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2024-07-01 23:04:42

Stock market today: Wall Street drifts, yields jump and Paris stocks soar as elections drive markets
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U.S. stocks drifted to a mixed close, and yields jumped as elections drive swings in financial markets worldwide. The S&P 500 rose 0.3%, the Dow Jones Industrial Average edged up by 50 points, and the Nasdaq composite gained 0.8%. The CAC 40 index in Paris jumped as much as 2.8% before settling to a gain of 1.1% as results from France suggested a far-right political party may not win a decisive majority in the country’s legislative elections. Treasury yields jumped, with the yield on the 10-year Treasury climbing to 4.46% from 4.39%. The bond market was home to some of U.S. markets’ strongest action. Hopes for rate cuts held after a report showed U.S. last month by more than economists expected. The U.S. government will release the June employment report on Friday. Chewy swung from a big early gain to a loss of 6.6% after a trader named Keith Gill revealed he owned just over 9 million shares of the pet supply company. Spirit AeroSystems rose 3.3% after Boeing said it would buy the maker of fuselages and other airplane parts for $4.7 billion in stock. Meta Platforms edged 0.1% higher after European Union regulators accused it of breaching the bloc’s new digital competition rulebook. In stock markets abroad, Japan’s Nikkei 225 added 0.1% after a by the Bank of Japan called the “tankan” showed a modest improvement in confidence among the country’s largest manufacturers. Stocks in Shanghai rose 0.9% following mixed economic data.
#StockMarket #Elections #Yields #ParisStocks
https://apnews.com/article/stock-markets-pmi-tankan-euro-d770743b4d78149fb81a743cd684711a

2024-06-28 19:25:57

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#note17us…3x5g

2024-06-28 19:25:44

A halting Biden tries to confront Trump at debate but stirs Democratic anxiety about his candidacy
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President Joe Biden and former President Donald Trump sparred over the state of the US economy during CNN's presidential debate. Biden's uneven performance crystallized concerns about his age and sparked calls for him to step aside. Trump declined to clearly state he would accept the results of the November election and defended his actions during the Jan. 6 Capitol insurrection. Biden's halting delivery and raspy voice drew attention, and his performance was criticized by prominent Democrats. The debate highlighted the sharp differences between the two candidates on core issues and their personal animus towards each other. The second debate will be hosted by ABC on Sept. 10.
#JoeBiden #DonaldTrump #PresidentialDebate #UsEconomy #DemocraticAnxiety #AgeConcerns #NovemberElection #CapitolInsurrection
https://apnews.com/article/debatehowtowatch-biden-trump-ff14d6659b6ba50e8456d35035222e85

2024-06-28 16:01:49

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#note14cg…ej6a

2024-06-28 16:01:38

Federal Reserve's preferred inflation gauge shows price pressures easing further
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A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease. The Commerce Department report showed that consumer prices were flat from April to May, the mildest such performance in more than four years. Measured from a year earlier, prices rose 2.6% last month, slightly less than in April.
#FederalReserve #Inflation #UsEconomy #CommerceDepartment
https://apnews.com/article/inflation-prices-election-federal-reserve-rates-economy-b5e545b2591d8c249424624ff43d60ef

2024-06-28 06:59:23

A halting Biden tries to confront Trump at debate but stirs Democratic panic about his candidacy
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President Joe Biden, in a raspy and sometimes halting manner, tried to confront former President Donald Trump in their first debate ahead of the November election. Biden's performance, particularly his delivery, raised concerns about his age and sparked panic among Democrats. Trump countered Biden's criticism with falsehoods about the economy, illegal immigration, and his role in the Capitol insurrection. Biden repeatedly tore into Trump, but Trump declined to clearly state he would accept the results of the election. Biden's performance drew immediate criticism from Trump's allies and prominent Democrats, leading to discussions about whether he should continue as the party's nominee. Biden appeared to lose his train of thought at times and fumbled on issues like abortion rights. Trump sought to deflect blame for the Capitol riot and equivocated on accepting the election results. The debate highlighted the sharp differences between the two candidates and their deep hostility toward each other. Concerns about Biden's age were prevalent before the debate, with many Americans questioning whether he is too old to serve as president. Trump allies declared victory in the debate, while Biden supporters expressed disappointment. Biden has no plans to leave the race and indicated he will continue. The debate took place after Biden spent nearly a week preparing at the Camp David presidential retreat. The article includes quotes from various political figures and analysts.
https://apnews.com/article/bidentrumppresidentialdebate-0e7577e9a354a69f50675494fea54ca9

2024-06-27 17:10:29

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#note1yka…sl5w

2024-06-27 17:10:17

FACT FOCUS: Here's a look at the false claims you might hear during tonight's presidential debate
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Former President Donald Trump falsely claimed a failing economy and skyrocketing crime under President Joe Biden. Biden misrepresented inflation and gas prices at the start of his term. Trump falsely claimed his presidency gave the U.S. its 'greatest economy in history.' Trump's pre-pandemic economic growth averaged 2.67%, compared to 4% under Bill Clinton. Trump's unemployment rate was low, but labor force participation rate was higher under Clinton. Trump falsely claimed low inflation and gas prices were due to his policies. Biden falsely claimed gas prices were $5 when he took office. Biden inherited a pandemic economy and job recovery began under Trump. Trump made false claims about migrants emptying prisons and causing crime surge. Violent crime is on the way down and migrants are less likely to commit crimes. Trump falsely claimed crime has skyrocketed since he left office. Violent crime is close to its lowest point in 50 years. Trump falsely claimed he was the real winner of the 2020 election. Biden won with 306 electoral votes and over 7 million more popular votes. Trump's claims of widespread fraud were rejected in courts. Trump falsely claimed mass numbers of noncitizens voted in the election. Noncitizens voting is a felony and audits confirm low numbers of illegal voting. Trump misled about his support for Ukraine and falsely accused Ukraine of election interference. Biden misleadingly took credit for the Quad, which was formed under Trump. Foreign affairs topics in the debate may include conflicts with China, Russia, and Iran, and the strength of U.S. alliances.
#PresidentialDebate #FalseClaims #DonaldTrump #JoeBiden #Economy #Inflation #GasPrices #UnemploymentRate #ViolentCrime #2020Election #NoncitizenVoting #Ukraine #ForeignAffairs
https://apnews.com/article/fact-check-misinformation-election-debate-trump-biden-577507522762aa10f6ee5be3a0ced2bb

2024-06-27 15:08:31

US economic growth for last quarter is revised up slightly to a 1.4% annual rate
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The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022. Consumer spending grew just 1.5%, down from an initial estimate of 2%. The first quarter's GDP growth marked a sharp pullback from a strong 3.4% pace during the final three months of 2023. Imports shaved 0.82 percentage point off first-quarter growth. Lower inventories subtracted 0.42 percentage point. Most economists think growth has picked up in the current quarter. The U.S. economy, the world's biggest, has proved surprisingly resilient in the face of higher interest rates. The Federal Reserve raised its benchmark rate 11 times in 2022 and 2023, to a 23-year high, to try to tame the worst bout of inflation in four decades. In May, the nation added a strong 272,000 jobs, although the unemployment rate edged up for a second straight month, to a still-low 4%. In light of the still-elevated inflation pressures, the Fed's policymakers earlier this month collectively predicted that they would cut their benchmark rate just once in 2024, down from their previous forecast of three rate cuts. Thursday's report was the third and final government estimate of first-quarter GDP growth. The Commerce Department will issue its first estimate of the current quarter's economic performance on July 25.
#UsEconomy #EconomicGrowth #Gdp #ConsumerSpending #InterestRates #Inflation #FederalReserve
https://apnews.com/article/economy-growth-inflation-gdp-consumers-federal-reserve-869a27c99459a1ad10d0db89718f725d

2024-06-27 09:38:41

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#note1fz6…4xgc

2024-06-27 09:38:28

Stella Assange thanks Australian lawmakers for WikiLeaks founder's freedom
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Stella Assange thanked Australian lawmakers for campaigning for the release of her husband, Julian Assange, during her visit to Australia's Parliament House. She expressed Julian's gratitude to the Australian people, members of Parliament, and the government for their support. The visit sparked differing opinions among political leaders regarding Julian Assange's welcome in his homeland.
https://apnews.com/article/julian-assange-australia-parliament-wikileaks-5193e593e48022dd82a118d552a50718

2024-06-27 02:02:21

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#note1kgm…k5wg

2024-06-27 02:02:10

President Luis Arce's career has mirrored Bolivia's economic trajectory from boom to bust
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Luis Arce, the president of Bolivia, is a 60-year-old leftist who studied economics in London. He served as the economy minister under President Evo Morales and became president in November 2020. Arce's career has mirrored Bolivia's economic trajectory from boom to bust. He worked in the Central Bank from 1987 to 2006 and administered a bonanza in metals and hydrocarbons prices that came to be known as the 'Bolivian Miracle.' However, by the time Arce took office, Bolivia was hard-hit by the COVID-19 pandemic and social tensions set off by Morales' departure in 2019. Neoliberal reforms in the 1990s helped Bolivia become a significant energy producer and move from a low-income to a middle-income nation, but incomes began to fall in 2014. Arce recently described his country's recession as the worst in 40 years.
#LuisArce #Bolivia #Economy #Neoliberalism #Covid19 #Recession
https://apnews.com/article/bolivia-coup-army-president-luis-arce-7d15ca2b18202842b2f615594cc950fd

2024-06-26 00:55:31

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#note1a83…s70s

2024-06-26 00:55:19

Consumer confidence in U.S. falls in June
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Consumer confidence in the U.S. fell in June as expectations about the near-term future declined. The Conference Board reported that its consumer confidence index dropped to 100.4 in June from 101.3 in May. The measure of Americans' short-term expectations for income, business, and the job market also decreased. However, consumers' view of current conditions improved. The decline in consumer confidence comes despite a strong job market and positive economic indicators. Some big retailers are offering discounts due to cautious spending in the face of inflation. Consumer expectations of a recession in the next year decreased in June after rising for the previous two months.
#ConsumerConfidence #ConferenceBoard #Economy #Inflation
https://apnews.com/article/consumer-confidence-conference-board-economy-inflation-59ddb80cf0828329e0cf98fb6321f040

2024-06-25 07:27:38

A look at Julian Assange and how the long-jailed WikiLeaks founder is now on the verge of freedom
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Julian Assange, the founder of WikiLeaks, has reached a plea deal with the U.S. Justice Department that will lead to his freedom. Assange, an Australian editor and publisher, gained attention for publishing almost half a million documents relating to the U.S. wars in Iraq and Afghanistan. He was accused by the Trump administration of directing former Army intelligence analyst Chelsea Manning in the largest compromise of classified information in U.S. history. Assange has spent the last five years in a British high-security prison, fighting extradition to the U.S. He was evicted from the Ecuadorian Embassy in London in 2019 and arrested by British authorities. The U.S. extradition request was initially rejected in 2021 but later overturned. Assange will have to plead guilty to a felony charge under the Espionage Act and is expected to return to Australia after his plea and sentencing. The case is not connected to the 2016 presidential election, although WikiLeaks played a role in releasing Democratic emails that were stolen by Russian intelligence operatives.
#JulianAssange #Wikileaks #UsJusticeDepartment #PleaDeal #Freedom
https://apnews.com/article/assange-wikileaks-plea-deal-39b72e6be6a775dae9b008728a46e595

2024-06-22 07:09:07

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#note1gvf…z8ll

2024-06-22 07:08:56

Movie Review: Peace (and pieces) of mind 'Inside Out 2'
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The sequel to 'Inside Out' is sensitive to the complexities of growing up. The film follows Riley, who has gone from 11 to 13 years old. The emotions Joy, Sadness, Fear, Disgust, and Anger are awakened in the middle of the night by an emergency. The film is reviewed by AP Film Writer Jake Coyle.
#InsideOut2 #Sequel #MovieReview
https://apnews.com/article/inside-out-2-movie-review-62caaed0d956b9b1f1db9a098bd650f4

2024-06-21 15:47:01

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#note1q79…3g04

2024-06-21 15:46:50

Luxury sales are flattening amid a self-inflicted creativity crisis and price hikes, study finds
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A new study by Bain consultancy predicts that global luxury sales of handbags, shoes, and apparel will stall in 2024 due to a creativity crisis and price hikes. The study cites political uncertainty in the United States and economic uncertainty in China as contributing factors. Luxury sales experienced a post-pandemic surge but are now expected to flatten. The study was commissioned by the Altagamma association.
#LuxurySales #CreativityCrisis #PriceHikes #BainConsultancy #AltagammaAssociation
https://apnews.com/article/global-luxury-sales-flattening-inflation-europe-us-32e628674279d4931a1f54cc2fcfa483

2024-06-20 17:11:09

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#note1k4j…7lgp

2024-06-20 17:10:58

Stock market today: Nvidia keeps flying and helps Wall Street stay near its records
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Nvidia, the chip company, is rising again and helping to keep U.S. indexes around their record highs despite a mixed set of reports on the economy. The S&P 500 was edging up by less than 0.1% in morning trading after setting an all-time high for the 31st time this year before Wednesday’s holiday. Nvidia rose 0.6% after supplanting Microsoft on Tuesday as the most valuable company on Wall Street with a total market value of more than $3.3 trillion. It’s been on an incredible run as the main beneficiary of the stock market’s frenzy around artificial-intelligence technology. The gains for Nvidia and other AI winners have helped prop up the stock market despite some weakness in the U.S. economy. High interest rates meant to grind down inflation have hurt the housing market and manufacturing in particular, while lower-income households are showing signs of struggling to keep up with still-rising prices.
#StockMarket #Nvidia #WallStreet #UsIndexes #ChipCompany #Economy #S&p500 #Microsoft #ArtificialintelligenceTechnology #AiWinners #InterestRates #Inflation #HousingMarket #Manufacturing #LowerincomeHouseholds
https://apnews.com/article/stock-markets-rates-inflation-e07666093f7862aadcdecbf5c6ad97a6

2024-06-19 13:39:10

Today in History: June 19, Senate approves Civil Rights Act of 1964
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On June 19, 1964, the Civil Rights Act of 1964 was approved by the U.S. Senate, 73-27, after surviving a lengthy filibuster. The act was signed into law on July 2, 1964, by U.S. President Lyndon B. Johnson. The Civil Rights Act of 1964 aimed to end segregation and discrimination based on race, color, religion, sex, or national origin. It prohibited unequal application of voter registration requirements, racial segregation in schools, employment discrimination, and discrimination in public accommodations. The act was a significant milestone in the civil rights movement and is considered one of the most important pieces of legislation in U.S. history. The approval of the act was a major victory for civil rights activists and marked a turning point in the fight for racial equality in the United States.
#CivilRightsActOf1964 #UsSenate #LyndonBJohnson #CivilRightsMovement #RacialEquality
https://apnews.com/60dc3eaf976959269d46625dfc4ebf73

2024-06-19 10:03:51

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#note1w8a…pfpv

2024-06-19 10:03:40

Stock market today: Asian stocks are mixed after Wall Street edges to more records
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Asian stocks are mixed after U.S. benchmarks ticked to more records following the latest signs that the U.S. economy may be slowing without falling into recession. Tokyo’s Nikkei 225 index climbed 0.2% to 38,570.86 as Japan’s trade data for May showed exports rose 13.5% while imports were up 9.5% from a year earlier. The Hang Seng in Hong Kong added 2.9% to 18,437.57, while the Shanghai Composite index lost 0.4% to 3,018.05. In Sydney, the S&P/ASX 200 edged 0.1% lower to 7,769.10. South Korea’s Kospi surged 1.2% to 2,797.33. U.S. futures were mixed and oil prices fell. On Tuesday, the S&P 500 added 0.3% to 5,487.03, setting an all-time high for the 31st time this year. The Nasdaq composite edged up by less than 0.1% to 17,862.23. The Dow Jones Industrial Average gained 0.2% to 38,834.86. Nvidia once again was the star, gaining 3.5% and acting as the strongest force pushing the S&P 500 upward. The Commerce Department reported that retail sales rose 0.1% in May, below the pace that economists projected. A survey of global fund managers by Bank of America showed they’re the most optimistic about stocks since the autumn of 2021.
#AsianStocks #WallStreet #UsBenchmarks #UsEconomy #Nikkei225 #Exports #Imports #HangSeng #ShanghaiComposite #S&p/asx200 #Kospi #UsFutures #OilPrices #S&p500 #NasdaqComposite #DowJonesIndustrialAverage #Nvidia #RetailSales #BankOfAmerica
https://apnews.com/article/stock-markets-rates-inflation-258ffe886a3369fb5eaf3ca7659bc032

2024-06-18 16:19:47

Stock market today: Wall Street ticks toward more records as bond yields ease
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U.S. stocks are ticking toward more records as the economy's growth may be slowing without cratering. The S&P 500 was 0.2% higher a day after setting a record for the 30th time this year. The Dow Jones Industrial Average was up 48 points, or 0.1%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.1% higher. Stocks got some lift from easing yields in the bond market. Treasury yields fell after a report showed sales at U.S. retailers returned to growth last month but remained below economists' expectations. Bets built among traders that the Federal Reserve will cut rates at least once this year and possibly twice. The yield on the 10-year Treasury fell to 4.25% from 4.29% late Monday. Lennar, a homebuilder, fell 2.3% after co-CEO Stuart Miller said "challenged consumer sentiment" and swings in interest rates are testing the company. Shares of Fisker plunged nearly 56% to 2 cents after the electric-vehicle maker filed for Chapter 11 bankruptcy protection. La-Z-Boy jumped 16.9% after reporting stronger profit and revenue for the latest quarter than expected. Silk Road Medical jumped 24.1% after Boston Scientific agreed to buy the medical device company in a cash deal valuing it at roughly $1.17 billion. France's CAC 40 rose 0.6% and was heading toward a second straight gain. Japan's Nikkei 225 rose 1%.
#StockMarket #WallStreet #BondYields #Economy #FederalReserve #TreasuryYields #RetailSales #InterestRates #Homebuilder #Bankruptcy #MedicalDevice
https://apnews.com/article/stock-markets-rates-inflation-9f49f89dc375db55bfc8f95a6226782b

2024-06-17 07:20:08

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#note1g2h…5xdt

2024-06-17 07:19:57

Ohtani has second 2-homer game of season as Dodgers blank Royals 3-0. Betts' hand broken in the 7th
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Shohei Ohtani had his second two-homer game of the season as the Los Angeles Dodgers defeated the Kansas City Royals 3-0. Mookie Betts left the game in the seventh inning after a pitch broke a bone in his left hand. Right-hander Yoshinobu Yamamoto was placed on the 15-day injured list before the game due to a strained rotator cuff in his right shoulder.
#ShoheiOhtani #LosAngelesDodgers #KansasCityRoyals #MookieBetts #YoshinobuYamamoto
https://apnews.com/article/royals-dodgers-score-ohtani-c4351a7a8d607a6d6aa578a335184c22

2024-06-15 08:14:26

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#note1myh…aksy

2024-06-15 08:14:14

Anxiety over persistent inflation helps drive down U.S. consumer sentiment again
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U.S. consumer sentiment fell in June for the third straight month as Americans took a dimmer view of their own finances and worried about persistent inflation. The University of Michigan’s consumer sentiment index, released Friday in a preliminary version, dropped to 65.6 this month from a final reading of 69.1 in May. June’s reading is about 30% higher than the bottom reached in June 2022, when inflation peaked at a four-decade high, but is still below levels typically associated with a healthy economy. Consumer spending is a crucial driver of growth. Sour sentiment about the economy is also weighing on President Joe Biden’s reelection bid. The University of Michigan’s index moved higher last winter and spring, reaching a recent peak of 79.4 in March and raising hopes that American shoppers were taking a more optimistic view of the economy as inflation faded. Yet those gains have now all reversed, as inflation remained stubbornly high in the first three months of this year. Data released this week, however, showed that inflation cooled substantially in May, as the cost of gasoline, new cars, and even car insurance fell. Consumer spending is watched closely at the Federal Reserve and by economists, as it drives most economic activity in the U.S. Consumers spent at a healthy clip in the first three months of the year, propping up an economy that otherwise slowed in the first quarter. Spending did slow in April, after adjusting for inflation, though Americans continue to shell out for travel, restaurants, and concerts and sporting events.
#ConsumerSentiment #Inflation #ConsumerSpending #Economy #JoeBiden
https://apnews.com/article/economy-inflation-gas-jobs-5e819f98bdbccf43ee0077eeeeba9987

2024-06-14 21:45:36

Justice Department won't prosecute Garland for contempt, says refusal to provide audio wasn't crime
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Attorney General Merrick Garland will not be prosecuted for contempt of Congress because his refusal to turn over audio of President Joe Biden’s interview in his classified documents case 'did not constitute a crime,' the Justice Department said. The decision comes after the House voted to hold Garland in contempt of Congress. The Democratic president asserted executive privilege last month, blocking the release of the audio. The Justice Department cited the department’s longstanding policy not to prosecute officials who don’t comply with subpoenas because of a president’s claim of executive privilege. Garland is the third attorney general to be held in contempt of Congress.
#JusticeDepartment #MerrickGarland #ContemptOfCongress #AudioRefusal #ExecutivePrivilege
https://apnews.com/article/justice-department-contempt-biden-classified-documents-8f38c7178fb0c996442781243f65ab97

2024-06-14 01:06:26

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#note1c5l…rg5n

2024-06-14 01:06:15

Cheers, cake and a fist-bump from GOP as Trump returns to Capitol Hill in a first since Jan. 6 riot
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Donald Trump has made a triumphant return to Capitol Hill to meet with House and Senate Republicans for the first time since the Jan. 6, 2021 attack. GOP lawmakers find themselves newly energized and reinvigorated by Trump's bid to retake the White House. He held an hour-long closed-door morning meeting with House Republicans and then was meeting with Senate Republicans at campaign headquarters near the Capitol to discuss party priorities. It's his first visit as the party’s presumptive nominee.
#DonaldTrump #CapitolHill #Gop #Jan6Riot #HouseRepublicans #SenateRepublicans
https://apnews.com/article/trump-capitol-republicans-jan-6-ef6a2dc69ee8cd3e11479d095f2bfd1d

2024-06-13 05:49:08

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#note12wq…59ns

2024-06-13 05:48:56

Florida's 2024 hurricane season arrives with a rainy deluge
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Dangerous flooding from a tropical disturbance has inundated much of southern Florida, blocking roads, floating vehicles, and delaying the Florida Panthers on their way to Stanley Cup games in Canada against the Edmonton Oilers. The storm system is pushing across Florida from the Gulf of Mexico at the same time as the early June start of hurricane season, which is forecasted to be among the most active in recent memory. Climate change is believed to be increasing storm intensity.
#Florida #HurricaneSeason #Flooding #ClimateChange
https://apnews.com/article/rain-florida-flooding-hurricane-season-a37631902e119c0036d1fd51da2dba15

2024-06-12 17:22:51

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#note12jj…nw5p

2024-06-12 17:22:40

Republicans stick to attacking criminal justice system, echoing Trump, after Hunter Biden conviction
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Republicans loyal to Donald Trump are largely echoing the former president’s claim that the Justice Department has treated President Joe Biden’s son with kid gloves while zealously prosecuting Trump. They pressed unsubstantiated or debunked allegations that Joe Biden acted to advance his family members’ foreign business interests. The GOP's argument that Joe Biden is ordering prosecutors to target political opponents has been hurt by the Biden-led Justice Department prosecuting the president's son — with Biden declining to stop the investigation or pardon Hunter Biden. Hunter Biden was convicted on federal gun charges and faces a potential 25 years in prison. He still faces a trial in September in California on charges of failing to pay $1.4 million in taxes. Republicans may be trying to deflect from Trump's own stated intentions to wield the criminal justice system against opponents if he returns to the White House. Trump tried to undercut the Justice Department investigation into his campaign's alleged ties to Russia and issued pardons to a raft of former campaign aides, friends, and donors. Trump has repeatedly declared he is the victim of a “rigged” system and promised to appoint a special prosecutor to target Biden and his family. Trump and allies have suggested that if elected he might advocate the imprisonment of political opponents. Many in Trump’s Republican Party are staunchly against gun control and some of his supporters have questioned whether Hunter Biden should have been tried on the gun charges.
#HunterBiden #DonaldTrump #JoeBiden #RepublicanParty #CriminalJusticeSystem
https://apnews.com/article/hunter-biden-conviction-republicans-reaction-trump-eb7fe08832905f14dd8c5bd48ef9c716

2024-06-11 17:58:09

Gas prices are falling. Experts point to mild demand ahead of summer travel
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Gas prices in the US are falling ahead of summer travel, with the national average standing at around $3.44 per gallon, down 9 cents from a week ago. The decline is attributed to lackluster demand and strong supply, as well as relatively mild oil prices worldwide. Gasoline demand has slipped to about 8.94 billion barrels a day, compared to the pre-pandemic range of 10 billion barrels a day. Other contributing factors include high gas prices following Russia's invasion of Ukraine in 2022, persistent inflation, increased fuel-efficient cars, and electric vehicles on the road. Gas prices are expected to continue to decline, with the national average projected to stay in the range of $3.35 to $3.70 per gallon. Mississippi has the lowest average gas price at $2.94 per gallon, while California, Hawaii, and Washington have the highest average prices at $4.93, $4.75, and $4.41 per gallon, respectively.
#GasPrices #SummerTravel #Demand #Supply #OilPrices #GasolineDemand #FuelefficientCars #ElectricVehicles
https://apnews.com/article/gas-prices-fall-summer-travel-62e6c0a321892350830b0fe301494459

2024-06-11 16:29:53

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#note1atq…clah

2024-06-11 16:29:40

World Bank boosts forecast: Strength of US economy will support global growth of 2.6% this year
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The World Bank has upgraded its outlook for the global economy, estimating that it will expand 2.6% this year, with the strength of the US economy being a major factor. The bank had previously predicted 2.4% growth for 2024. The US economy is expected to expand 2.5% in 2024, up from the 1.6% predicted in January. However, the World Bank cautioned that global growth remains sluggish, with increased trade barriers and ongoing conflicts in Ukraine and Gaza posing threats to prosperity worldwide. The bank also expressed concerns about heavy debts and high interest rates in the poorest countries.
#WorldBank #GlobalEconomy #UsEconomy #GlobalGrowth #TradeBarriers #Ukraine #Gaza #Debts #InterestRates
https://apnews.com/article/economy-global-inflation-growth-china-world-bank-c7b22580a44579c418a1cb10b61c2402

2024-06-10 18:23:08

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#note16jd…33h5

2024-06-10 18:22:56

Stock market today: Wall Street holds steady ahead of this week's Fed meeting
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U.S. stocks are mixed in quiet trading ahead of a week with several top-tier reports on inflation due, as well as the Federal Reserve’s latest meeting on interest rates. The S&P 500 was 0.1% lower in morning trading, still close to its record set last week. The Dow Jones Industrial Average was up 7 points, or less than 0.1%, as of 10:20 a.m. Eastern time, and the Nasdaq composite was 0.2% lower. Huntington Bancshares dropped 5.9% for one of the market’s largest losses after it cut its forecast for a key component of profit this year. Other banks also fell afterward, including losses of 3.1% for Citizens Financial Group, 3% for Regions Financial and 2.7% for KeyCorp. Diamond Offshore Drilling jumped 10.4% after Noble agreed to buy its rival in a cash-and-stock deal valued at roughly $1.6 billion. Noble added 4.7% in a signal that traders expect the combination to be a winner. Apple was drifting 0.9% lower ahead of a conference where analysts expect it to offer details about its moves into artificial-intelligence technology. Data on the economy have come in mixed recently, and traders are hoping they will ultimately show a slowdown that’s just right in magnitude. In the meantime, companies benefiting from the AI boom are continuing to report big growth almost regardless of what the economy and interest rates are doing. Treasury yields in the bond market were mixed ahead of reports later in the week that will show whether inflation improved last month at both the consumer and wholesale levels. On Wednesday, the Federal Reserve will announce its latest decision on interest rates. Virtually no one expects it to move its main interest rate then. But policy makers will be publishing their latest forecasts for where they see interest rates and the economy heading in the future.
#StockMarket #WallStreet #FederalReserve #InterestRates #Inflation
https://apnews.com/article/stock-market-rates-france-euro-44075c1768cc364f995bca495a121b26

2024-06-09 23:48:56

Far-right gains in EU election deal stunning defeats to France's Macron and Germany's Scholz
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Far-right parties made significant gains in the European Parliament elections, dealing blows to French President Emmanuel Macron and German Chancellor Olaf Scholz. The National Rally party of Marine Le Pen dominated the polls in France, prompting Macron to dissolve the national parliament and call for new elections. In Germany, the far-right Alternative for Germany (AfD) overcame scandals to rise to 16.5% of the vote, surpassing Scholz's Social Democratic party. The gains of the far right came at the expense of the Greens and Macron's pro-business Renew group. The rise of the far right could have implications for EU policies on migration, security, and climate. The elections also saw former EU leader Donald Tusk's party defeat Poland's national conservative party. Overall, the center-right Christian Democratic bloc of EU Commission President Ursula von der Leyen dominated in Germany, while the far right was expected to make gains in Italy. The elections could make it harder for the EU to pass legislation and could lead to decision-making paralysis in the bloc.
#EuElection #Farright #Macron #Scholz #NationalRally #Afd #Greens #Renew #Migration #Security #Climate
https://apnews.com/article/eu-election-right-migration-climate-polls-vote-0fbfcb7bd987008e802d70f759fa870b

2024-06-09 03:09:47

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#note1u4y…s8me

2024-06-09 03:09:36

Kansas leaders and new group ramp up efforts to lure the Kansas City Chiefs from Missouri
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Top Kansas legislators have intensified efforts to woo the Super Bowl champion Kansas City Chiefs by offering to let the professional football franchise shape a plan for using state bonds to finance a new stadium in Kansas. Kansas House Speaker Dan Hawkins and Senate President Ty Masterson said in a statement Tuesday that the Legislature would consider the proposal during a special session set to convene June 18. Their actions came as a new Kansas nonprofit group, Scoop and Score, launched a campaign for bringing the Chiefs from Missouri to Kansas. The group started an online petition aimed at the Legislature, sent texts saying the Chiefs “deserve a permanent home in Kansas,” and registered 20 lobbyists to represent it at the Statehouse, including a former House speaker and some of the state's most prominent contract lobbyists.
#KansasCityChiefs #Stadium #Relocation #Kansas #Missouri
https://apnews.com/article/kansas-city-chiefs-new-stadium-proposal-49fbfcc162dfbcf3790aa14c2763fd97

2024-06-08 16:45:04

Israel rescues 4 hostages kidnapped in Hamas' Oct. 7 attack. At least 94 Palestinians are killed
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Israel rescues four hostages who were kidnapped in the Hamas-led attack on October 7. The hostages, Noa Argamani, Almog Meir Jan, Andrey Kozlov, and Shlomi Ziv, were rescued in a complex daytime operation in Nuseirat. At least 94 Palestinians, including children, were killed in the ongoing heavy fighting in central Gaza. The bodies of the Palestinians killed were taken to Al-Aqsa Hospital. The rescue operation brings the total number of rescued captives to seven, with 120 hostages remaining. The war in Gaza has been ongoing for eight months, with over 36,700 Palestinians killed. International pressure mounts on Israel to limit civilian bloodshed. Israel is intensifying operations in central Gaza. Hamas is a terror organization that often uses fake documents disguising terrorists as women or children. U.S. Secretary of State Antony Blinken will return to the Middle East seeking a breakthrough in the cease-fire efforts. Netanyahu faces pressure to end the fighting in Gaza and embrace a deal announced by U.S. President Joe Biden. The war in Gaza can be followed at https://apnews.com/hub/israel-hamas-war.
#Israel #Hamas #Hostages #Kidnapping #Palestinians #RescueOperation #Gaza #Ceasefire #CivilianCasualties
https://apnews.com/article/israel-palestinians-hamas-war-news-8-6-2024-a5d1ef04763a5ed17de2d050ebc5d490

2024-06-07 22:12:42

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#note1sd8…lx6g

2024-06-07 22:12:31

Thomas acknowledges more travel paid for by Harlan Crow. Colleagues report six-figure book payments
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Justice Clarence Thomas has acknowledged that he received more travel paid for by Republican megadonor Harlan Crow. In his annual financial disclosure, Thomas revealed that Crow paid for a hotel room in Bali, Indonesia, for a single night and food and lodging at a private club in Sonoma County, California in 2019. Thomas has faced criticism for failing to report luxury trips paid for by Crow and others over many years. Additionally, several of Thomas' colleagues on the Supreme Court reported receiving six-figure payments as part of book deals.
#ClarenceThomas #HarlanCrow #SupremeCourt #FinancialDisclosure #BookDeals
https://apnews.com/article/supreme-court-financial-disclosures-gifts-travel-d0873c92792f6c0791c9269fe05ed937

2024-06-07 20:07:28

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#note1e5z…kmkt

2024-06-07 20:07:17

Pope recreates the 2014 Mideast peace prayer in Vatican Gardens to beg for an end to Gaza conflict
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Pope Francis gathered the Israeli and Palestinian ambassadors to the Vatican Gardens on Friday to pray for an end to the war in Gaza, marking the 10th anniversary of a similar encounter with the Israeli and Palestinian presidents with a new appeal for peace. The event recreated the first such encounter Francis hosted in the gardens this time 10 years ago, when he welcomed Israel’s then-President Shimon Peres and Palestinian leader Mahmoud Abbas. Francis has tried to toe a balanced line on Gaza after initially angering Israel with comments that were perceived of as being supportive of the Palestinians.
#PopeFrancis #IsraelipalestinianConflict #GazaWar #VaticanGardens
https://apnews.com/article/pope-israel-palestinians-war-0007e3254fdc8726531ebe95aa9e6a4f

2024-06-06 22:49:50

What to know about Boeing's first spaceflight carrying NASA astronauts
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Boeing has successfully launched its Starliner capsule with a crew on board to the International Space Station for NASA. This is the first flight of Boeing's Starliner capsule with a crew on board. The crew consists of a pair of NASA pilots who will test the spacecraft during the test drive and stay at the space station for a week. The launch comes after years of stumbles and delays for Boeing. The article provides a link to the full story for more details.
#Boeing #Nasa #Starliner #Spaceflight #InternationalSpaceStation
https://apnews.com/article/boeing-test-flight-astronauts-space-station-0d773b17baca7c51427371c54d6ac47b

2024-06-06 11:10:29

Stock market today: World stocks rise after Wall Street barrels to records
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Global markets rose after Wall Street set new records as the frenzy around artificial-intelligence technology continues to drive stocks higher. European markets opened higher as investors awaited a decision by the European Central Bank. The future for the Dow Jones Industrial Average was down 0.1% while the S&P 500 future remained unchanged. In Asian trading, Tokyo's Nikkei 225 index climbed 0.6% to 38,703.51. Australia’s S&P/ASX 200 gained 0.7% after data showed the country's trading surplus rebounded in April. Nvidia's market value surpassed $3 trillion for the first time. Treasury yields fell in the bond market following mixed economic data. U.S. benchmark crude oil gained 52 cents to $74.59 per barrel.
#StockMarkets #Inflation #Ai #Rates
https://apnews.com/article/stock-markets-inflation-ai-rates-a09f3e32177c95110dcd047b588d29da

2024-06-05 15:46:07

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#note1ypg…y6cx

2024-06-05 15:45:56

Justice Department's 'deepfake' concerns over Biden interview audio highlights AI misuse worries
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The Justice Department is concerned that releasing audio of President Joe Biden's interview with a special counsel about his handling of classified documents could lead to deepfakes and disinformation that trick Americans. The Biden administration is seeking to prevent the release of the recording, citing the potential misuse of artificial intelligence. A conservative group suing for the release of the recording accuses the Justice Department of trying to protect Biden from potential embarrassment. The Justice Department argues that releasing the audio could make it harder to protect sensitive law enforcement files and that malicious actors could create deepfakes using the audio. The concerns about deepfakes highlight the impact of AI-manipulated disinformation on voting and the limits of the federal government's ability to combat it.
#JusticeDepartment #Deepfakes #Ai #JoeBiden #Interview #Disinformation
https://apnews.com/article/joe-biden-robert-hur-classified-documents-ai-43c698edc773cfedadde57bb6d597e42

2024-06-05 10:09:10

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#note1pdu…3xn4

2024-06-05 10:08:58

Stock market today: Asian stocks trade mixed after Wall Street logs modest gains
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Asian shares traded mixed as investors weighed recent data highlighting a slowing U.S. economy that offers both upsides and downsides for Wall Street. Japan's benchmark Nikkei 225 shed 0.9% to 38,490.17. Australia's S&P/ASX 200 edged up 0.4% to 7,769.00. South Korea's Kospi jumped 1.0% to 2,689.50. Hong Kong's Hang Seng slipped nearly 0.1% to 18,428.62, while the Shanghai Composite dipped 0.8% to 3,065.40.
#AsianStocks #WallStreet #Nikkei225 #S&p/asx200 #Kospi #HangSeng #ShanghaiComposite
https://apnews.com/article/stock-market-rates-inflation-fed-2c7a03d4e187731032538fd95bf57031

2024-06-05 08:13:26

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#note1yp7…vlmu

2024-06-05 08:13:15

U.S. job openings fall to 8.1 million, lowest since 2021
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U.S. job openings fell to 8.1 million in April, the lowest level since 2021. Despite high interest rates and signs of a slowing economy, the number of job openings remains historically strong. Layoffs decreased, and the number of Americans quitting their jobs increased, indicating confidence in job prospects. Job openings have steadily declined from a peak of 12.2 million in March 2022 but have remained above 8 million for 38 consecutive months. The U.S. labor market has remained strong, with an average of 234,000 new jobs added each month over the past year. The unemployment rate is expected to be 3.9%, the 28th consecutive month below 4%. However, the economy grew at a slow rate of 1.3% in the first quarter of 2024, and consumer spending slowed down. The Federal Reserve's plans to cut interest rates have been delayed due to persistent inflation above the target of 2%. Wall Street investors now expect the first rate cut to occur at the Fed's September meeting.
#JobOpenings #Unemployment #Economy #Inflation #InterestRates
https://apnews.com/article/job-openings-unemployment-economy-inflation-interest-rates-81dae65f447ae75165b9eed8278cd424

2024-06-04 23:00:44

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#note1kq5…rs6e

2024-06-04 23:00:33

Stock market today: Wall Street cleaves between winners and losers on report showing slowing economy
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U.S. stocks were split among winners and losers after a report suggested the job market is cooling, the latest signal of a slowing economy that offers both upsides and downsides for Wall Street. The S&P 500 ticked up by 0.2%, though more stocks within the index fell than rose. The Dow Jones Industrial Average rose 140 points, or 0.4%, and the Nasdaq composite added 0.2%. Wall Street wants the job market and overall economy to slow to help get inflation under control and convince the Federal Reserve to cut rates, which would ease the pressure on financial markets. The number of U.S. job openings at the end of April dropped to the lowest level since 2021. Worries about a slowing economy have hit the price of crude oil, raising the possibility of less growth in demand for fuel. Dividend-paying stocks and some Big Tech stocks drove the market higher. The S&P 500 rose 7.94 points to 5,291.34. The Dow gained 140.26 to 38,711.29, and the Nasdaq added 28.38 to 16,857.05.
#StockMarket #WallStreet #JobMarket #Economy #Inflation #FederalReserve #CrudeOil #DividendpayingStocks #BigTechStocks
https://apnews.com/article/stock-market-rates-inflation-3fa48a6ed288b4b0da9a939d171d0b60

2024-06-03 17:16:51

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#note1l4j…jn57

2024-06-03 17:16:40

Stock market today: Wall Street drifts after latest signal of a slowdown as Nvidia, GameStop leap
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The S&P 500 was 0.3% higher in morning trading, coming off its sixth winning month in the last seven. The Dow Jones Industrial Average was down 27 points, or 0.2%, as of 10:15 a.m. Eastern time, and the Nasdaq composite was up 0.7%. U.S. stock indexes are drifting in mixed trading Monday that's quiet overall, but some big names are making big moves underneath the surface.
#StockMarket #WallStreet #Nvidia #Gamestop
https://apnews.com/article/stock-markets-rates-inflation-e9180b8b37c8181b5d0911bd743af08a

2024-06-03 06:12:33

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#note1a6s…u03n

2024-06-03 06:12:22

Simone Biles cruises to 9th national title and gives Olympic champ Sunisa Lee a boost along the way
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Simone Biles won her ninth national title in gymnastics with an all-around total of 119.750. The defining moment of her victory was when she supported her friend and 2020 Olympic champion Sunisa Lee after Lee had a mishap during her vault. Biles knew exactly where Lee was in that moment and provided her with the support she needed. Biles is now focused on giving back and supporting her younger teammates who will join her at the Olympic trials. She is determined to set an example for others on how to navigate the pressure and is regularly attending therapy sessions. Biles put on a stellar performance at the national championships, finishing with the highest two-day score on all four events. Despite a misstep on vault, she still received a high score and secured her ninth national title. Biles is expected to be a strong contender for a spot on the U.S. team for the Paris Olympics, while there is fierce competition for the remaining spots among other gymnasts.
#SimoneBiles #SunisaLee #Gymnastics #NationalTitle #Olympics
https://apnews.com/article/simone-biles-gymnastics-paris-olympics-ee35d8671238d511467e794c97eaad47

2024-06-01 19:37:25

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#note1vz7…x6gf

2024-06-01 19:37:13

Hungary's Orbán stages 'peace march' in show of strength ahead of EU elections
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Hungary's Prime Minister Viktor Orbán stages a 'peace march' in Budapest, Hungary, ahead of the European Parliament elections. Tens of thousands of supporters gathered to show their support for Orbán, who has been in power for 14 years and is the EU's longest-serving leader. Orbán has focused his campaign on the war in Ukraine, portraying his opponents as warmongers. He called for his party to 'occupy Brussels' and transform Europe's approach to support for Ukraine. Critics argue that his appeals for an immediate cease-fire would benefit Russia. Orbán's party is expected to gain the most seats in the EU legislature, but a political newcomer, Péter Magyar, has built a significant movement in the last three months. Orbán's right-wing populism and anti-war rhetoric still resonate among many Hungarians. He has criticized EU and NATO partners for assisting Ukraine and advocated for a Trump victory in the US election. Orbán believes a Trump victory would lead to a 'transatlantic peace coalition' to end the fighting in Ukraine.
#Hungary #ViktorOrbán #PeaceMarch #EuElections #UkraineWar
https://apnews.com/article/hungary-orban-peace-march-ukraine-6f3bf3ba7e776182dbcbb62b6b8eaa22

2024-06-01 03:12:44

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#note19ne…vrs6

2024-06-01 03:12:32

Families of those who died in Boeing crashes press the Justice Department to prosecute the company
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Relatives of passengers who died in two jetliner crashes are pushing federal officials to prosecute Boeing on criminal charges related to the accidents no later than this fall but said they got no commitment from the Justice Department. The Justice Department determined two weeks ago that Boeing violated terms that let the company avoid prosecution for deceiving regulators who approved the Boeing 737 Max. Prosecutors have said they will announce by July 7 whether the company will face sanctions.
#Boeing #JusticeDepartment #Fraud #Prosecution
https://apnews.com/article/boeing-justice-department-fraud-charge-prosecution-12b3661b9d86623f2774cb3a84a7fc68

2024-06-01 03:10:41

Families of those who died in Boeing crashes press the Justice Department to prosecute the company
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Relatives of passengers who died in two jetliner crashes are urging the Justice Department to prosecute Boeing on criminal charges related to the accidents by this fall. However, they did not receive a commitment from the Justice Department. The families are seeking accountability for the crashes and believe that criminal charges are necessary. The article does not provide specific names or dates related to the crashes or the push for prosecution.
https://apnews.com/video/accidents-plane-crashes-u-s-department-of-justice-district-of-columbia-crime-bd0d57c7e2f4487a92ff70f5f3041381

2024-06-01 00:19:42

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#note1jwt…3jc8

2024-06-01 00:19:30

Stock market today: Wall Street rallies to close out a bloom-filled May
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The S&P 500 rose 0.8% to close its sixth winning month in the last seven. The Dow Jones Industrial Average jumped nearly 575 points, or 1.5%. Gap soared to one of the market’s biggest gains, 28.6%, after delivering stronger profit and revenue for the latest quarter than analysts expected. Stocks broadly got a boost from easing Treasury yields in the bond market after the latest reading on inflation came in roughly as expected. The report showed a key measure of inflation remained at 2.7% last month, exactly as forecast. The yield on the 10-year Treasury fell to 4.50% from 4.55% late Thursday. Dell tumbled 17.9% even though it matched analysts’ forecasts for profit in the latest quarter. Nvidia fell for a second straight day, losing 0.8%. Trump Media & Technology Group slumped 5.3% in its first trading following the conviction of Donald Trump on felony charges Thursday. MongoDB dropped 23.9% despite topping forecasts for profit and revenue. The S&P 500 rose 42.03 points to 5,277.51. The Dow leaped 574.84 points to 38,686.32, and the Nasdaq slipped 2.06 to 16,735.02.
#StockMarket #WallStreet #S&p500 #DowJonesIndustrialAverage #Gap #TreasuryYields #Inflation #10yearTreasury #Dell #Nvidia #TrumpMedia&TechnologyGroup #Mongodb
https://apnews.com/article/market-stock-rates-china-inflation-0ed42442581985f017607ef0044afdd1

2024-05-31 18:03:08

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#note1pl7…jg22

2024-05-31 18:02:57

US plans to impose new visa restrictions on Chinese and Hong Kong officials after security verdicts
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The United States plans to impose new visa restrictions on Chinese and Hong Kong officials responsible for the implementation of the national security law. The move comes after the convictions of 14 pro-democracy activists in Hong Kong under the Beijing-imposed law. The 14 activists were among 47 charged in the city's largest national security case. The US State Department spokesperson, Matthew Miller, expressed deep concerns about the convictions and did not provide further details about the impending visa restrictions.
#Us #VisaRestrictions #ChineseOfficials #HongKongOfficials #SecurityVerdicts
https://apnews.com/article/hong-kong-security-verdicts-us-reaction-cf53e9647731d593173365574d3e1cb9

2024-05-31 17:28:17

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#note1pl7…jg22

2024-05-31 17:28:06

2024-05-30 16:28:50

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#note18wf…uwtk

2024-05-30 16:28:39

Stock market today: Wall Street drifts as yields ease on cooler economic data
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U.S. stocks are drifting following mixed profit reports from big U.S. companies and signals that the economy may be cooling. The S&P 500 was 0.3% lower in early trading and has been generally pulling back since setting a record last week. The Dow Jones Industrial Average was down 300 points, or 0.8%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.4% lower. Salesforce was the main reason the Dow fell more than the rest of the market and tumbled 18.1%. Kohl’s fell even more, 25.8%, after reporting a surprise loss for the latest quarter when analysts were expecting to see a profit. Best Buy topped forecasts even though its sales fell short last quarter, and its stock rose 11.3%. Foot Locker ran 25.4% higher after likewise reporting better-than-expected profit despite ringing up sales below analysts’ forecasts. Yields fell Thursday after a couple reports showed the U.S. economy isn’t quite as strong as expected. The hope on Wall Street is that the economy can cool down, but not by too much, so that the Federal Reserve can hit a precise landing where it gets high inflation under control without causing a bad recession. The yield on the 10-year Treasury fell to 4.56% from 4.62% late Wednesday. The two-year yield, which more closely tracks expectations for Fed action, fell to 4.93% from 4.98%.
#StockMarket #WallStreet #Yields #EconomicData
https://apnews.com/article/stocks-market-rates-yields-inflation-dcdd2123ae17ec18072e5028f159eed9

2024-05-30 09:41:36

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#note1xym…4388

2024-05-30 09:41:25

Hollywood movies rarely reflect climate change crisis. These researchers want to change that
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A team of researchers conducted a study to determine if Hollywood movies reflect the current climate crisis. They surveyed 250 movies from 2013 to 2022 and found that the vast majority failed the 'climate reality check.' Less than 10% of the films passed, and climate change was mentioned in two or more scenes of fewer than 4% of the films. The researchers believe that movies should reflect the reality of climate change to resonate with the audience. The study was published by researchers at Colby College and Good Energy, and the results are being sought for publication in scientific journals. The authors compared the climate reality check to the Bechdel-Wallace test for gender representation in film. They found that streaming services had a higher percentage of movies that included climate change than major studios did.
#Hollywood #ClimateChange #Movies #Research #Study
https://apnews.com/article/climate-change-movies-oscars-f7f58a6e24901651757b616dc4099c2c

2024-05-30 04:47:41

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#note1rg8…yuf3

2024-05-30 04:47:29

Hong Kong court convicts 14 pro-democracy activists in the city's biggest national security case
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A Hong Kong court has convicted 14 pro-democracy activists, including former lawmakers Leung Kwok-hung, Lam Cheuk-ting, Helena Wong, and Raymond Chan, in the city's biggest national security case. The activists were among 47 democracy advocates prosecuted for their involvement in an unofficial primary election, accused of attempting to paralyze Hong Kong's government and topple the city's leader. Two former district councilors, Lee Yue-shun and Lawrence Lau, were acquitted. The verdicts come under a law imposed by Beijing that has severely limited free speech and assembly in Hong Kong. The security law is seen as a means to crush political opposition, but Beijing and Hong Kong governments claim it has brought stability to the city and protected judicial independence.
#HongKong #ProdemocracyActivists #NationalSecurityCase #UnofficialPrimaryElection #Beijing #FreeSpeech #Assembly #PoliticalOpposition #JudicialIndependence
https://apnews.com/article/hong-kong-security-law-verdict-5b8e7ac1100342db642040985bc417b2

2024-05-29 13:09:09

With Pride Month nigh, drag performers organizing to fight back against violence
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A group of drag performers called Qommittee has formed to protect and promote the art form ahead of LGBTQ+ Pride Month. The group consists of about 10 drag performers from around the United States who have experienced threats, harassment, or violence related to their art form. Qommittee aims to connect drag performers and communities lacking local support to resources such as legal aid and therapy. The group is also working to create dialogue between its members and local law enforcement agencies. Conservative activists and politicians have raised concerns about the 'sexualization' or 'grooming' of children by drag performers, but there is a lack of evidence to support these claims. As Pride Month approaches, Qommittee hopes to foster entrepreneurship and create jobs within the drag industry, and encourages fans to get involved and support drag performers.
#DragPerformers #Lgbtq+PrideMonth #Violence #Harassment #ConservativeActivists #Grooming #Entrepreneurship
https://apnews.com/article/drag-queen-group-lgbtq-pride-qommittee-6312cbee20821db1922716cb0b10a2ad

2024-05-28 12:50:56

Hong Kong police arrest 6 people accused of violating the city's new national security law
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Hong Kong police have arrested six people accused of publishing seditious social media posts, in what are the first publicly known arrests under the city’s new national security law. The arrests were made under the new security law introduced in March, which has expanded the government’s power to deal with challenges to its rule. The law punishes treason and insurrection with up to life imprisonment and imposes harsher penalties for sedition offenses. The arrested individuals, aged between 37 and 65, used a social media page to anonymously publish the posts starting in April. The posts aimed to provoke hatred against the central government, the Hong Kong government, and the city's judicial institutions, and incite netizens to organize or participate in illegal activities. The police statement did not provide further details on the social media page or the content of the posts. The introduction of the new security law has raised concerns about the erosion of Hong Kong's freedoms. Since its implementation, Hong Kong authorities have severely limited free speech and assembly, leading to the arrest, silencing, or self-exile of many activists. The Beijing and Hong Kong governments argue that the law has restored stability following the 2019 anti-government protests.
#HongKong #NationalSecurityLaw #Arrests #Sedition #SocialMedia
https://apnews.com/article/hong-kong-article-23-security-law-first-arrests-85606b3a413ca82d002353214f1eb044

2024-05-27 20:15:51

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#note189r…8lcy

2024-05-27 20:15:40

Friday's preholiday travel breaks the record for the most airline travelers screened at US airports
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On Friday, ahead of the Memorial Day weekend, a record was broken for the number of airline travelers screened at US airports. More than 2.9 million travelers were screened, surpassing the previous record set last year on the Sunday after Thanksgiving. The third busiest day on record was set on Thursday when just under 2.9 million travelers were screened. Hartsfield-Jackson Atlanta International Airport, the world's busiest airport, had its busiest day ever on Thursday with 111,000 passengers, airline crew, and airport employees screened at security checkpoints. The second busiest day followed on Friday with 109,960 people screened. US airlines are expecting a record number of passengers this summer, with an estimated 271 million travelers flying between June 1 and August 31. AAA predicts that this Memorial Day weekend will be the busiest start-of-summer weekend in nearly 20 years, with 43.8 million people expected to travel at least 50 miles from home. Memorial Day officially became a federal holiday in 1971 and is observed on the last Monday in May to honor America's fallen soldiers.
#AirlineTravel #UsAirports #MemorialDayWeekend
https://apnews.com/article/atlanta-travel-airport-tsa-memorial-day-0e6ef3f95510f9ab544c506f380103a6

2024-05-27 09:09:14

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#note1n9w…4d5y

2024-05-27 09:09:03

Stock market today: Asian shares mostly higher after rebound on Wall St
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Asian shares were mostly higher on Monday after U.S. stocks bounced back from Wall Street’s worst day since April to finish higher for the week. Tokyo's Nikkei 225 added 0.7% to 38,900.02 and the Kospi in Seoul jumped 1.2% to 2,717.71. Australia's S&P/ASX 200 surged 0.8% to 2,785.60 and the Shanghai Composite index gained 0.6% to 3,105.72 as the government reported corporate profits rose 4.3% year-on-year in January-April. Hong Kong's Hang Seng reversed early losses, gaining 0.7% to 18,736.34. In Taiwan and South Korea, heavy buying of computer chip-related shares pushed benchmarks higher. The Taiex ended 1.1% higher after touching a fresh record. On Friday, the S&P 500 gained 0.7% to 5,304.72 and won back all its losses from the prior two days. The Dow Jones Industrial Average rose less than 0.1% to 39,069.59, and the Nasdaq composite gained 1.1%, to 16,920.79, topping an all-time high set earlier in the week. Nvidia rose another 2.6% Friday, making it the biggest single force pushing the S&P 500 upward.
#StockMarket #AsianShares #WallStreet #Rebound
https://apnews.com/article/stock-markets-rates-inflation-ed232a1beea82de77fad90e3bc0e901f

2024-05-26 21:16:53

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#note1ews…7nft

2024-05-26 21:16:41

Lookman scores again and Europa League champion Atalanta beats Torino 3-0. Roma won't qualify for CL
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Atalanta, the Europa League champion, defeated Torino 3-0 in Serie A, ending Roma's hopes of qualifying for the Champions League. Gianluca Scamacca and Ademola Lookman scored first-half goals for Atalanta, and Mario Pasalic added a penalty in the second half. Atalanta moved up to fourth place, one point ahead of Bologna. Lookman had previously scored a hat trick in Atalanta's Europa League final win over Bayer Leverkusen. Roma, in sixth place, needed Atalanta to finish fifth to qualify for the Champions League. Napoli, the defending champion, drew 0-0 with Lecce and finished 10th, missing out on all European competitions. Torino is ninth and can still qualify for the Conference League if Fiorentina wins the Europa Conference League.
#Atalanta #Roma #SerieA #EuropaLeague #ChampionsLeague
https://apnews.com/article/atalanta-roma-serie-a-frosinone-udinese-empoli-c3b4c119ca9e411e137b0f345ad0bf3a

2024-05-26 21:11:07

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#note1fpc…34dw

2024-05-26 21:10:55

Putin arrives in Uzbekistan on the 3rd foreign trip of his new term
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Russian President Vladimir Putin arrived in the capital of Uzbekistan, Tashkent, where he held informal talks with President Shavkay Mirziyoyev. The formal meeting of the presidents is scheduled for Monday. This visit is Putin's third foreign trip since being inaugurated for a fifth term in May. Prior to the Uzbekistan trip, Putin and Mirziyoyev discussed bilateral cooperation issues, including trade and economic relations.
#Putin #Uzbekistan #ForeignTrip #VladimirPutin #ShavkayMirziyoyev
https://apnews.com/article/russia-putin-uzbekistan-visit-3221ea964f516f9e668762984e2ce195

2024-05-25 19:12:06

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#note1gsg…6utw

2024-05-25 19:11:55

Graduating seniors seek degrees in climate change and more U.S. universities deliver
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Many high school students in the United States are demanding more paths that allow them to work on solutions to the planet's warming. Increasingly, U.S. colleges are creating climate change programs to meet this demand. Some universities that have created programs, majors, minors, and certificates dedicated to climate change include Utah State University, University of Montana, University of California, Los Angeles, Columbia University, Plymouth State University, Massachusetts Institute of Technology, Hampton University, and the University of Texas at Austin. The Biden administration's Inflation Reduction Act, the largest climate investment in U.S. history, and the growth in climate-focused jobs are also increasing interest in these programs. Students in these programs learn about the changing atmosphere, the shift in crops due to global warming, renewable energy, communication about climate change, ethical and environmental justice aspects of climate solutions, disaster response, and community preparedness. The programs require faculty from various disciplines such as biology, chemistry, physics, and social sciences. The demand for climate change programs is also driven by the fact that climate change is affecting more people and the need for colleges to market new degrees to stay relevant. Additionally, federal agencies in the U.S. are incentivizing greener manufacturing practices and the use of low-emission materials in infrastructure projects through grants, direct investments, and procurement standards.
#ClimateChange #CollegeEducation #Universities #ClimatePrograms #GreenerManufacturing
https://apnews.com/article/universities-colleges-climate-studies-environmental-science-01f287f7ffd25cf27a03a4a5b3ce8a8a

2024-05-24 15:12:12

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#note140d…7hac

2024-05-24 15:12:00

Stock market today: Wall Street futures up, but on track for first losing week in a month
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Wall Street futures are up before the open, but on track for the first losing week in a month. Futures for the S&P 500 rose 0.3% before the bell, while futures for the Dow ticked up 0.1%. This week, big U.S. retailers reported mixed results, signaling the end of earnings season. Deckers Outdoor, the owner of Ugg boots and Teva sandals, jumped 10.5% after beating profit targets. Discount retailer Ross Stores climbed 6.9% after reporting stronger profit and sales. Concerns about a strong U.S. economy preventing the Federal Reserve from cutting interest rates have caused stocks to pull back from record highs. The Fed is trying to slow the economy enough to get inflation back to 2% without causing a recession. In Europe, Germany's DAX and the FTSE in London lost 0.4%, while the CAC 40 in Paris gave up 0.3%. Japan's Nikkei 225 index lost 1.2% after core inflation was lower than forecast. In Hong Kong, the Hang Seng fell 1.5%, and the Shanghai Composite index dropped 0.9%. South Korea's Kospi declined 1.3%, and Australia's S&P/ASX 200 shed 1.1%. U.S. benchmark crude oil slipped to $76.73 per barrel, and Brent crude fell to $81.18 per barrel. The U.S. dollar rose to 157.08 Japanese yen, and the euro climbed to $1.0844.
#StockMarket #WallStreet #Futures #EarningsSeason #Retailers #ProfitTargets #InterestRates #Inflation #FederalReserve #Germany #Uk #France #Japan #HongKong #SouthKorea #Australia #CrudeOil #UsDollar #Euro
https://apnews.com/article/stock-market-inflation-rates-aa1af5469c3b931245bfc4bdc1b4e9ee

2024-05-23 20:28:27

Second flag carried by Jan. 6 rioters displayed outside house owned by Justice Alito, report says
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A second flag of a type carried by rioters during the attack on the U.S. Capitol on Jan. 6, 2021, was displayed outside a house owned by Supreme Court Justice Samuel Alito. The flag, known as the 'Appeal to Heaven' flag, was flown outside Alito's beach vacation home last summer. An inverted American flag, another symbol carried by rioters, was displayed at Alito's home outside Washington less than two weeks after the attack on the Capitol. Alito and the court declined to respond to requests for comment on how the 'Appeal to Heaven' flag came to be flying and what it was intended to express. The flag dates back to the Revolutionary War but has become associated with Christian nationalism and support for Trump. News of the second flag has led to renewed calls for Alito to recuse himself from cases related to Trump and the 2020 election. There has been no indication that Alito will step aside from the cases.
#Jan6CapitolAttack #SupremeCourt #JusticeSamuelAlito #AppealToHeavenFlag #AmericanFlag #ChristianNationalism #Trump #2020Election
https://apnews.com/article/supreme-court-flag-stop-steal-alito-trump-1842c40b833637c981c59c3f39bc4669

2024-05-23 19:00:02

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#note1yjz…stss

2024-05-23 18:59:51

Stock market today: AI stocks leap as interest-rate worries hold back the rest of Wall Street
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Technology stocks, propelled by a blowout profit report from Nvidia, are driving the stock market today, while interest-rate worries are holding back the rest of Wall Street. The S&P 500 is up 0.2%, the Nasdaq composite is up 0.8%, and the Dow Jones Industrial Average is down 0.6%. Nvidia's revenue surged 262% in the latest quarter, and its profit increased by 629%. Other AI stocks, such as Super Micro Computer, also saw gains. However, the majority of stocks fell on Wall Street due to pressure from bond market yields. Reports suggesting a strong U.S. economy raised concerns about the Federal Reserve delaying interest rate cuts. Traders pulled back on bets for rate cuts after a preliminary report showed strong growth in U.S. business activity. Treasury yields rose in response. Utility stocks and companies like Live Nation Entertainment and VF Corp. experienced drops in stock prices. In international markets, indexes were mixed in Europe and Asia. Japan's Nikkei 225 rose 1.3%, while Hong Kong and Shanghai indexes fell amid concerns about China's troubled property sector. Overall, the stock market is experiencing a mix of gains and losses driven by technology stocks and interest-rate worries.
#StockMarket #AiStocks #InterestRates #Nvidia #S&p500 #Nasdaq #DowJones #SuperMicroComputer #FederalReserve #BondMarket #UtilityStocks #LiveNationEntertainment #VfCorp #Japan #China
https://apnews.com/article/stock-market-china-inflation-rates-e13634fc3292c49b2261fd51bb344e14

2024-05-21 15:07:16

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#note15jl…klu5

2024-05-21 15:07:05

Stock market today: US markets mixed in quiet premarket trading, Macy's rises on big profit beat
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Stocks on Wall Street were mixed in quiet premarket trading Tuesday as more retailers report solid results as they bring this quarter's earnings season to a close. Futures for the Dow Jones Industrial Average and the S&P 500 leaned toward modest gains of less than 0.1%. The Nasdaq fell less than 0.1% before the bell, one day after hitting another record high. Macy's jumped 3.4% early Tuesday after it easily beat Wall Street's profit projections. Hardware store chain Lowe's rose a modest 2.3% after it beat analysts' sales and profit targets. Target and Ross Stores are set to report their earnings this week. The Federal Reserve may cut interest rates this year if inflation continues to cool. The National Association of Realtors will report on April home sales, which have been affected by high interest rates and rising prices. In Europe, France's CAC 40 lost 1%, Germany's DAX declined 0.5%, and Britain's FTSE 100 fell 0.4%. In Asia, Japan's Nikkei 225 fell 0.3%, Australia's S&P/ASX 200 lost 0.2%, South Korea's Kospi fell 0.7%, Hong Kong's Hang Seng dove 2.1%, and the Shanghai Composite shed 0.4%. Benchmark U.S. crude fell to $78.04 a barrel, and Brent crude declined to $82.45 a barrel. The U.S. dollar inched up to 156.30 Japanese yen, and the euro cost $1.0865.
#StockMarket #UsMarkets #Macy's #ProfitBeat #EarningsSeason #DowJonesIndustrialAverage #S&p500 #Nasdaq #Lowe's #Target #RossStores #FederalReserve #InterestRates #HomeSales #Cac40 #Dax #Ftse100 #Nikkei225 #S&p/asx200 #Kospi #HangSeng #ShanghaiComposite #CrudeOil #UsDollar #Euro
https://apnews.com/article/stock-market-inflation-fed-china-574568e70d3f4390fb699b90698c7062