• Intense Israeli Strikes hit Iran and Lebanon
  • Middle East War: The Latest Updates
  • Trump Fires Homeland Security Secretary Noem
  • China's New 5-Year Economic Blueprint
  • Chaos is Key to Iran's Strategy
US stocks sink after oil spikes to its highest price since 2024

NEW YORK (AP) - The Dow Jones Industrial Average briefly dropped more than 1,000 points after the price of oil spiked to its highest level since the summer of 2024. The Dow lost as many as 1,160 points Thursday before finishing the day with a drop of 784, or 1.6%. The S&P 500 fell 0.6%, while the Nasdaq composite lost 0.3%

Panic in Beirut as Israel warns Lebanon's southern suburbs to evacuate

BEIRUT (AP) – Traffic was gridlocked in Lebanon ‘s capital on Thursday as panicked residents tried to flee after Israel’s military issued a notice ordering all of Beirut’s southern suburbs to evacuate, apparently signaling plans for a major bombardment of the area.

Lack of notice about Iran strikes frustrates Gulf nations

CAIRO (AP) – The Trump administration is confronting mounting discontent from allies in the Persian Gulf who have complained they were not given adequate time to prepare for the torrent of Iranian drones and missiles bombarding their countries in retaliation for strikes launched by the U.S. and Israel.

Milan Cortina Olympics close as Olympic flag passes to France

VERONA, Italy (AP) – The Milan Cortina Olympics ended Sunday with a closing ceremony paying tribute to Italian dance and music inside the ancient Verona Arena, roughly mid-distance between the far-flung mountain, valley and city venues that made these the most spread-out Winter Games in Olympic history.

US beats Canada for first men's hockey gold at the Olympics since 1980

MILAN (AP) – The United States is on top of the hockey world for the first time in nearly a half-century. No miracle needed.

Eileen Gu in tears after learning of her grandmother's death

LIVIGNO, Italy (AP) – By taking chances, Eileen Gu is building a sport. She’s winning medals. Yet on a sunny Sunday at the Olympics where she defended her title on the halfpipe, maybe the best prize of all was knowing her grandma would be proud.

Berkshire Hathaway resumes buybacks

OMAHA, Neb. (AP) – Berkshire Hathaway is buying back shares for the first time in nearly two years, and new CEO Greg Abel said he has no immediate plans to sell off Kraft Heinz shares now that the packaged food giant has shelved its plan to split the company into two.

Pentagon labeling AI company Anthropic a supply chain risk 'effective immediately'

The Trump administration is following through with its threat to designate artificial intelligence company Anthropic as a supply chain risk in an unprecedented move that could force other government contractors to stop using the AI chatbot Claude.

Morgan Stanley to lay off about 3% of its workforce

NEW YORK (AP) – Morgan Stanley is laying off roughly 2,500 employees as job cuts continue this year in the financial sector. The layoffs at Morgan Stanley, which account for roughly 3% of its workforce, are taking place across the entirety of investment bank, a person with knowledge familiar with the matter told The Associated Press.

Intense Israeli strikes hit Iran and Lebanon as US warns the bombardment will 'surge dramatically'

DUBAI, United Arab Emirates (AP) – Intense Israeli airstrikes pounded the capitals of Iran and Lebanon early Friday as the U.S. apparently struck an Iranian drone carrier at sea in its unrelenting campaign against the Islamic Republic’s fleet of warships.

Trump replaces Homeland Security Secretary Noem with Sen. Markwayne Mullin

WASHINGTON (AP) – President Donald Trump says he’s replacing his embattled Homeland Security Secretary Kristi Noem and will nominate in her place Oklahoma Republican Sen. Markwayne Mullin. Trump made the announcement on social media on Thursday, two days after Noem faced a grilling on Capitol Hill from GOP members as well as Democrats.

Lack of notice about Iran strikes frustrates Gulf nations

CAIRO (AP) – The Trump administration is confronting mounting discontent from allies in the Persian Gulf who have complained they were not given adequate time to prepare for the torrent of Iranian drones and missiles bombarding their countries in retaliation for strikes launched by the U.S. and Israel.

LONDON (AP) – Opposition politicians accused U.K. Prime Minister Keir Starmer on Wednesday of weakening Britain’s “special relationship” with the United States by differing from U.S. President Donald Trump over Iran and drawing his ire.