NEW YORK (AP) – Stocks recovered most of their earlier losses as volatility returned to Wall Street after two days of solid gains. The S&P 500 fell 0.2% after slumping as much as 1.5% in early trading Thursday. The Dow Jones Industrial Average shed 154 points, or 0.3% as of 12:35 p.m. Eastern. The Nasdaq composite fell 0.3%. Stocks in Europe pared their losses.
LONDON (AP) – U.S. President Donald Trump and his Defense Secretary Pete Hegseth have been damning of the U.K.’s naval capabilities. Their jibes may have stung in a country with a long and proud maritime history, but they do carry some substance.
NEW YORK (AP) – Sales of Tesla vehicles rose in the past three months in a possible sign recovery is afoot after a brutal year of boycotts over Elon Musk’s politics but still fell short of expectations. The company Thursday said sales rose 6% to 358,023, the first time in three years it posted a first-quarter increase from the year-earlier period.
Excerpts from recent editorials in the United States and abroad:
WASHINGTON (AP) – President Donald Trump’s White House ballroom is expected to win approval from a key agency on Thursday, days after a federal judge ordered a halt to construction unless Congress allows what would be the biggest structural change to the American landmark in more than 70 years.
DES MOINES, Iowa (AP) – The near-daily changes in U.S. gas prices are dizzying for drivers, who are left feeling frustrated and cash-strapped by the highest fuel costs since 2022. With the Iran war pushing up prices worldwide, the U.S. average for a gallon of gas topped $4 on Tuesday, according to AAA.
BELGRADE, Serbia (AP) – International media organizations have joined Serbian journalists in raising the alarm about worsening press freedoms in the Balkan country, including “record levels” of physical violence, online smear campaigns and death threats against reporters.
MOSCOW (AP) – Russia plans to send a second oil tanker to Cuba, the country’s energy minister said Thursday, citing the island’s ongoing energy blockade and reiterating Russia’s solidarity with the troubled Caribbean nation.
HAVANA (AP) – FBI agents have arrived in Cuba to investigate the fatal shooting of five men aboard a U.S.-flagged speedboat in February that the Cuban government said was carrying suspects who were trying to infiltrate the island.