NEW YORK — Most stocks are falling on Wall Street Thursday after a disappointing report said inflation was worse last month at the U.S. wholesale level than economists expected. But gains for Amazon and other influential Big Tech companies are helping to mask the losses. What You Need To Know Most stocks are falling on…
Businesses in New York state will likely have a chaotic few months as companies gauge the consequences of federal tariffs that took effect in the last week. President Donald Trump made tariffs a central fixture of the economic strategy that helped him get elected last fall, and maintains they’ll offset national trade deficits. Business leaders…
Aug. 12 (UPI) — Elon Musk threatened to sue Apple for allegedly burying his Grok AI app under competing offerings in its App Store. “Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI to reach #1 in the App Store, which is an unequivocal antitrust violation,” Musk posted…
A shooting occurred at the Naval Computer and Telecommunications Area Master Station Pacific located at Whitmore Village just outside Wahiawa at about 5:45 p.m. on Aug. 9, according to a release by the U.S. Army Garrison at Schofield Barracks. A single victim, a 23-year-old male, was transported to medical care and subsequently died from his…
WASHINGTON — President Donald Trump extended a trade truce with China for another 90 days Monday, at least delaying once again a dangerous showdown between the world’s two biggest economies. What You Need To Know President Donald Trump extended a trade truce with China for another 90 days Monday, at least delaying once again a…
An explosion at a U.S. Steel plant near Pittsburgh left one dead and dozens injured or trapped under the rubble Monday, with emergency workers on site trying to rescue victims, officials said. What You Need To Know An explosion at a U.S. Steel plant near Pittsburgh has left one dead and dozens injured or trapped…
Aug. 10 (UPI) — President Donald Trump announced Sunday that he would hold a press conference at the White House on Monday to present his plan to “stop violent crime” in the nation’s capital after the attempted carjacking on former DOGE staffer Edward Coristine, known by the pseudonym Big Balls. Trump made the announcement on…
Aug. 9 (UPI) — The Federal Reserve has not approved an interest rate cut since before the Nov. 5 election, but one of its governors said she wants three rate cuts this year. Federal Reserve Gov. Michelle “Miki” Bowman dissented from the Federal Open Market Committee’s decision last week to maintain the current Fed rate…
LONDON — U.S. Vice President JD Vance met with U.K. Foreign Secretary David Lammy on Friday at a stately home south of London, with the two leaders saying the agenda includes global economics and the Israel-Hamas war and Russia’s full-scale invasion of Ukraine. What You Need To Know U.S. Vice President JD Vance is meeting…
LONDON — U.S. Vice President JD Vance met with U.K. Foreign Secretary David Lammy on Friday at a stately home south of London, with the two leaders saying the agenda includes global economics and the Israel-Hamas war and Russia’s full-scale invasion of Ukraine. What You Need To Know U.S. Vice President JD Vance is meeting…