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The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate, drawing dissent from at least two officials who say the move could undermine important safeguards. Known as the enhanced supplementary leverage ratio, the measure regulates the quantity and quality of capital banks should be keeping on their balance sheets. The …

The Tennis Channel is extending its deal with the Women’s Tennis Association that will see the cable TV network and streaming service continue to broadcast more than 2,000 matches each season. While terms of the deal weren’t disclosed, Tennis Channel CEO Jeff Blackburn told CNBC in an interview there was a “pretty big step up in our payments” to the …

A social media fitness influencer known as the “Liver King” was arrested on Tuesday after posting threatening messages directed to popular podcaster Joe Rogan on social media, according to police. The Austin Police Department said in a statement that they arrested Brian Johnson after learning that he was traveling to Austin, where Rogan lives, and threatening the highly influential podcaster …

Even for legendary Dodgers announcer Jaime Jarrín, who’s called Southern California home for seven decades, this moment in history feels unprecedented. As immigration enforcements and ICE raids permeate many parts of Southern California, even reaching the front gates of Dodger Stadium, Jarrín said he’s worried about what’s happening in the communities. After sharing an emotional Instagram post to express his …

Former Massachusetts GOP Sen. Scott Brown is making another run for Senate in New Hampshire. Brown ran unsuccessfully for Senate in New Hampshire in 2014, after representing Massachusetts in the Senate from 2010 to 2013. After his failed New Hampshire run, Brown served as President Donald Trump’s ambassador to New Zealand and Samoa during Trump’s first term. Brown touted his …

NATO allies on Wednesday agreed to more than double their defense spending target from 2% of gross domestic product to 5% by 2035, in the most decisive move from the alliance in over a decade. In a joint declaration, the Western military bloc said it was “united in the face of profound security threats and challenges,” in particular the long-term …

Arizona Diamondbacks manager Torey Lovullo jumped to the aid of second baseman Ketel Marte after a fan ridiculed the player’s late mother, according to MLB.com. The incident happened when the Diamondbacks were playing the Chicago White Sox at Chicago’s Rate Field on June 24. Lovullo put his arm around Marte, who could be seen in tears during a pitching change …

The state of Maine, often associated with breathtaking nature and lobster rolls, is about to be front and center at this year’s NBA draft, as Cooper Flagg is expected to make history as the first No. 1 pick from the Pine Tree State. “It’s a really cool feeling, really cool for me to go through and kind of have all …

Almost 150 million people were under heat advisories and warnings Wednesday morning, as the extreme heatwave that has brought sweltering conditions to the eastern half of the country and smashed dozens of temperature records showed no sign of stopping. The National Weather Service said the conditions remain “extremely dangerous” as the Ohio Valley is set to feel the heat through …

When Khaman Maluach’s freshman season at Duke University ended in April, the biggest question about the 7-foot-2 big man’s ability to play in the NBA had nothing to do with his shooting, size or skill. It had everything to do with his passport. His enormous wingspan and potential made Maluach, who was born in South Sudan and raised in Uganda, …