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Recent Articles from Associated Press
Oil prices jump 7% as Israel-Iran conflict spooks markets
NEW YORK (AP) — Oil prices are leaping, and stocks are falling Friday on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy. The S&P 500 dropped 1.2% and was on track to wipe out its modest gains […]
Consumer sentiment rises in June after six-month slump
WASHINGTON (AP) — Consumer sentiment increased in June for the first time in six months, the latest sign that Americans’ views of the economy have improved as inflation has stayed tame and the Trump administration has reached a truce in its trade fight with China. The preliminary reading of the University of Michigan’s closely […]
JetZero plans to build $4.7B plant in North Carolina, aims to create 14,500 jobs
GREENSBORO, N.C. (AP) — JetZero Inc. announced plans Thursday to build its first manufacturing plant for a next-generation passenger jet in central North Carolina, a project that if successful would create more than 14,500 jobs there in a decade. The California-based startup intends to build the factory at Greensboro’s airport, investing $4.7 billion. The planned […]
A look at Boeing’s recent troubles after Air India crash
The crash of a Boeing 787 passenger jet in India minutes after takeoff on Thursday is putting the spotlight back on a beleaguered manufacturer though it was not immediately clear why the plane crashed. The Air India 787 went down in the northwestern city of Ahmedabad with more than 240 people aboard shortly after takeoff, authorities said. […]
Billy Long confirmed as IRS chief despite past opposition
WASHINGTON (AP) — Former U.S. Rep. Billy Long of Missouri was confirmed on Thursday to lead the Internal Revenue Service, giving the beleaguered agency he once sought to abolish a permanent commissioner after months of acting leaders and massive staffing cuts that have threatened to derail next year’s tax filing season. The Senate confirmed Long […]
U.S. jobless claims steady amid trade war uncertainty
jobless claims, unemployment benefits, trade wars, U.S. layoffs, Labor Department, jobless applications, U.S. economy, unemployment rate, trade war impact, jobless claims forecast
Trump to block California’s gas car ban, emissions rules
WASHINGTON (AP) — President Donald Trump is expected to sign a measure Thursday that blocks California’s first-in-the-nation rule banning the sale of new gas-powered cars by 2035, a White House official told The Associated Press. The resolution Trump plans to sign, which Congress approved last month, aims to quash the country’s most aggressive attempt to […]
Trump EPA moves to repeal climate rules that limit greenhouse gas emissions from US power plants
WASHINGTON (AP) — The Environmental Protection Agency on Wednesday proposed repealing rules that limit planet-warming greenhouse gas emissions from power plants fueled by coal and natural gas, an action that Administrator Lee Zeldin said would remove billions of dollars in costs for industry and help “unleash” American energy. The EPA also proposed weakening a regulation […]
Disney and Universal sue AI firm Midjourney for copyright infringement
Disney and Universal sue AI image-generator Midjourney for copyright infringement, alleging unauthorized use of Star Wars, Minions and more.
Trump’s FAA administrator pick facing tough questions on safety at hearing
FAA nominee Bryan Bedford faces Senate scrutiny over safety record, pilot training standards, and air traffic modernization after a fatal D.C. crash.
