NEW YORK (AP) - The U.S. stock market sank after a mixed day of trading. The S&P 500 fell 0.8% Tuesday. The Dow Jones Industrial Average dipped 0.3%, and the Nasdaq composite lost 1.4%. Nvidia, Microsoft and other influential Big Tech stocks weighed on the market. So did software companies and others seen as potential losers to competitors powered by artificial intelligence.
WASHINGTON (AP) – Bullied and buffeted by President Donald Trump’s tariffs for the past year, America’s longstanding allies are desperately seeking ways to shield themselves from the president’s impulsive wrath. U.S. trade partners are cutting deals among themselves — sometimes discarding old differences to do so – to diversify their economies away from the US.
NEW DELHI (AP) – Indian lawmakers from the ruling coalition praised Prime Minister Narendra Modi on Tuesday for striking a deal with the U.S. that seeks to reduce tariffs on Indian goods, while the opposition raised questions on the impact on sensitive sectors such as agriculture. President Trump on Monday announced plans to reduce import tariffs on India.
PayPal is replacing CEO Alex Chriss with Enrique Lores, saying that the pace of change and execution at the company has not met board expectations over the past two years. Lores has served as a PayPal board member for almost five years and has been board Chair since July 2024. He’s also spent more than six years as president and CEO of HP Inc.
PURCHASE, NY (AP) – PepsiCo is cutting prices on Lay’s, Doritos, Cheetos and Tostitos chips this year to win back customers exasperated by years of price hikes. “For some consumers, low- and middle-income consumers, the biggest friction they have today in our category… is affordability. So we have been testing multiple ways to give them affordability.”
TOKYO (AP) – Nintendo posted a 51% rise in profit for the first three quarters of the fiscal year as the Japanese video-game maker continued to score success with its revamped Switch machine.
Speaker Mike Johnson’s ability to carry out President Donald Trump’s “play call” for funding the government will be put to the test Tuesday as the House holds a procedural vote on a bill to end the partial shutdown. Johnson can’t lose more than one Republican on party-line votes with perfect attendance, and some are threatening to tank the effort.
WASHINGTON (AP) – Director of National Intelligence Tulsi Gabbard told lawmakers in a letter Monday that she attended an FBI search of the elections hub in Fulton County, Georgia, last week because President Donald Trump asked for her to be there. She also acknowledged that she “facilitated” a brief phone call between Trump and FBI agents.
LONDON (AP) – The charity founded by Sarah Ferguson, the former Duchess of York, is shutting down following the release of emails showing the depth of her friendship with the late sex offender Jeffrey Epstein. Sarah’s Trust, which focused on improving the lives of women and children, said it will close for the “foreseeable future” following the revelations in latest documents released by the U.S. Department of Justice.
DUBAI, United Arab Emirates (AP) – Iran’s supreme leader warned Sunday that any attack by the United States would spark a “regional war” in the Mideast, further escalating tensions as President Donald Trump has threatened to militarily strike the Islamic Republic over its crackdown on recent nationwide protests.
































































































































