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Photo: Tim P. Whitby - WPA Pool/Getty Images

Prince Charles, 71, has tested positive for the coronavirus and is experiencing "mild symptoms but otherwise remains in good health," a royal spokesperson announced Wednesday.

Why it matters: The spokesperson also said that "it is not possible to ascertain" from whom the prince caught the virus, given the number of public events in which he took part recently — which could become a problem for other leaders across the globe.

Go deeper

Dan Primack, author of Pro Rata
14 mins ago - Economy & Business

All about the boards

Illustration: Brendan Lynch/Axios

It's been a bad week for the idea that boards of directors are bulwarks against C-suite malfeasance. On the other hand, it's been a good week for rubber stamp manufacturers.

Driving the news: The board of media startup Ozy Media chose not to investigate a blatant fraud perpetrated by one of its top executives against Goldman Sachs, which was in talks to invest in Ozy.

Updated 38 mins ago - Politics & Policy

Senators grill top Pentagon leaders over Biden's Afghanistan exit

Photo: Carolone Brehman/Pool/AFP via Getty Images

Defense Secretary Lloyd Austin, Joints Chiefs of Staff Chairman Gen. Mark Milley, and the head of U.S. Central Command, Gen. Frank McKenzie, are testifying before Congress for the first time since the chaotic U.S. withdrawal from Afghanistan.

The latest: Austin said in his opening statement that military leaders began planning for a non-combatant evacuation of Kabul as early as the spring, and that this is the only reason U.S. troops were able to start the operation so quickly when the Taliban captured the city. "Was it perfect? Of course not," Austin acknowledged.

Congress must raise the debt limit by Oct. 18, Yellen warns

U.S. Treasury Secretary Janet Yellen during a press conference at the Capitol on Sept. 23. Photo: Sarah Silbiger/Bloomberg via Getty Images

Treasury Secretary Janet Yellen told House Speaker Nancy Pelosi in a letter Tuesday that the United States will likely begin to default on its loans shortly after Oct. 18 if Congress fails to raise or suspend the debt ceiling by then.

Why it matters: The U.S. has never defaulted on its financial obligations, and Yellen has previously warned that doing so would cause irreparable damage to the U.S. economy and global financial markets.