Oil prices drop sharply, and stocks rally worldwide after announcement of Israel-Iran ceasefire
NEW YORK (AP) — Oil prices are dropping further, and stocks are rallying worldwide Tuesday on hopes that Israel’s war with Iran will not damage the global flow of crude, even if a tentative truce seemed to fray under fire…
US confirms missile attack from Iran on air base in Qatar
By DAVID RISING, JON GAMBRELL and MELANIE LIDMAN Associated Press DUBAI, United Arab Emirates (AP) — A Defense Department official is confirming a missile attack from Iran on a U.S. military base in Qatar but says no casualties have been…
Oil prices flip-flop and US stocks drift as Wall Street waits for Iran’s reaction to US strikes
NEW YORK (AP) — Oil prices are flip-flopping and the U.S. stock market is holding relatively steady following the United States’ bunker-busting entry into Israel’s war with Iran. Oil jumped as much as 4% shortly after trading began on Sunday…
Would you hail a ‘robotaxi’? Musk bets cabs will give Tesla a lift after boycotts and sales plunge
By BERNARD CONDON AP Business Writer NEW YORK (AP) — Elon Musk promised in 2019 that driverless Tesla “robotaxis” would be on the road “next year,” but it didn’t happen. A year later, he promised to deliver them the next…
US inserts itself into Israel’s war with Iran, strikes 3 Iranian nuclear sites
By SAM MEDNICK, AAMER MADHANI and DAVID RISING Associated Press TEL AVIV, Israel (AP) — The United States struck three sites in Iran early Sunday, inserting itself into Israel ‘s war aimed at destroying the country’s nuclear program in a…
Purdue Pharma’s $7B opioid settlement plan could get votes from victims and cities
By GEOFF MULVIHILL Associated Press OxyContin maker Purdue Pharma ‘s $7 billion-plus plan to settle thousands of lawsuits over the toll of opioids will go before a judge Friday, potentially setting up votes on whether to accept it for…
Federal Reserve leaves its key rate unchanged but sees two cuts this year
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in…
Carnival argument shooting kills 3 in an unusually violent weekend for Salt Lake City area
By MEAD GRUVER Associated Press A 16-year-old boy shot five people in a confrontation between two groups at a carnival in a Salt Lake City suburb Sunday, killing three of them including an 8-month-old infant, police said. The shooting in…
UN nuclear agency warns of possible contamination inside Iran’s Natanz site after Israeli strikes
By STEPHANIE LIECHTENSTEIN Associated Press VIENNA (AP) — The head of the U.N. nuclear watchdog agency said Monday that there is a possibility of both radiological and chemical contamination within Iran’s main nuclear enrichment facility in Natanz following Israeli…
Trump vetoed Israeli plan to kill Iran’s supreme leader, US official tells AP
By AAMER MADHANI Associated Press WASHINGTON (AP) — President Donald Trump vetoed a plan presented by Israel to the U.S. to kill Iran’s Supreme Leader Ayatollah Ali Khamenei, according to a U.S. official familiar with the matter. The Israelis…