Banks see 'resilient' US economy but warn of negative impacts

NEW YORK (AP) – The nation’s biggest banks posted another quarter of strong profits, helped by a resilient economy and a flurry of dealmaking for their investment banking units.

Trump promised tax relief, but Americans still think they're overpaying

WASHINGTON (AP) – Most Americans still think their taxes are too high, according to recent polls, even after last year’s tax law fulfilled several of President Donald Trump’s tax-related campaign promises.

7-Eleven to close hundreds of stores in North America

NEW YORK (AP) – Convenience chain 7-Eleven expects to close hundreds of its locations this year. According to earnings filings published last week, 7-Eleven’s North American operator plans to close 645 stores in the 2026 fiscal year – outpacing the 205 locations it forecasts it will open during that same time.

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

Excerpts from recent editorials in the United States and abroad:

China Evergrande founder Hui Ka Yan pleads guilty to fraud and bribery

HONG KONG (AP) – The founder of the debt-ridden real estate developer China Evergrande pleaded guilty to a series of charges, including illegal absorption of public deposits, fraud and corporate bribery, according to a mainland Chinese court statement Tuesday.

War intensifies uncertainty for makers of the ultimate in bling, luxury watches

GENEVA (AP) – The bling is back, but the Iran war has tarnished the outlook for the luxury watch industry – the ultimate in opulence.

Pittsburgh Post-Gazette has found a buyer to keep the newspaper open

NEW YORK (AP) – Barely two weeks before it was due to shut down, the Pittsburgh Post-Gazette said Tuesday it had found a last-minute buyer – a nonprofit journalism operation that has agreed to keep the struggling newspaper open.

How US soybean farmers were impacted by tariffs, Iran war

Midwest soybean farmers have faced persistent financial headwinds in recent years, which were compounded by tariffs and the war in the Middle East, reporting from Lee Enterprises and The Associated Press found.

Trump family deal spree could open door for future presidents to profit

NEW YORK (AP) – For decades, presidents avoided even the appearance of profiting from their office. Harry Truman refused to lend his name to any business, even in retirement. Richard Nixon so feared a brother might profit off their ties, he had his phone tapped.