Wimbledon will accept entries from Russian and Belarusian players for this year's tournament if they agree to compete as neutral athletes and comply with "appropriate conditions," organizers announced Friday in a statement.

The Federal Reserve's preferred inflation gauge cooled back down in February after ticking up unexpectedly the month before, a welcome sign in the central bank's long battle to bring down historic price increases.

It cost the Federal Deposit Insurance Corporation about $23 billion to clean up the mess that Silicon Valley Bank and Signature Bank left in the wake of their collapses earlier this month.

Inflation in Europe has fallen to its slowest pace in more than a year, though stark signs of persistent underlying pressure on prices will complicate policymakers' next move on borrowing costs.

Pope Francis is expected to be discharged from hospital on Saturday, Vatican spokesman Matteo Bruni said Friday in a statement.

Just weeks after being named the 2022 CNN Hero of the Year, Nelly Cheboi traveled more than 7,000 miles to bring her award home. Far from the lights, cameras, and celebrities who surrounded her at the gala event in New York City, Cheboi was greeted by her own heroes: the students she serves in rural Mogotio, Kenya.

A US default would have such devastating economic and financial consequences that many observers dismiss the possibility out of hand. But investors are not ruling out such a nightmare scenario.

Japan will restrict the overseas sale of chip manufacturing equipment, joining the United States and the Netherlands in curbing the export of key technology to China.

Dior hosted a landmark runway show in Mumbai on Thursday, a move nodding both to India's long-standing role in manufacturing European high fashion and the growing power of its luxury consumers.

A key index measuring the strength of China's massive services sector jumped to its highest level in more than a decade, as the country's economic recovery gained traction.