The Biden administration issued a waiver to allow banks to transfer $6 billion in frozen Iranian oil funds without facing U.S. sanctions, a key step in a prisoner swap deal.

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Chicago Mayor Lori Lightfoot Loses Reelection Bid
Paul Vallas and Brandon Johnson will meet in a runoff to be the next mayor of Chicago after voters on Tuesday denied incumbent Lori Lightfoot a second term, issuing a rebuke to a leader who made history as head of the nation’s third-largest city.
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