The number of migrants entering the U.S. illegally began to fall on Friday after thousands made it in this past week ahead of Title 42’s expiration, while cities and officials prepared shelter and services for migrants fanning out across the country. A1, A6 An unexpected burst of diplomacy between the U.S. and China points to a growing desire in both Washington and Beijing to begin stabilizing relations after months of free fall. A1 Ukraine’s government said its troops had advanced on Russian forces on the Bakhmut front as Kyiv seeks to turn the tide around the embattled city after months on the defensive. A7 Congressional and White House staff plan to continue talks over the weekend to avert a U.S. default as lawmakers expressed increasing urgency about reaching a deal. A4 Militants in Gaza fired rockets toward the Jerusalem area and Israel killed another senior Palestinian Islamic Jihad commander in the blockaded enclave. A8 The Marine Corps veteran who placed Jordan Neely in a fatal chokehold on a New York subway was charged with manslaughter and released after posting bail. A3
JPMorgan has become the target of a campaign by Republican state officials seeking to expose what they see as religious discrimination in the bank’s business practices. A1 Biden said he would nominate Fed governor Philip Jefferson to become the central bank’s secondin-command and World Bank official Adriana Kugler to join the Fed’s board. A2 Netflix plans to reduce its spending by $300 million this year as the company continues its push to improve profitability. B3 The S&P 500 and Nasdaq ended Friday’s session down 0.2% and 0.4%, respectively, while the Dow was roughly flat. B11 A group led by privateequity titan Josh Harris has entered into an agreement to buy the NFL’s Washington Commanders from Dan Snyder for about $6 billion. B3 NHTSA is demanding that a supplier recall 67 million air-bag inflaters that can potentially explode, in what could be one of the largest safety actions on record. B3 U.K. tech entrepreneur Mike Lynch was extradited to the U.S., where he faces criminal charges related to the 2011 sale of Autonomy to Hewlett-Packard. B10
