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Recent Articles from Associated Press
Oil prices flip-flop and US stocks drift as Wall Street waits for Iran’s reaction to US strikes
Oil prices swung after a U.S. strike in the Israel-Iran conflict, but U.S. stocks stayed steady on hopes Iran won't retaliate heavily.
Experts urge Boeing 737 Max engine fix after bird strikes
Safety experts recommended Wednesday that the engines on Boeing’s troubled 737 Max airplanes be modified quickly to prevent smoke from filling the cockpit or cabin after a safety feature is activated following a bird strike. The problem detailed by the National Transportation Safety Board emerged after two bird strikes involving Southwest Airlines planes in 2023 […]
Aflac finds suspicious activity on US network that may impact Social Security numbers, other data
Aflac says that it has identified suspicious activity on its network in the U.S. that may impact Social Security numbers and other personal information, calling the incident part of a cybercrime campaign against the insurance industry. The company said Friday that the intrusion was stopped within hours. “We continue to serve our customers as we […]
Borrowers looking for lower costs will have to wait as the Fed is unlikely to cut rates
WASHINGTON (AP) — The inflation-fighters at the Federal Reserve are expected to keep their key interest rate unchanged Wednesday for the fourth straight time. That’s likely to shift attention to how many interest rate cuts they forecast for this year. It’s widely expected that the 19 Fed officials that participate in the central bank’s interest-rate decisions […]
US unemployment ticked down, hovering at historically low levels
WASHINGTON (AP) — The number of Americans applying for unemployment benefits dipped to 245,000 last week, hovering at historically low levels, the Labor Department said Wednesday. U.S. jobless claims ticked down from 250,000 the week before. Economists had expected last week’s claims to match that at 250,000. The four-week average of claims, which smooths out […]
Average long-term US mortgage rate eases to 6.81%, the third consecutive weekly decline
The average rate on a 30-year U.S. mortgage eased for the third week in a row, a welcome trend for prospective homebuyers at a time when elevated borrowing costs remain a drag on the housing market. The long-term rate fell to 6.81% from 6.84% last week, mortgage buyer Freddie Mac said Wednesday. A year ago, the […]
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 […]
