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Wire stories category, Page 2

Pope Francis, first Latin American pontiff, dies at 88
ICE deports Pa mother of a breastfeeding infant and a 2-year-old who is a US citizen
HARRISBURG, Pa. — Immigration and Customs Enforcement agents have in recent days deported the breastfeeding Cuban-born mother of a 1-year-old girl, separating them indefinitely, and in another case a 2-year-old girl who is a U.S. citizen along with her Honduran-born mother, their lawyers say. Both cases raise questions about who...
Family of Pennsylvania arson suspect says pleas for help went unanswered before alleged attack on governor
PHILADELPHIA — Cody Balmer was begging to go to jail. Less than an hour after police say he set fire to Gov. Josh Shapiro’s mansion in the early morning of April 13, he called 911 to say he was ready to “confess to everything” he had done. “He needs to...
Sen. Chris Murphy’s ’emergency’ message about Trump is connecting with Democratic voters
SAXAPAHAW, N.C. — Connecticut Sen. Chris Murphy isn’t drawing stadium-size crowds like Vermont Sen. Bernie Sanders and New York Rep. Alexandria Ocasio-Cortez are as he tours the country talking to voters. But in a packed concert hall in rural North Carolina, people are starting to view the Democrat as worthy...
Elon Musk’s X sues to overturn Minnesota political deepfakes ban
MINNEAPOLIS — X Corp., the social media platform owned by Trump adviser Elon Musk, is challenging the constitutionality of a Minnesota ban on using deepfakes to influence elections and harm candidates, saying it violates First Amendment speech protections. The company’s federal lawsuit filed this week also contends the 2023 state...
Pastor calls for ‘full Target boycott’ over concerns about diversity, equity, inclusion 
ATLANTA — The pastor of a Georgia megachurch who led a nationwide 40-day “fast” boycott of Target stores over the retail chain’s commitment to diversity initiatives is now calling for that effort to continue as a “full Target boycott.” The Rev. Jamal Bryant said this week that the Minneapolis-based retailer...
Tesla Q1 profit falls sharply as it fights backlash tied to Musk’s role in Trump administration
Tesla’s first-quarter profits plunged by more than two-thirds amid a backlash against Elon Musk’s electric car company that has hurt sales and sent its stock plunging. The Austin, Texas, company said Tuesday that quarterly profits fell by 70% to to $409 million, or 12 cents a share. That’s far below...
Sellers of secondhand clothes prepare for tariffs to give their businesses a boost
NEW YORK — Stores selling secondhand clothes, shoes and accessories are poised to benefit from President Donald Trump’s trade war even as businesses the world over race to avert potential damage, according to industry experts. American styles carry international influence, but nearly all of the clothing sold domestically is made...
Strange sell-off in the dollar raises specter of investors losing trust in U.S. under Trump
NEW YORK — Among the threats tariffs pose to the U.S. economy, none may be as strange as the sell-off in the dollar. Currencies rise and fall all the time because of inflation fears, central bank moves and other factors. But economists worry that the recent drop in the dollar...
Capital One $35 billion purchase of Discover Financial gets regulatory approvals
NEW YORK — The pending merger between Capital One and Discover Financial services received approval from several regulators Friday, bringing the $35 billion tie-up closer to completion. The Federal Reserve and the Office of the Comptroller of the Currency signed off on the deal, which was first announced in February...
U.S. stocks drop as Nvidia slides and the fog of Trump’s trade war thickens
NEW YORK — U.S. stocks fell Wednesday after Nvidia warned new restrictions on exports to China will chisel billions of dollars off its results, while companies around the world said President Donald Trump’s trade war is clouding forecasts for how they and the economy will do this year. The S&P...
Wall Street drifts in a rare quiet day following weeks of tariff turmoil
NEW YORK — U.S. stocks are drifting Tuesday in a rare quiet day for financial markets worldwide, for now at least. The S&P 500 was up 0.2% in early trading, though it’s been prone to huge swings not just day to day but also hour to hour. It’s regularly careened...
Stocks rally worldwide after Trump eases some of his tariffs on electronics, for now
NEW YORK — Stocks rose worldwide Monday after President Donald Trump relaxed some of his tariffs, for now at least, and as stress from within the U.S. bond market seems to be easing. The S&P 500 climbed 0.8%, though trading was still shaky, and it briefly gave back all of...
Judge rules Menendez brothers’ bid for freedom through resentencing can continue
LOS ANGELES — Erik and Lyle Menendez’s resentencing hearings can continue despite opposition from the Los Angeles County district attorney, a judge ruled Friday. They were sentenced to life in prison without the possibility of parole at ages 18 and 21 after being convicted of murdering their parents, Jose and...
U.S. stocks climb but U.S. dollar sinks as Wall Street closes chaotic, historic week
NEW YORK — U.S. stocks are climbing Friday in another manic day on Wall Street, while the falling value of the U.S. dollar and other swings in financial markets suggest fear is still high about escalations in President Donald Trump’s trade war with China. The S&P 500 was 1.5% higher...
Inflation fell last month as gas prices dropped sharply, a sign prices cooled before tariffs 
WASHINGTON — U.S. inflation declined last month as the cost of gas, airline fares, and hotel rooms fell, a sign that price growth was cooling even as President Donald Trump ramped up his tariff threats. Consumer prices rose just 2.4% in March from a year earlier, the Labor Department said...
Stocks dive as euphoria on Wall Street reverts to fear about U.S.-China trade war
NEW YORK — Stocks dove Thursday and surrendered a chunk of their historic gains from the day before as President Donald Trump’s trade war continues to threaten the economy. The S&P 500 tumbled 3.5%, slicing into Wednesday’s surge of 9.5% following Trump’s decision to pause many of his tariffs worldwide....
Egg prices increase to record high despite Trump’s predictions and bird flu outbreak slowing
U.S. egg prices increased again last month to reach a new record-high of $6.23 per dozen despite President Donald Trump’s predictions, a drop in wholesale prices and no egg farms having bird flu outbreaks. The increase reported Thursday in the Consumer Price Index means consumers and businesses that rely on...
EU pauses tariff retaliation for 90 days to match Trump move, holding out hope for talks
BRUSSELS — The European Union’s executive commission said Thursday it will put trade retaliation measures on hold for 90 days to match President Donald Trump’s pause on his sweeping new tariffs and leave room for a negotiated solution. European Commission President Ursula von der Leyen said that the commission, which...
Asian shares deepen losses after another Wall Street retreat as tariffs take effect
BANGKOK — Asian shares sank again on Wednesday as the latest set of U.S. tariffs, including a 104% levy on Chinese imports, went into effect. Japan’s Nikkei 225 index initially lost nearly 4% and markets elsewhere in the region also declined. On Tuesday, the S&P 500 dropped 1.6% after wiping...
Egg giant Cal-Maine says government is investigating price increases
Shares of Cal-Maine Foods, the largest U.S. egg producer, fell in after-hours trading Tuesday once the company acknowledged it is being investigated by the antitrust division of the U.S. Department of Justice. Ridgeland, Mississippi-based Cal-Maine said it received notice of the investigation into egg price increases last month. Cal-Maine said...
U.S. boosts Medicare payments to insurers by over $25 billion
The U.S. government will pay private Medicare Advantage plans more money next year than it originally proposed in January, a major win for insurance companies that have faced increasing scrutiny in Washington. The shares of insurers surged on the decision. UnitedHealth Group Inc. stock rose as much as 6.2%, CVS...
Budget airline Avelo to fly deportation flights for ICE from Arizona
Budget carrier Avelo Airlines signed an agreement to fly federal deportation flights from Arizona starting in May, according to the company, whose founder acknowledged the decision may be controversial. Andrew Levy, also CEO of the Houston-based airline, said Avelo is flying for the U.S. Department of Homeland Security’s Immigration Control...
Nevada bill proposes ‘generational ban’ on cigarette sales — with a big loophole
Nevada could permanently ban the sale of cigarettes to people born after Dec. 31, 2004 — except at some casinos — in a sweeping effort to cut down on future combustible tobacco use. Assembly Bill 279 ‘s restrictions on the sale of cigarettes to people turning 21 next year is...
Asian markets plunge as Japan’s Nikkei 225 index dives nearly 8% after the big meltdown on Wall Street
BANGKOK — Asian shares nosedived on Monday after the meltdown Friday on Wall Street over U.S. President Donald Trump’s tariff hikes and the backlash from Beijing. U.S. futures also signaled further weakness. The future for the S&P 500 lost 4.2% while that for the Dow Jones Industrial Average shed 3.5%....
Jaguar, Land Rover maker pauses shipments to U.S. as it develops post-tariff plans
LONDON — The maker of Jaguar and Land Rover cars is pausing shipments to the U.S. as Britain’s struggling auto industry begins to respond to the 25% tax on vehicle imports imposed by President Donald Trump. Jaguar Land Rover Automotive, one of Britain’s biggest carmakers, said Saturday that the pause...


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