FDA staff blindsided by allowing more e-cigarettes and nicotine pouches into US

WASHINGTON (AP) – Senior officials in the Food and Drug Administration’s tobacco center were blindsided by a recent decision that opens the door to allowing more unauthorized electronic cigarettes and nicotine pouches onto the U.S. market, The Associated Press has learned.

Walmart wins over broader swath of consumers

NEW YORK (AP) – Walmart delivered another quarter of impressive sales with speedy deliveries and low prices becoming a strong magnet for people across the income spectrum that are spending more on almost everything, particularly gasoline.

US stocks close out their 8th straight winning week

NEW YORK (AP) - The U.S. stock market closed out its eighth straight winning week. The S&P 500 climbed 0.4% Friday. The Dow Jones added 0.6%, and the Nasdaq composite climbed 0.2%. Ross Stores, Workday and Zoom Communications helped drive the market higher after reporting stronger profits than analysts expected.

Editorials from The Washington Post, The Wall Street Journal, The Guardian and others

Excerpts from recent editorials in the United States and abroad:

Energy shock from Iran war to weigh on Europe's growth, boost inflation

FRANKFURT, Germany (AP) – The European Union’s executive commission cut its growth outlook and predicted higher inflation due to sharply higher energy prices from the war in Iran – but said the economy will avoid an outright recession.

US jobless aid filings fell to 209,000 last week as layoffs remain low

WASHINGTON (AP) – Fewer Americans filed for jobless aid last week as layoffs remain low despite a number of uncertainties that continue to cloud the economy.

Average US long-term mortgage rate climbs to 6.51%, highest level in 9 months

The average long-term U.S. mortgage rate climbed this week to its highest level in nearly nine months, driving up borrowing costs for homebuyers during what’s traditionally the housing market’s busiest time of the year.

Taiwan investigate 3 people over Nvidia chip smuggling to China

TAIPEI, Taiwan (AP) – Authorities in Taiwan are investigating three people on suspicion of using forged documents to smuggle computer servers containing advanced Nvidia chips to China, prosecutors said Thursday. The high-performance AI servers were made by the San Jose, California-based Super Micro Computer Inc.

Congressional committee asks telecoms to prevent scams as losses surge

WASHINGTON (AP) – A powerful congressional committee is urging major telecommunications companies to do more to protect Americans against scams, part of a widening investigation into the role that U.S. companies play in the surge in cyberscams that cost Americans an estimated $200 billion in 2024.