• Iran and US Exchange Fire
  • Ukraine Launches Long-Range Strikes on Russia
  • The Trump Report: The Latest Updates
  • Trump Signs $70B Immigration Enforcement Bill
  • US Inflation Surges Above 4%
AI stocks drag Wall Street back on the roller coaster

NEW YORK (AP) - More sudden reversals for high-flying artificial-intelligence stocks sent Wall Street reeling. The S&P 500 fell 0.3% Tuesday after careening between an early gain of 1% and a midday loss of 2.3%. The Dow Jones Industrial Average edged up 0.2%, and the Nasdaq composite sank 1%.

Top Asia Pacific Breaking News: Latest Updates

KABUL, Afghanistan (AP) – Pakistan launched deadly new airstrikes on Afghanistan early Wednesday, ending a month of calm following what Islamabad previously described as “open war” between the neighbors that has defied international efforts to bring a lasting peace.

Trump has a new, surprising take on the higher cost of living: 'I love the inflation'

WASHINGTON (AP) – President Donald Trump on Wednesday showed how he had learned to stop worrying about inflation and simply, in his own words, “love” it. Asked about the new report that the consumer price index in May had jumped 4.2% over the last year, the president took a surprisingly optimistic tack with the challenging news.

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SpaceX wants regular investors in its stock launch. Here's what to know.

NEW YORK (AP) – When SpaceX makes its debut on the U.S. stock market, it wants smaller-pocketed, mom-and-pop investors to play a big role in what may be the biggest IPO ever. Elon Musk’s rocket company, formally known as Space Exploration Technologies Corp., is steering some of its initial public offering of stock directly to what are called “retail” investors.

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China car exports jump 73% in May as high fuel prices raise interest in EVs

HONG KONG (AP) – China’s passenger car exports jumped 73% year-on-year in May to around 809,000 vehicles, an industry group reported Wednesday, as higher gasoline and diesel prices due to the war in Iran raised interest in electric vehicles.

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US stung by higher energy prices that have pushed inflation above 4%

WASHINGTON (AP) – Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near. Consumer prices rose 4.2% in May from a year earlier, the Labor Department said Wednesday, up from 3.8% in April and the third straight monthly increase.

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The Latest: Iran and US exchange fire as hostiles escalate in Mideast region

Iran retaliated against U.S. air and cruise missile strikes as hostilities escalated Thursday with attacks against Kuwait and Bahrain in renewed fighting after U.S. President Donald Trump warned that Tehran would “pay the price” for stalled negotiations.

Politics
The Trump Report: The Latest Updates

U.S. President Donald Trump said Wednesday that Iran is taking “too long to negotiate a deal” and that “now they will have to pay the price.” What that means for Tehran wasn’t clear. His latest statement came after the U.S. launched airstrikes early Wednesday against Iran after Trump blamed Tehran for the crash of an American attack helicopter. Iran fired back at countries in the region.

Politics
US stung by higher energy prices that have pushed inflation above 4%

WASHINGTON (AP) – Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near. Consumer prices rose 4.2% in May from a year earlier, the Labor Department said Wednesday, up from 3.8% in April and the third straight monthly increase.

JERUSALEM (AP) - Iran launched missiles at Israel in the first such bombardment since a fragile ceasefire took effect in early April, raising the possibility of a return to heavy fighting and complicating mediation efforts to end the war.