Articles filed under Associated Press
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US stocks dive as euphoria on Wall Street reverts to fear about US-China trade warApr 10, 2025 7:52 am - U.S. stocks 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 fell 3.5% Thursday. The Dow Jones Industrial Average dropped 2.5%, and the Nasdaq composite sank 4.3%. China announced more countermeasures against the United States, and losses for stocks accelerated after the White House clarified that it will tax Chinese imports at 145%, not the 125% rate Trump had earlier written about. The swings also hit the bond market despite a better-than-expected report on inflation.
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Billionaires, trusted allies, media personalities. These are the people Trump picked for top rolesApr 10, 2025 7:48 am - President Donald Trump prioritized loyalty as he built out a team for his second term, surrounding himself with people who served faithfully in his first administration or who worked on one or more of his three campaigns.
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Inflation fell last month as gas prices dropped sharply, a sign prices cooling before tariffsApr 10, 2025 7:44 am - U.S. inflation declined last month as the cost of gas fell, a sign that price growth was cooling even as President Donald Trump ramped up his tariff threats.
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Rami Malek wants revenge in starry, globe-trotting action pic ‘The Amateur’Apr 10, 2025 5:30 am - As star of “The Amateur,” Rami Malek gets to be both skittish nerd and coolly competent angel of death. He’s the perpetual rule-follower who in grief-stricken madness decides to blackmail his bosses and go on an international killing spree to get the people responsible for his love’s death.
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Iran’s president insists Tehran does not seek a nuclear bomb and dangles US business opportunitiesApr 09, 2025 7:25 pm - TEHRAN, Iran — Iran's president again pledged Wednesday that his nation is “not after a nuclear bomb” ahead of talks between Tehran and the United States, going as far as...
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Jon Hamm steals expensive stuff and likely viewers’ hearts in Apple TV+’s ‘Your Friends & Neighbors’Apr 09, 2025 5:40 pm - “Your Friends & Neighbors” begins with a once high-flying hedge fund manager waking up in someone else’s luxurious house, next to a dead body and in a pool of blood. How he ended up there consumes the first season of this compelling Apple TV+ series starring Jon Hamm.
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Judges to bar US from using Alien Enemies Act to deport some Venezuelans held in Texas and New YorkApr 09, 2025 2:42 pm - Judges in Texas and New York on Wednesday said they would temporarily bar the U.S. government from deporting Venezuelans jailed in parts of those two states while their lawyers challenge the Trump administration’s use of a rarely-invoked law letting presidents imprison and deport noncitizens in times of war.
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Trump pauses tariffs on most nations for 90 days, raises taxes on Chinese importsApr 09, 2025 12:38 pm - Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%.
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Roof collapse at Dominican club kills at least 124 as officials scramble to identify victimsApr 09, 2025 9:16 am - The legendary Jet Set club in Santo Domingo was packed with musicians, professional athletes and government officials when dust began falling from the ceiling and into people's drinks.
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Trump administration halts $790 million in federal funding for Northwestern, $1 billion for CornellApr 09, 2025 8:15 am - More than $1 billion in federal funding for Cornell University and around $790 million for Northwestern University has been frozen while the government investigates alleged civil rights violations at the schools, the White House said.