• Higher Prices Will Outlast Iran War
  • Foundations emphasize community services to counter narratives of fraud
  • Knicks' championship brings 'craziness' to NYC
  • Trump's Iran Deal Greeted With Skepticism
  • G7 Backs Trump's Deal to End Iran War
Oil and gas supplies could take months to return to normal after Iran deal

NEW YORK (AP) – High oil and gasoline prices and energy supply problems won’t be solved overnight, despite an agreement to end the Iran war and open the Strait of Hormuz announced Sunday.

New York City celebrates the Knicks' first championship in 53 years

NEW YORK (AP) – It was bedlam on Broadway as the New York Knicks won their first NBA championship in 53 years on Saturday night, with exuberant celebrations marred by mayhem and violence, including a shooting in Times Square.

Puerto Rican Day Parade marches through Manhattan with pulsing music

NEW YORK (AP) – New Yorkers who weren’t partied out after the Knicks championship found another excuse to celebrate on Sunday as the National Puerto Rican Day Parade marched through Manhattan with pulsing music and vibrant colors.

SpaceX buys AI coding startup Cursor for $60 billion for an edge over Anthropic and OpenAI

SpaceX will move forward with its $60 billion acquisition of artificial intelligence startup Cursor as Elon Musk’s space exploration and AI company seeks a competitive edge against rivals Anthropic and OpenAI after its Wall Street debut last week.

Bank of Japan raises its key interest rate to three-decade high

TOKYO (AP) – The Bank of Japan raised its benchmark interest rate to 1% on Tuesday, citing challenges stemming from a weak Japanese yen and higher prices. The central bank’s increase in the uncollateralized overnight rate, by a quarter of a percentage point from 0.75%, puts it at a three-decade high.

Pizza Hut, overtaken by delivery culture, will be sold for $2.7 billion

Pizza Hut, the 68-year-old chain that has long struggled with growing competition and outdated restaurants, will be sold for $2.7 billion by parent company Yum Brands.

G7 leaders back Trump's deal to end Iran war as more details emerge

EVIAN-LES-BAINS, France (AP) – Leaders at the Group of Seven summit on Wednesday threw their support behind U.S. President Donald Trump’s tentative agreement with Iran to open the Strait of Hormuz and extend a shaky ceasefire.

Read the transcript of the US draft of the memorandum of understanding over Iran war

Senior U.S. officials on Wednesday read the memorandum of understanding with Iran to journalists after days of secrecy over what is in the document. The officials spoke on condition of anonymity to read the draft, which Iran has not released, ahead of a formal signing ceremony set for Friday.

Federal Reserve keeps rate unchanged, but nearly half would support hike this year

WASHINGTON (AP) – The Federal Reserve kept its key rate unchanged Wednesday yet almost half the central bank’s policymakers said they could support a rate hike later this year, an unexpectedly aggressive outcome that would disappoint President Trump and suggests heightened concerns about persistent inflation.