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Income gap between Black and white US residents shrank between Gen Xers and millennials, study says (apnews.com)

The income gap between white and Black young adults was narrower for millenials than for Generation X, according to a new study that also found the chasm between white people born to wealthy and poor parents widened between the generations....

Exclusive: Citi breached a rule meant to keep banks safe, made liquidity reporting errors (www.reuters.com)

NEW YORK, July 31 (Reuters) - Citigroup repeatedly breached a U.S. Federal Reserve rule that limits intercompany transactions, leading to errors in its internal liquidity reporting, according to a Citi document from December seen by Reuters....

China adjusts restrictions on unregulated civilian drones that can be used for military purposes (apnews.com)

BANGKOK (AP) — China says it will prohibit the export of all unregulated civilian drones that can be used for military purposes or in terrorist activities and that certain drone features will be restricted as the East Asian country faces repeated Western criticism for its stance on the Russian invasion of Ukraine....

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