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NEW YORK (AP) - U.S. stocks wobbled after feeling both the upside and downside of a surprisingly strong report on the U.S. job market. After initially rising toward its all-time high on Wednesday, the S&P 500 flipped between gains and losses before finishing with a miniscule drop of less than 0.1%. The Dow Jones slipped 0.1%, and the Nasdaq composite fell 0.2%.
DHAKA, Bangladesh (AP) – When Tarique Rahman, the son of a former prime minister of Bangladesh, returned to the country in December after 17 years of self-imposed exile, he declared to his supporters: “I have a plan.” Rahman returned at a time of upheaval. Bangladesh was seemingly adrift under an interim administration as it inched closer to a nationwide poll.
WASHINGTON (AP) – The House voted Wednesday to slap back President Donald Trump’s tariffs on Canada, a rare if largely symbolic rebuke of the White House agenda as Republicans joined Democrats over the objections of GOP leadership.
LIVIGNO, Italy (AP) – When the powder settled on the Olympic moguls course, Elizabeth Lemley was basking, true to her nickname, in the glow of a gold medal. The 20-year-old American freestyle skier, called “Lizard” by her teammates, had slid and leapt over the slope’s icy bumps to land an unbeatable run, leading a red, white and blue 1-2 medal grab.
TESERO, Italy (AP) – Jens Luraas Oftebro of Norway overcame a 28-second time disadvantage to chase down a pack of skiers, narrowly avoided a costly crash and then slugged it out uphill in deep, slushy snow to hold off his chief rival to win the gold medal in the Nordic combined normal hill competition.
LIVIGNO, Italy (AP) – Chloe Kim got the drama over early in Olympic halfpipe qualifying Wednesday, nailing her first run on the way to a top finish and a spot in the final where she’ll go for her third straight title. Kim showed no signs of rust in her first contest since injuring her shoulder four weeks ago – a setback that jeopardized her status as the favorite.
WASHINGTON (AP) – U.S. employers added a surprisingly strong 130,000 jobs last month, but government revisions cut 2024-2025 U.S. payrolls by hundreds of thousands. The unemployment rate fell to 4.3%, the Labor Department said Wednesday. The report included major revisions that reduced the number of jobs created last year to just 181,000.
Kraft Heinz said Wednesday it’s pausing its plans to split into two companies. Steve Cahillane, who became CEO of Kraft Heinz on Jan. 1, said he wants to ensure that all of the company’s resources are focused on profitable growth. “I have seen that the opportunity is larger than expected and that many of our challenges are fixable and within our control”.
McDonald’s focus on value is paying off. The fast food giant said Wednesday that its global same-store sales – or sales at locations open at least a year – jumped 5.7% in the October-December period. That’s better than the 3.9% Wall Street was expecting, according to analysts polled by FactSet.
WASHINGTON (AP) – The House voted Wednesday to slap back President Donald Trump’s tariffs on Canada, a rare if largely symbolic rebuke of the White House agenda as Republicans joined Democrats over the objections of GOP leadership.
KYIV, Ukraine (AP) – A Russian drone smashed into a home in Ukraine’s northeastern Kharkiv region overnight, killing a father and his three small children, officials said Wednesday. The family’s pregnant mother was wounded but survived. The strike completely destroyed the brick house and set it on fire, trapping the family under the rubble.
Attorney General Pam Bondi is taking heated questions from lawmakers in a combative congressional hearing over the Justice Department’s handling of files related to Jeffrey Epstein that have exposed sensitive private information about victims despite redaction efforts.
LONDON (AP) – In an earlier era, Britain’s royal family might have tried to bury the scandal surrounding Andrew Mountbatten-Windsor’s friendship with Jeffrey Epstein. Not during the reign of King Charles III. Since October, the king has stripped his younger brother of the right to be called prince and forced him to move out of the royal estate.
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