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Shaun Donovan will stay in his job as head of the Department of Housing and Urban Development for a second term under President Barack Obama, an official said Wednesday.

Mr. Donovan, a former New York City housing commissioner, led HUD during the worst housing crisis since the Great Depression. His return to the post was largely expected after Mr. Obama tasked him late last year with

After nearly two weeks of negotiations, the United Nations Climate Change Conference in Glasgow, Scotland was expected to extend into the weekend Friday as policymakers missed the evening deadline for finalizing their deal on how countries will combat the climate crisis—with leaders unable to come to an agreement thus far regarding financial support for the Global South, fossil fuel subsidies

We are experiencing a painful introduction to anti-globalism and its consequences.

To fight a pandemic, governments are erecting barriers to the movement of people and goods unlike anything seen since the end of World War II. In some ways, the new barriers are even tighter. America’s borders with Canada and Mexico remained open during the war, but they are closed now.

These

Federal Reserve officials have spent the past two months getting investors acclimatized to their plans to slow economic growth and combat inflation by raising interest rates in half-percentage-point increments until price pressures cool.

This coming week’s policy meeting will show whether officials are still comfortable with that approach in light of reports Friday that inflation