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Israeli strikes on an aid convoy run by the charity group World Central Kitchen killed seven of its workers in the Gaza Strip. Prime Minister Benjamin Netanyahu apologized, and said Israel “deeply regrets” the strike. He called it “a tragic case of our forces unintentionally hitting innocent people.”
Relations between the U.S. and Israel appear to have sunk to a new low after the U.S. abstained from a U.N. vote that allowed a Gaza cease-fire resolution to pass — and domestic politics in both countries are adding to the division.
The Federal Reserve held steady on interest rates at the conclusion of its March meeting, and it's sticking with its forecast for three interest rate cuts. During a news conference Fed Chair Jerome Powell noted that a strong jobs market wouldn't deter the central bank from cutting rates.
Hong Kong passed national security laws at the behest of Beijing. The legislation, known as the Article 23 laws, will thwart decades of public resistance. Critics said the move would strike a lasting blow to the partial autonomy that China had promised the city.
The S&P 500 was lower on Wednesday, pulling back from a record reached in the previous session, as Nvidia cooled off from its red-hot rally.
Kenya said it would pause a plan to send 1,000 police officers to Haiti until the Caribbean country forms a new government. On Monday, Ariel Henry, Haiti’s prime minister, agreed to step down, once a new transitional government is formed. It is unclear when that will happen.
Lufthansa's cabin crew union has called on its members to strike at Lufthansa and short-haul carrier CityLine on Tuesday and Wednesday to press their demands for higher pay.
Millions of voters across 15 states are casting ballots on Super Tuesday, one of the most important dates on the U.S. political calendar.