NEW YORK (AP) — U.S. stocks tumbled Thursday after a Federal Reserve official raised the possibility of delivering none of the cuts to interest rates this year that Wall Street has been banking on, if inflation worsens. The S&P 500 dropped 1.2% for its worst day in seven weeks. Earlier in the day, a gain … Read more
SAN FRANCISCO (AP) — Google co-founders Larry Page and Sergey Brin loved pulling pranks, so much so they began rolling outlandish ideas every April Fool’s Day not long after starting their company more than a quarter century ago. One year, Google posted a job opening for a Copernicus research center on the moon. Another year, … Read more
WASHINGTON (AP) — The U.S. Education Department said it has discovered a calculation error in hundreds of thousands of student financial aid applications sent to colleges this month and will need to reprocess them — a blunder that follows a series of others and threatens further delays to this year’s college applications. A vendor working … Read more
MEULABOH, Indonesia (AP) — An Indonesian search and rescue ship on Thursday located a capsized wooden boat that had been carrying dozens of Rohingya Muslim refugees, and began pulling survivors who had been standing on its hull to safety. An AP photographer aboard the rescue ship said 10 people had been taken aboard local fishing … Read more
HONG KONG (AP) — Asian shares closed mostly higher while European markets opened lower Wednesday as investors awaited the latest signals from the Federal Reserve on the timing of cuts to interest rates. The FTSE 100 in London slipped 0.1% to 7,729.13 after British inflation in February came in below expectations at 3.4%, marking its … Read more
BENGALURU, India (AP) — Bhavani Mani Muthuvel and her family of nine have around five 20-liter (5-gallon) buckets worth of water for the week for cooking, cleaning and household chores. “From taking showers to using toilets and washing clothes, we are taking turns to do everything,” she said. It’s the only water they can afford. … Read more
OAKLAND, Calif. (AP) — A special master will be appointed to oversee a troubled federal women’s prison in California known for rampant sexual abuse against inmates, a judge ordered Friday, marking the first time the federal Bureau of Prisons has been subject to such oversight. A 2021 Associated Press investigation that found a culture of … Read more
NEW YORK (AP) — U.S. stocks drifted to a mixed finish Wednesday, as a lull carried through financial markets worldwide. The S&P 500 slipped 9.96 points, or 0.2%, from its all-time high set a day before to 5,165.31. The Dow Jones Industrial Average rose 37.83, or 0.1%, to 39,043.32 and pulled within 90 points of … Read more
LOS ANGELES (AP) — There is a whole other show that happens offscreen at the Oscars that the home audience doesn’t see on television. Here’s what The Associated Press saw that the cameras did not capture. THE OSCARS START AT… 7ISH? Things got off to a late start, about 6 minutes behind schedule and not … Read more
America’s employers delivered another healthy month of hiring in February, adding a surprising 275,000 jobs and again showcasing the U.S. economy’s resilience in the face of high interest rates. What You Need To Know America’s employers delivered another healthy month of hiring in February, adding a surprising 275,000 jobs and again showcasing the U.S. economy’s … Read more