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The major U.S. banks are set to report the biggest jump in loan losses since the COVID-19 pandemic, as rising interest rates put mounting pressure on borrowers across the country. America’s top lenders are expected to release their second quarterly earnings reports this week, with JPMorgan, Wells Fargo, Citigroup, and BlackRock releasing theirs on July

VILNIUS, Lithuania—U.S. President Joe Biden begins his meetings with world leaders on Tuesday at a “consequential” North Atlantic Treaty Organization (NATO) summit in Vilnius, Lithuania. “This is a historic moment,” Biden told NATO Secretary General Jens Stoltenberg during a meeting. “We’re looking for a continued united NATO,” Mr. Biden said, adding that Russian President Vladimir

Determined to find answers behind the abduction of Melissa Witt, LaDonna Humphrey and her investigative team spent eight years on a journey like no other, with never before seen case files, interviewing witnesses and potential suspects, and working alongside retired detectives to find justice. … Read More RSS Feed | The Epoch Times

A new poll by UK banking giant HSBC has found a rising number of managers are reconsidering how they integrate environmental, social, and governance (ESG) issues into their investment strategies. The findings come from the London-based lender’s survey of 310 professionals across the globe in roles related to ESG decision-making. The poll was conducted May 31–June 24, 2023.

Commentary Beijing and Washington seem to have entered a tit-for-tat competition on trade. Late last year, the Biden administration placed restrictions on the export to China of equipment for the manufacture of advanced semiconductors and at the same time announced subsidies for the domestic manufacture of semiconductors. Washington even got Japan and the Netherlands to

America’s Future Series, a non-political speaker series focused on issues that impact U.S. global competitiveness, holds a “Space Innovation Summit” at 9:30 a.m. ET on July 11. Agenda: 9:30 a.m. ET: Welcome, overview, and acknowledgments by Ken Peterman, Board Chairman, President, and CEO of Comtech; David Hamilton, founder and CEO of America’s Future Series. 10:00

Ottawa’s corporate-ethics watchdog is set to announce multiple investigations into whether Canadian companies are importing products made through human-rights abuses in China, a move advocates have sought for years. The Liberals appointed Sheri Meyerhoffer as the first Canadian Ombudsperson for Responsible Enterprise in April 2019, and advocates and MPs have since criticized the government for

Until now, many have enjoyed knowing their beneficiaries could inherit their assets tax-free through an irrevocable trust. It has been used successfully to pass assets safely to children without tax. For many people, it will no longer accomplish that goal. The New Rule on Irrevocable Trusts In March 2023, the Internal Revenue Service (IRS) changed

BANGKOK—The dismembered body of a missing German businessman was found in a freezer inside a house in southern Thailand, police said Tuesday. Tawee Kudthalaeng, the police chief in the town of Nong Prue, said the body of 62-year-old Hans-Peter Mack was discovered at about 11 p.m. Monday. Mr. Mack had been missing for a week.

The Conservatives are calling on the government to increase defence spending to meet NATO’s target for all members and also to support the Canadian military, which is currently experiencing retention and recruitment woes. The call came as Prime Minister Justin Trudeau visited Latvia ahead of the the NATO Leaders’ Summit in Vilnius, Lithuania, this week.