Ford denies reported talks with Geely to bring China tech to U.S.
Ford Motor Co. denied a news report that it has held talks with Geely Automobile Holdings Ltd. about bringing Chinese car technology to the U.S. market. A Ford spokesperson told Bloomberg News that no such talks have happened or are happening with any Chinese carmaker about technology sharing or platform...
Trump considers a taxpayer takeover of Spirit Airlines and would aim to resell carrier
NEW YORK — President Donald Trump said Thursday that he was weighing a taxpayer-funded takeover of Spirit Airlines with the intent of reselling the struggling budget carrier after oil prices drop. The president confirmed his continued interest in offering Spirit a financial lifeline after a lawyer told a U.S. Bankruptcy...
Meta slashes 8,000 jobs, or 10% of its workforce, as Microsoft offers buyoutsVideo
Meta is laying off about 8,000 workers, or about 10% of its workforce, the company said Thursday as it continues to ramp up spending on artificial intelligence infrastructure and highly paid AI-expert hires. The company said it was making the cuts for the sake of efficiency and to allow new...
Stocks rally to records, but Brent oil also tops $100 on worries about the Iran war
NEW YORK — The U.S. stock market rallied to more records Wednesday after GE Vernova, Boston Scientific and other big companies joined the parade reporting fatter profits for the start of the year than analysts expected. But caution still hung over Wall Street, and oil prices rose on uncertainty about...
Oil prices rise and stocks give back a bit of their record-breaking rally
NEW YORK — Oil prices climbed Monday following the latest rise of tensions between the United States and Iran, but the moves were more modest than they were earlier in the war. U.S. stocks, meanwhile, gave back a bit of their record-breaking rally. The S&P 500 slipped 0.2% from its...
Oil prices rise anew after a U.S.-Iran standoff in the Strait of Hormuz strands tankersVideo
NEW YORK — Oil prices rose in early trading Sunday as a standoff between Iran and the U.S. prevented tankers from using the Strait of Hormuz, the Persian Gulf waterway that is crucial to global energy supplies. The price of U.S. crude oil increased 6.4% to $87.90 per barrel an...
Traffic and trepidation in the Persian Gulf could keep gasoline prices from dropping quickly
NEW YORK — After U.S. President Donald Trump and Iran’s foreign minister said the Strait of Hormuz was fully open to commercial vessels after almost seven weeks of war, oil prices plunged 10% and the stock market rallied Friday. Motorists, hoping for relief at the pump, wondered how quickly gasoline...
Turning Point USA’s high school push in GOP states meets free speech and religion concerns
OMAHA, Neb.— Republican leaders across the U.S. are encouraging chapters of the conservative political group Turning Point USA in all public high schools in the wake last year’s assassination of co-founder Charlie Kirk, an effort they describe as countering the oppression of conservative voices in education. The group’s endorsement by...
Trump approval plummets among Latino voters — except in Florida, new poll finds
Latino voters across the country — a surprising part of Donald Trump’s coalition in 2024 — are now extremely dissatisfied with the president and his policies, a new poll shows. But that is not so much true in Florida, where Cubans remain a bastion of GOP support. In a nationwide...
Ford recalls 1.4 million F-150 pickup trucks to fix a gearshift issue
Ford is recalling almost 1.4 million of its F-150 pickup trucks in the U.S. because of a gearshift issue that may lead to the loss of control of vehicles and increasing the risk of a crash. The automaker is aware of two injuries and one accident possibly related to the...
Could more cattle cause record beef prices to drop? Ranchers say it’s not that simpleVideo
MANDAN, N.D. — It’s never been so expensive for Americans to buy a steak or hamburger, but cutting those costs requires ranchers like Stephanie Hatzenbuhler to raise more cattle — and that’s not an easy ask. For a host of reasons, Hatzenbuhler and other ranchers across the country are reluctant...
Wall Street hits a record as S&P 500 continues its 2-week rally on hopes for the Iran war
NEW YORK — The stock market hit a record Wednesday after adding to its two-week rally built on hopes the war with Iran won’t create a worst-case scenario for the global economy. Whether Wall Street is correct to have so much hope for peace and whether stocks should be the...
A reimagined ‘Cats’ on Broadway features a special cat — an actor from the original 1980s musical
NEW YORK — A DJ with a high-top fade and a crate of vinyl records begins “Cats: The Jellicle Ball” on Broadway. He picks out two LP sleeves, blowing off dust, before settling on a familiar cover with a pair of glowing yellow cat eyes against a black background —...
Prosecutors seek access to Federal Reserve building as Trump threatens to fire Powell
WASHINGTON — Federal prosecutors made an unannounced visit this week to a construction site at Federal Reserve headquarters that is the focus of an investigation into a $2.5 billion renovation project, according to two people familiar with the visit. Two prosecutors and an investigator from U.S. Attorney Jeanine Pirro’s office...
FDA to weigh easing limits on unproven peptides favored by RFK Jr. and other MAHA figures
WASHINGTON — The Food and Drug Administration will hold a meeting this summer to consider easing restrictions on more than a half dozen peptide injections, a group of unapproved therapies that have become popular among wellness influencers, fitness gurus and celebrities. The meeting announcement Wednesday follows repeated pledges by Health...
As energy costs rise, some states back off ambitious climate goals
ALBANY, N.Y. — Seven years ago, New York lawmakers set ambitious goals for slashing greenhouse gas emissions with clarion calls about saving the future. Now, with slow progress made and political realities shifting, Gov. Kathy Hochul is seeking a delay, saying she wants to save consumers money. Times have ”...
As Vance rallies with Turning Point, some supporters bristle at Trump’s war, memes and feuds
ATHENS, Georgia — Fresh from a marathon trip to Pakistan that failed to reach a deal for ending the war with Iran, Vice President JD Vance jetted to this Georgia college town for a campus tour organized by the conservative powerhouse Turning Point USA. But instead of showcasing the youthful...
Wall Street rallies to the edge of its all-time high as oil prices ease
NEW YORK — U.S. stocks rallied to the edge of an all-time high Tuesday, and oil prices eased as hopes climbed that the United States and Iran may try again on talks to end their war and avoid a worst-case scenario for the global economy. The S&P 500 added 1.2%...
Stocks rally and return to where they were before the U.S.-Iran war
NEW YORK — U.S. stocks rallied Monday and recovered the last of their losses caused so far by the U.S.-Iran war, as Wall Street remains hopeful that the global economy can still avoid a worst-case scenario. The S&P 500 rose 1% and is back to where it was before the...
Oil prices rise after the U.S. says it would block Iranian ports starting Monday
NEW YORK — Oil prices rose in early market trading Sunday after the U.S. said it would blockade Iranian ports beginning Monday. The price of U.S. crude oil rose 8% to $104.24 a barrel and Brent crude oil, the international standard, rose 7% to $102.29. Brent crude has swung dramatically...
He was willing to testify against the cartel — but ICE got to him first
LOS ANGELES — For Javier Hernandez, cooperating with federal prosecutors felt like the only option. Hernandez, 48, faced up to life in prison after U.S. Drug Enforcement Administration agents and Fontana police arrested him and seized nearly 22 pounds of meth during a 2015 operation targeting cross-border drug smuggling. Recovering...
Pope amplifies criticism of Iran war and says ‘God does not bless any conflict’
ROME — Pope Leo XIV amplified his condemnation of the U.S.-Israeli war with Iran on Friday, saying that “God does not bless any conflict” and certainly doesn’t side with those who drop bombs. Leo spoke during a gathering of top bishops of the Chaldean Catholic Church in Iraq, an Eastern...
Stocks drift lower and oil prices ease ahead of planned U.S.-Iran talks
Stocks drifted mostly lower on Wall Street and oil prices slipped Friday ahead of planned U.S.-Iran talks following a shaky ceasefire agreement. The S&P 500 inched 0.1% lower after a day of choppy trading. The Dow Jones Industrial Average fell 0.6% and the Nasdaq composite rose 0.4%. The major indexes...
USPS to suspend pension contributions, seeks 4-cent stamp price hike
The U.S. Postal Service said Thursday it has informed federal budget officials it will temporarily suspend its employer contributions to Federal Employees Retirement System annuities, allowing it to keep making payroll, paying suppliers and delivering the mail. The Postal Service also wants to increase postage rates, including raising the price...
Hasan Piker can stream, but can he stump?
Deep inside the sprawling campus acreage of Michigan State University, leftist political pundit and streamer Hasan Piker stood before a packed lecture hall, taking in a rapturous welcome. The crowd of about 400 people, many wearing hoodies and headphones, plus the occasional kaffiyeh scarf, had waited hours outside on a...
