U.S. price inflation will remain high until the coronavirus pandemic is officially over, says Deputy Treasury Secretary Wally Adeyemo. Speaking in an interview with CNBC‘s Hadley Gamble at the Adipec energy industry forum in Abu Dhabi on Tuesday, Adeyemo noted that President Joe Biden has tackled many issues but conceded that more…

WASHINGTON—U.S. Treasury Secretary Janet Yellen on Tuesday said she would visit tribal communities over the next year as her department continues to expand its engagement with Native American tribes, which were hit disproportionately hard by the COVID-19 pandemic. Yellen told the second day of a White House Tribal Nations Summit…
Commentary The U.S. government just gave the Chinese Communist Party (CCP) a victory, and violated international law, by repatriating a former bank manager to China. The repatriation will chill internal resistance in China. On Nov. 14, China’s anti-graft watchdog announced that Xu Guojun, former president of the Bank of China’s…
LOS ANGELES—The City of Los Angeles’ ordinance banning restaurants from offering disposable utensils and napkins to customers took effect Nov. 15. The ordinance prohibits facilities from having self-service disposable foodware dispensers and from offering them to dine-in and take-out customers, except when requested. The city council approved the ordinance in April…