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NEW YORK (AP) - Stocks closed lower on Wall Street while gold and silver prices plunged as investors tried to gauge what President Donald Trump's new nominee to lead the Federal Reserve will mean for interest rates going forward. The S&P 500 dropped 0.4%. The Dow fell 0.4%, and the Nasdaq sank 0.9%. Gold's price dropped 11%, and silver sank more than 30%.
UNITED NATIONS (AP) – The United Nations chief is warning that the world body faces “imminent financial collapse” unless its financial rules are overhauled or all 193 member nations pay their dues – a message likely directed at the United States and the billions it owes.
QUETTA, Pakistan (AP) – Separatists from Pakistan’s Balochistan province claimed responsibility for nearly a dozen coordinated attacks across southern Pakistan early Saturday that targeted civilians, a high-security prison, police stations and paramilitary installations. Eleven civilians, 10 security personnel and 67 insurgents were killed, authorities said.
SANTA FE, N.M. (AP) – The first stand-alone trial from state prosecutors in a stream of lawsuits against Meta is getting underway in New Mexico, with jury selection starting Monday.
NEW YORK (AP) – From tech titans to Wall Street power brokers and foreign dignitaries, a who’s who of powerful men make appearances in the huge trove of documents released Friday by the Justice Department in connection with its investigations of Jeffrey Epstein.
NEW YORK (AP) – American Express saw its profits grow 13% in the fourth quarter, as the credit card giant continues to benefit from its well-to-do clientele spending heavily on their cards on everything from luxury goods to restaurants to travel.
DEIR AL-BALAH, Gaza Strip (AP) – Hospitals in Gaza said Israeli strikes killed at least 30 Palestinians including several children on Saturday, one of the highest tolls since the October ceasefire, a day after Israel accused Hamas of new truce violations. The strikes hit locations throughout Gaza, including an apartment building in Gaza City and a tent camp in Khan Younis.
NEW YORK (AP) – A huge new tranche of files on millionaire financier and sex offender Jeffrey Epstein has revealed details of his communications with the wealthy and powerful, some not long before he died by suicide in 2019.
KYIV, Ukraine (AP) – Emergency power cuts swept across several Ukrainian cities as well as neighboring Moldova on Saturday, officials said, amid a commitment from the Kremlin to U.S. President Donald Trump to pause strikes on Kyiv as Ukraine battles one of its bleakest winters in years.
President Donald Trump said Tuesday a “big investigation” was underway into the killing of protester and ICU nurse Alex Pretti by federal agents in Minneapolis. “I want to see the investigation. I’m going to be watching over it, and I want a very honorable and honest investigation. I have to see it myself,” the president said as he left the White House.
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