FRANKFURT, Germany (AP) – The head of the European Central Bank says that businesses may be quicker to raise prices in response to the oil shock from the Iran war due to bitter memories of the inflation spike after Russia’s invasion of Ukraine in 2022. If oil and gas prices continue to rise, “the response of firms and workers may be faster than last time.”
Democrat Emily Gregory won a Florida special election on Tuesday, flipping a state legislative district that is home to Mar-a-Lago, the Palm Beach estate that President Donald Trump counts as his residence.
WASHINGTON (AP) – President Donald Trump has listed five objectives that the U.S. wants to achieve before ending its war with Iran. Now, as he suggests the U.S. may soon be “winding down” the operation after three and a half weeks, some of his key aims remain undefined or unfulfilled.
Excerpts from recent editorials in the United States and abroad:
WASHINGTON (AP) – The U.S. military is preparing to deploy at least 1,000 troops from the 82nd Airborne Division to the Middle East in the coming days, according to three people with knowledge of the plans.
WASHINGTON (AP) – The Justice Department’s investigation of a $2.5 billion renovation project at the Federal Reserve didn’t find any evidence of a crime, a federal prosecutor privately conceded under questioning by a skeptical judge earlier this month, according to a transcript of the sealed hearing.
WASHINGTON (AP) – Minnesota officials sued the Trump administration on Tuesday for access to evidence they say they need to independently investigate three shootings by federal officers, including the killings of Renee Good and Alex Pretti.
LOS ANGELES (AP) – A jury found both Meta and YouTube liable in a first-of-its-kind lawsuit that aimed to hold social media platforms responsible for harm to children using their services, awarding the plaintiff $3 million in damages.
HONG KONG (AP) – A Hong Kong bookstore owner and his staff were reportedly arrested on suspicion of selling seditious publications, including a biography of jailed pro-democracy activist Jimmy Lai, sparking fresh concerns about the city’s eroding freedoms.