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Recent Articles from Associated Press
Frank Gehry, the most celebrated architect of his time, dies at 96
LOS ANGELES (AP) — Frank Gehry, who designed some of the most imaginative buildings ever constructed and achieved a level of worldwide acclaim seldom afforded any architect, has died. He was 96. Gehry died Friday in his home in Santa Monica after a brief respiratory illness, said Meaghan Lloyd, chief of staff at Gehry Partners […]
Wall Street rises to the edge of its all-time high
The S&P 500 closed just shy of a record as ULTA and Victoria’s Secret surged, while investors await a possible Fed rate cut next week.
EU fines X €120M for breaking digital transparency rules
LONDON (AP) — European Union regulators on Friday fined X, Elon Musk’s social media platform, 120 million euros ($140 million) for breaches of the bloc’s digital regulations, in a move that risks rekindling tensions with Washington over free speech. The European Commission issued its decision following an investigation it opened two years ago into X under the […]
Fed’s preferred inflation gauge stayed elevated in September as spending weakened
Inflation stayed steady in September, easing the path for a possible Fed rate cut next week as consumer spending slows and job losses rise.
US stocks hover near records as S&P 500 edges up
NEW YORK (AP) — The U.S. stock market held near its records in a quiet day of trading on Thursday, continuing its relatively calm run following weeks of sharp and scary swings. The S&P 500 inched up by 0.1% and is just 0.5% below its all-time high. The Dow Jones Industrial Average dipped 31 points, or 0.1%, and the Nasdaq […]
US mortgage rates fall to 6.19%, nearing yearly low
U.S. mortgage rates dropped to 6.19%, the lowest since October, boosting buying power as Fed rate cuts loom and housing demand improves.
Hearing probes evidence in CEO killing suspect’s arrest
NEW YORK (AP) — Minutes after police approached Luigi Mangione in a Pennsylvania McDonald’s, he told an officer he didn’t want to talk, according to video and testimony at a court hearing Thursday for the man charged with killing UnitedHealthcare CEO Brian Thompson. Although some video and accounts of police interactions with Mangione emerged earlier in this week’s hearing,[...]
Jobless claims fall to 3-year low ahead of Fed decision
WASHINGTON (AP) — U.S. applications for unemployment benefits fell to their lowest level in more than three years during Thanksgiving week, potentially complicating the Federal Reserve’s upcoming decision on interest rates. The number of Americans applying for jobless benefits for the week ending Nov. 29 fell to 191,000 from the previous week’s 218,000, the […]
AMC Entertainment CEO remains in charge of world’s largest theater chain after stroke
WASHINGTON (AP) — AMC Entertainment CEO Adam Aron suffered a minor stroke last month but is recovering rapidly and will continue to lead the world’s biggest movie theater chain, the company said Thursday. Aron, 71, suffered the stroke while on a business trip in London, where he immediately received emergency medical care, the company said. […]
Macy’s reports surprise Q3 profit, lifts annual outlook
NEW YORK (AP) — Macy’s posted a surprise third-quarter profit and its strongest comparable sales in more than three years as an extensive overhaul of the 167-year-old New York department store begins to resonate with shoppers. Macy’s raised its financial guidance for the year, but its outlook for the crucial fourth quarter was more reserved, […]
