Wells Fargo said higher interest rates, higher oil prices and persistent inf pose risks to the economy.

China’s Ministry of Industry and Information Technology has opened consultation on a draft mandatory national standard, Safety Technical Requirements for Flying Toys with Self‑Contained Power Systems. The draft’s stated aims are to prevent some civil UAV manufacturers from evading regulation by labeling products as flying toys, curb unauthorized alteration of performance parameters by users, close standards gaps, raise safety requirements, and mitigate safety risks to personal, property and national security.

EMSC revised the magnitude of the Panama earthquake to 6.0 from 6.5.