• US and Iran to Meet Saturday
  • Criminal Probe of Fed Chairman Dropped
  • US Sanctions China-Based Oil Refineries
  • Israel's Netanyahu Treated for Prostate Cancer
  • Congress Keeps Holding All-Nighters
Intel leads the US stock market to more records

NEW YORK (AP) - A surge for Intel following a blowout profit report led the U.S. stock market to more records Friday, while oil prices kept yo-yoing in the wait for what's next with the Iran war. The S&P 500 climbed 0.8%. The Dow Jones Industrial Average dipped 79 points, or 0.2%, and the Nasdaq composite rallied 1.6%.

Top Asia Pacific Breaking News: Latest Updates

BANGKOK (AP) – Chinese Foreign Minister Wang Yi met Thailand’s Prime Minister Anutin Charnvirakul on Friday during a visit aimed at strengthening the countries’ strategic partnership and expanding cooperation. The two agreed to strengthen collaboration in fighting transnational crime and cyberscams and other areas.

US won't renew Iranian and Russian oil waivers, Bessent says

WASHINGTON (AP) – Treasury Secretary Scott Bessent said Friday that the U.S. does not plan to renew a waiver allowing the purchase of Russian oil and petroleum products that are currently at sea. And, he said, a renewal of the one-time waiver for Iranian oil at sea is totally off the table.

Justice Department drops criminal probe of Fed chair Powell

WASHINGTON (AP) – The Justice Department has ended its investigation into Federal Reserve chair Jerome Powell, clearing a major roadblock to the confirmation of Kevin Warsh as his successor.

US sanctions China-based oil refinery and 40 shippers over Iranian oil

WASHINGTON (AP) – The Trump administration is placing economic sanctions on a major China-based oil refinery and roughly 40 shipping companies and tankers involved in transporting Iranian oil. The move makes good on the Trump administration’s threat to impose secondary sanctions on companies and countries that do business with Iran.

Meta slashes 8,000 jobs, or 10% of its workforce, as Microsoft offers buyouts

Meta is laying off about 8,000 workers, or about 10% of its workforce, the company said Thursday as it continues to ramp up spending on artificial intelligence infrastructure and highly paid AI-expert hires.

Justice Department drops criminal probe of Fed chair Powell

WASHINGTON (AP) – The Justice Department has ended its investigation into Federal Reserve chair Jerome Powell, clearing a major roadblock to the confirmation of Kevin Warsh as his successor.

US sanctions China-based oil refinery and 40 shippers over Iranian oil

WASHINGTON (AP) – The Trump administration is placing economic sanctions on a major China-based oil refinery and roughly 40 shipping companies and tankers involved in transporting Iranian oil. The move makes good on the Trump administration’s threat to impose secondary sanctions on companies and countries that do business with Iran.

Israel's Benjamin Netanyahu says he was treated for prostate cancer and is now healthy

JERUSALEM (AP) – Israeli Prime Minister Benjamin Netanyahu said Friday that he has undergone treatment for prostate cancer in his first public acknowledgment of the diagnosis. He said that roughly a year and a half ago he had prostate surgery.

BRUSSELS (AP) – The European Union on Thursday approved a 90-billion-euro ($106-billion) loan package to help Ukraine meet its economic and military needs for two years after oil began flowing through a key pipeline to Hungary and Slovakia, ending months of political deadlock.