NEW YORK (AP) – President Donald Trump signed an executive order Thursday that could slap long-threatened pharmaceutical tariffs of up to 100% on some patented drugs from companies that don’t reach deals with his administration in the coming months.
After two years of tweaks to its value menu, McDonald’s has a new strategy: keep it simple. The fast-food giant’s budget-focused McValue menu will have 10 items that each cost under $3 starting April 21. The breakfast items include hash browns or a Sausage McMuffin. A small order of fries or a McDouble burger are among the options the rest of the day.
The average long-term U.S. mortgage rate climbed for the fifth straight week, reaching its highest level in nearly seven months, another setback for home shoppers in the midst of the spring homebuying season.
Excerpts from recent editorials in the United States and abroad:
Good news for people who regret the Gmail address they came up with when they registered for an account: Google is now letting users change it. Google started quietly rolling out the change late last year in India and said this week in a blog post that it’s now available for all Google Account users in the United States.
NEW YORK (AP) – Stocks recovered most of their earlier losses as volatility returned to Wall Street after two days of solid gains. The S&P 500 fell 0.2% after slumping as much as 1.5% in early trading Thursday. The Dow Jones Industrial Average shed 154 points, or 0.3% as of 12:35 p.m. Eastern. The Nasdaq composite fell 0.3%. Stocks in Europe pared their losses.
SAN FRANCISCO (AP) – The Trump administration is appealing a judge’s order blocking the federal government from taking punitive measures against artificial intelligence company Anthropic after a dispute with the Pentagon over military use of AI.
NEW YORK (AP) – Elon Musk’s space exploration company has filed preliminary paperwork to sell shares to the public, according to two sources familiar with the filing, a blockbuster offering that would likely rank as the biggest ever and could make its founder the world’s first trillionaire.
BERLIN (AP) – German growth forecasts for 2026 and 2027 were cut by experts on Wednesday as governments across Europe implement measures aimed at reducing the price impact of the Iran war.
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