conservative network over its airing of false claims related to the 2020 presidential election.

Analysis: China’s sway over Russia grows amid Ukraine fight

MOSCOW — It was a revealing moment during Chinese leader Xi Jinping’s tightly scripted visit to Moscow: Standing in the doorway of the Grand Kremlin Palace, he told Russian President Vladimir Putin that the two of them were “witnessing the changes that haven’t been seen in more than a century, and we are pushing them together.”

Macron wants French pension plan implemented by end of year

PARIS — President Emmanuel Macron is stubbornly resisting growing discontent on the streets of France, saying on Wednesday that the pension bill he pushed through without a vote in parliament to raise the retirement age from 62 to 64 must be implemented by the end of the year.

Biden creates national monuments in Nevada, Texas mountains

WASHINGTON, D.C. — President Joe Biden said Tuesday he is establishing national monuments on more than half a million acres in Nevada and Texas and creating a marine sanctuary in U.S. waters near the Pacific Remote Islands southwest of Hawaii. The conservation measures are “protecting the heart and soul of our national pride,” Biden said.

Pence seeks ‘common sense’ Social Security, Medicare reform

As he mulls a 2024 presidential bid, former Vice President Mike Pence on Tuesday called for “common sense and compassionate solutions” to reform entitlement programs and the nation’s debt burden, suggesting changes to Social Security and Medicare programs hurtling toward insolvency, particularly for younger generations, without naming specific recommendations.

Arkansas restricts school bathroom use by transgender people

LITTLE ROCK, Ark. — Arkansas Gov. Sarah Huckabee Sanders on Tuesday signed a law prohibiting transgender people at public schools from using the restroom that matches their gender identity, the first of several states expected to enact such bans this year amid a flood of bills nationwide targeting the trans community.

Japan’s PM offers Ukraine support as China’s Xi backs Russia

KYIV, Ukraine — Prime Minister Fumio Kishida made a surprise visit Tuesday to Kyiv, engaging in dueling diplomacy with Asian rival President Xi Jinping of China, who met in Moscow with Russian President Vladimir Putin to promote Beijing’s peace proposal for Ukraine that Western nations have all but dismissed as a non-starter.

Israel repeals 2005 act on West Bank settlement pullout

JERUSALEM — Israeli lawmakers on Tuesday repealed a 2005 act that saw four Jewish settlements in the occupied West Bank dismantled at the same time as Israeli forces withdrew from the Gaza Strip. The development could pave the way for an official return to the abandoned West Bank areas in another setback to Palestinian hopes for statehood.