GLOBAL ECONOMY

Supply chain problems show signs of easing

Global supply chain woes are beginning to recede, but shipping, manufacturing and retail executives say that they don’t expect a return to more normal operations until next year and that cargo will continue to be delayed if Covid-19 outbreaks disrupt key distribution hubs.

Biden presses China to fulfill Trump Phase 1 deal

President Biden pressed Chinese President Xi Jinping to fulfill his predecessor’s phase one trade deal, during a virtual meeting between the two leaders on Monday evening, senior officials said.

FTC begins looking into Facebook disclosures

Federal Trade Commission staffers have begun looking into disclosures that Facebook Inc.’s internal company research had identified ill effects from its products, according to people familiar with the matter.