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Recent Articles from Associated Press
Trump plans $12B aid for farmers hit by trade war
WASHINGTON (AP) — President Donald Trump is planning a $12 billion farm aid package, according to a White House official — a boost to farmers who have struggled to sell their crops while getting hit by rising costs after the president raised tariffs on China as part of a broader trade war. According to the official, who was granted […]
IBM to buy Confluent in $11B deal to boost AI strategy
IBM said Monday it’s buying data streaming platform Confluent in a deal worth $11 billion that will help bolster the technology company’s artificial intelligence strategy. The two companies said they signed a “definitive agreement” for IBM to acquire all of Confluent Inc.’s issued and outstanding common stock for $31 per share in cash, which represents […]
Supreme Court signals backing for Trump in FTC firing case
The Supreme Court signals support for expanding presidential control over agencies in Trump’s firing of an FTC board member.
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,[...]
