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Three campaign officials familiar with the process told Politico, a political news website, that Harris' campaign aides spent a lot of time and effort investigating a candidate's background, with the goal of uncovering a nominee's possible "dark history" in advance. Because the F.B.I. does not conduct background checks on vice presidential candidates, Eric Holder, who served as attorney general in the Obama administration, and his law firm have taken on the task of selecting and screening candidates. Holder, the first African-American attorney general in U.S. history, is seen as Obama's most trusted adviser. Each candidate must answer more than 200 questions before being placed on the list. At the same time, censors scrutinize a candidate's tax returns, financial records, relationship history and medical history. Candidates are required to submit accounts and passwords for their private social media accounts. Today, the social platform accounts of a nominee's children and even grandchildren are also subject to intense scrutiny.

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■ Bank of Japan Vice Governor Shin Naida announced Wednesday that he would not raise interest rates in a volatile market after the Bank of Japan governor sparked turmoil, sending Tokyo stocks sharply higher and the yen weaker. ■ In a speech to business leaders, Uchida said the Bank of Japan would closely monitor market dynamics, highlighting the impact of share prices and exchange rates on business investment and inflation to ensure the economy is supported in a relaxed financial environment. ■ The Nikkei average rose 1.2 percent on Wednesday, recouping some of its previous losses, while the yen also weakened against the dollar, reflecting a positive market reaction to the Bank of Japan's dovish stance. TOKYO - At the Bank of Japan (BOJ) A week after the governor's comments about raising rates sparked turmoil in global markets, a deputy governor retracted them on Wednesday and pledged not to raise rates while markets were unstable.

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The Bank of Japan raised its policy rate to 0.25 percent on July 31. That move, along with hawkish comments from Kazuo Ueda and expectations that the Federal Reserve will soon cut interest rates, sent the yen sharply higher. That, in turn, sent Japanese stocks down, with the Nikkei Stock Average suffering its biggest one-day fall since 1987 on Monday. Global stock markets, including those in the United States, also fell. "Recent market developments have been 'extremely volatile'," said Shinichi Uchida, head of the bank. Uchida, a career central banker, is considered a key figure in setting the Bank of Japan's monetary policy. "The central bank is monitoring developments in these markets and their impact on economic activity and prices with great vigilance," Uchida said, adding that share prices and exchange rates require attention as they can affect business investment and inflation. He highlighted the dovish stance of the Bank of Japan's current policy, observing that the 0.25 percent policy rate is actually very low after adjusting for inflation. "The central bank will therefore continue to support the economy by maintaining highly accommodative financial conditions." He took it that way.

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