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Recent Articles from Associated Press
Federal Reserve cuts key rate for first time this year
WASHINGTON (AP) — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market. The move is the Fed’s first cut since December and it lowered its short-term rate […]
Cygnus capsule stalls en route to space station
CAPE CANAVERAL, Fla. (AP) — A newly launched supply ship has run into engine trouble that is preventing it from reaching the International Space Station. Northrop Grumman’s capsule rocketed into orbit Sunday from Florida aboard SpaceX. But less than two days later, the capsule’s main engine shut down prematurely while trying to boost its orbit. The Cygnus capsule was supposed [&[...]
Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes
Retail sales rose 0.6% in August, boosted by back-to-school shopping, despite tariffs beginning to raise prices and pressure the job market.
New York judge tosses terrorism charges against Luigi Mangione, lets murder count stand
A New York judge dismissed terrorism charges against Luigi Mangione in the killing of UnitedHealthcare CEO Brian Thompson but kept murder charges.
Shipping companies support a first-ever global fee on greenhouse gases, opposed by Trump officials
Nearly 200 shipping companies urge nations to back the IMO’s first global fee on greenhouse gas emissions, despite U.S. opposition.
U.S., China reach framework deal on TikTok ownership
The U.S. and China reached a framework deal to shift TikTok to U.S. ownership, with Trump and Xi set to discuss final terms Friday.
Nvidia violated antimonopoly laws, China says
OpenAI announced a new deal with Microsoft and plans to give its nonprofit controller a $100B equity stake in its for-profit arm.
OpenAI reaches new agreement with Microsoft to change its corporate structure
OpenAI announced a new deal with Microsoft and plans to give its nonprofit controller a $100B equity stake in its for-profit arm.
Boeing workers reject their latest contract offer, extending strike at three Midwest plants
Boeing workers rejected a second contract offer, extending a six-week strike at three Midwest plants. No new talks are scheduled.
Wall Street coasts toward the finish of its best week in the last 5
NEW YORK (AP) — Wall Street is coasting toward the finish of its best week in the last five on Friday as U.S. stocks hang near their record levels. The S&P 500 was mostly unchanged from the all-time high it set the day before. The Dow Jones Industrial Average was down 204 points, or 0.4%, as […]
