NEW YORK (AP) - The U.S. stock market rose to more records after Cisco Systems joined the parade of companies reporting fatter profits. The S&P 500 climbed 0.8% Thursday to set an all-time high for a second straight day. The Dow Jones rose 0.7% and finished a day above the 50,000 level. The Nasdaq composite added 0.9% to its own record.
BEIJING (AP) – China’s Xi Jinping warned President Donald Trump on Thursday that their two countries could clash over Taiwan if the issue is not handled properly, an unusually harsh admonition that stood in contrast to the American leader’s praise for his counterpart.
BEIJING (AP) – As President Donald Trump wraps up his whirlwind visit to China on Friday, he’s insistent that relations between the world’s two biggest powers are good and getting better despite deep differences on Iran, Taiwan and more.
Excerpts from recent editorials in the United States and abroad:
President Donald Trump and several top administration officials are joining with a cast of mostly conservative Christian clergy this Sunday on the National Mall in Washington for a prayer gathering billed as a “rededication of our country as One Nation Under God” upon America’s 250th birthday.
DUBAI, United Arab Emirates (AP) – A ship anchored off the United Arab Emirates was seized and taken toward Iran and another – a cargo ship near Oman – sank after being attacked, authorities said Thursday, as tensions escalated near the Strait of Hormuz.
SIOUX FALLS, S.D. (AP) – For America’s 250th birthday, the U.S. Postal Service is releasing special edition stamps featuring one of the nation’s icons: the bald eagle.
NEW YORK (AP) – Shoppers tempered their spending in April as higher gas prices fueled by the Iran war meant less money left over for some nonessentials like clothing and furniture. But they’re still buying, thanks to more generous government tax refunds.
WASHINGTON (AP) – House Democratic leader Hakeem Jeffries had warned Republicans they would come to regret the congressional redistricting fight, and when Democrats counterpunched last month with a redrawn Virginia map, he had made his point.