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Recent Articles from Associated Press
Google offers buyouts to more workers amid AI-driven tech upheaval and antitrust uncertainty
Google, Alphabet Inc., antitrust, monopoly, search engine, digital ads, employee buyouts, DOJ lawsuit, tech layoffs, artificial intelligence
Americans turn cautious and retail sales slide after a spring spending surge to beat tariffs
U.S. retail sales fell 0.9% in May as consumers pulled back following Trump’s tariff hikes, with auto sales taking the biggest hit.
The Trump family’s next venture, a mobile phone company
Trump Organization announces new U.S.-based mobile phone company, adding to recent global real estate deals in Qatar and Vietnam.
G7 summit begins amid global conflict, trade tensions
KANANASKIS, Alberta (AP) — When U.S. President Donald Trump last came to Canada for a Group of Seven summit, the enduring image was of him seated with his arms folded defiantly as then-German Chancellor Angela Merkel stared daggers at him. If there is a shared mission at this year’s G7 summit, which begins Monday […]
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
