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Nation and World

Dow leaps 1,100 points and S&P 500 rallies 3.3% following a 90-day truce in the US-China trade war

By STAN CHOE
May 12, 2025 8:44 am - Stocks rallied Monday after China and the United States announced a 90-day truce in their trade war. Each of the world’s two largest economies agreed to take down temporarily most of its tariffs against the other, which economists had warned could start a recession and create shortages on U.S. store shelves.
Hamas says it released Israeli-American hostage in goodwill gesture toward Trump administration

By WAFAA SHURAFA, SAMY MAGDY and TIA GOLDENBERG
May 12, 2025 7:29 am - An Israeli-American soldier held hostage for more than 19 months in the Gaza Strip was released Monday, Hamas said, in a goodwill gesture toward the Trump administration that could lay the groundwork for a new ceasefire with Israel.
Trump signs executive order setting 30-day deadline for drugmakers to lower prescription drug costs

By WILL WEISSERT and AMANDA SEITZ
May 12, 2025 7:13 am - President Donald Trump on Monday signed a sweeping executive order setting a 30-day deadline for drugmakers to electively lower the cost of prescription drugs in the U.S. or face new limits down the road over what the government will pay.
US and China take a step back from sky-high tariffs and agree to pause for 90 days for more talks

By JAMEY KEATEN, DAVID McHUGH, ELAINE KURTENBACH and KEN MORITSUGU
May 12, 2025 7:05 am - U.S. and Chinese officials said Monday they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war for more talks on resolving their trade disputes.
US-China tariff talks to continue Sunday, an official tells The Associated Press

By PAUL WISEMAN, DIDI TANG and JAMEY KEATEN
May 10, 2025 6:14 pm - GENEVA — Sensitive talks between U.S. and Chinese delegations over tariffs that threaten to upend the global economy ended after a day of prolonged negotiations and will ...
Ukraine and allies urge Putin to commit to a 30-day ceasefire or face new sanctions

By SAMYA KULLAB and ILLIA NOVIKOV
May 10, 2025 5:55 pm - KYIV, Ukraine — Leaders from four major European countries threatened to ratchet up pressure on Russian President Vladimir Putin if he does not accept an unconditional 30...
A Tennessee earthquake rattles homes as far away as Atlanta with 4.1 magnitude

By BEN FINLEY and BILL CORMIER
May 10, 2025 5:23 pm - ATLANTA — A 4.1-magnitude earthquake in Tennessee woke up families and rattled homes as far away as Atlanta as it spread tremors across portions of the southern U.S. on S...
Pope Leo XIV lays out vision of papacy and identifies AI as a main challenge for humanity

By NICOLE WINFIELD
May 10, 2025 4:51 pm - VATICAN CITY — Pope Leo XIV laid out the vision of his papacy Saturday, identifying artificial intelligence as one of the most critical matters facing humanity and vowing...
Israeli airstrikes kill 23 in Gaza as outcry over aid blockade grows

By WAFAA SHURAFA
May 10, 2025 4:43 pm - DEIR AL-BALAH, Gaza City — Israeli airstrikes overnight and into Saturday killed at least 23 Palestinians in Gaza, including three children and their parents whose tent w...
Trump team mulls suspending the constitutional right of habeas corpus to speed deportations. Can it?

By WILL WEISSERT
May 10, 2025 4:00 pm - WASHINGTON — White House deputy chief of staff Stephen Miller says President Donald Trump is looking for ways to expand its legal power to deport migrants who are in the ...

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