A ticket sold in Oregon is the sole winner of the $1.326 billion Powerball jackpot, the eighth-largest U.S. lottery prize ever, Powerball officials announced Sunday.
BEIJING, China — Treasury Secretary Janet Yellen has a growing set of allies working to slow the flow of cheap Chinese-made clean-tech products that they say are warping global prices.
Why it matters: There's rising worldwide backlash against China's massively subsidized factory sector, which is producing more electric vehicles, solar panels and other products than its economy can absorb.
The Palestinian death toll from the Israel-Hamas war is over 32,000. Among those killed in Gaza are 196 aid workers, including seven World Central Kitchen workers who died in an Israeli air strike last Monday.
GUANGZHOU, China—The U.S. and China committed to hold more talks about key threats to the global economy, including the risk of a glut of cheap China-made goods that the Biden administration warns will slam American companies.
Why it matters: That agreement is the immediate result of hours-long meetings between Treasury Secretary Janet Yellen and her counterpart in China—a very minor step aimed at cooling tensions around overproduction concerns.
