WASHINGTON (AP) – Senior officials in the Food and Drug Administration’s tobacco center were blindsided by a recent decision that opens the door to allowing more unauthorized electronic cigarettes and nicotine pouches onto the U.S. market, The Associated Press has learned.
NEW YORK (AP) – Walmart delivered another quarter of impressive sales with speedy deliveries and low prices becoming a strong magnet for people across the income spectrum that are spending more on almost everything, particularly gasoline.
NEW YORK (AP) - The U.S. stock market closed out its eighth straight winning week. The S&P 500 climbed 0.4% Friday. The Dow Jones added 0.6%, and the Nasdaq composite climbed 0.2%. Ross Stores, Workday and Zoom Communications helped drive the market higher after reporting stronger profits than analysts expected.
Excerpts from recent editorials in the United States and abroad:
FRANKFURT, Germany (AP) – The European Union’s executive commission cut its growth outlook and predicted higher inflation due to sharply higher energy prices from the war in Iran – but said the economy will avoid an outright recession.
WASHINGTON (AP) – Fewer Americans filed for jobless aid last week as layoffs remain low despite a number of uncertainties that continue to cloud the economy.
The average long-term U.S. mortgage rate climbed this week to its highest level in nearly nine months, driving up borrowing costs for homebuyers during what’s traditionally the housing market’s busiest time of the year.
TAIPEI, Taiwan (AP) – Authorities in Taiwan are investigating three people on suspicion of using forged documents to smuggle computer servers containing advanced Nvidia chips to China, prosecutors said Thursday. The high-performance AI servers were made by the San Jose, California-based Super Micro Computer Inc.
WASHINGTON (AP) – A powerful congressional committee is urging major telecommunications companies to do more to protect Americans against scams, part of a widening investigation into the role that U.S. companies play in the surge in cyberscams that cost Americans an estimated $200 billion in 2024.