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US economy expanded at sluggish 0.7% in fourth quarter, government says, downgrading first estimate
WASHINGTON (AP) — The U.S. economy, hobbled by last fall’s 43-day government shutdown, advanced at an unexpectedly sluggish 0.7% annual rate from October through December, the Commerce Department reported Friday in a big downgrade of its initial estimate.Growth in gross domestic product — the nation’s output of goods and services — was down sharply from 4.4% in last year’s third quarter and 3.8% in the second. And the fourth-quarter number was half the government’s first estimate of 1.4%; economists had expected the revision to go the other way — and show stronger... Read More
The Latest: US hits pro-government demonstration in Iran as war threatens global economy
U.S. President Donald Trump posted a new threat to Iran’s leaders Friday on his Truth Social website, saying: “They’ve been killing innocent people all over the world for 47 years, and now I, as the 47th President of the United States of America, am killing them,” Trump wrote. “What a great honor it is to do so!”A large explosion struck Iran’s capital in an area filled with demonstrators for the annual Quds Day event in support of the Palestinians, Iranian state television reported. Thousands of people took to the streets in Tehran Friday, chanting “death to... Read More
Key inflation gauge worsened in January, before Iran war lifted gas prices
WASHINGTON (AP) — An inflation gauge closely monitored by the Federal Reserve moved higher in January in the latest sign that prices were persistently elevated even before the Iran war caused spikes in oil and gas costs.Prices rose 2.8% in January compared with a year earlier, the Commerce Department said Friday, slightly below December’s increase in a report that was delayed by last fall’s six-week government shutdown. The shutdown created a backlog of data that is nearly cleared.
Yet excluding the volatile food and energy categories — which the Fed pays... Read More
Blast rocks Tehran after Israel threatened to target area of government-organized rally
DUBAI, United Arab Emirates (AP) — A large explosion rocked an area of Iran’s capital where thousands were gathered Friday for an annual state-organized rally to support the Palestinians and call for Israel’s demise. Israel had earlier warned that it would target the area in central Tehran.There were no immediate reports of casualties. But the decision to proceed with the mass demonstration that was attended by some senior government officials, and Israel’s threat to target the area, underscored the fierce determination on both sides nearly two weeks into a war that has... Read More
5 indelible photos from Hollywood's awards season, and the stories behind them
LOS ANGELES (AP) — As a staff photojournalist for The Associated Press based in Los Angeles, Chris Pizzello covers hundreds of entertainment events a year — perched in the rafters, crouched on the red carpet or directing stars to make the perfect portrait. It all culminates in awards season, where he captures the defining moments in the lives of the celebrities he's shot day in and day out, from the triumphs of Beyoncé and Bad Bunny at the Grammys to the envelope snafu and The Slap at the Oscars.Ahead of Sunday's Oscars, he broke down his favorite photos from the 2026 awards... Read More
Top Stories
- Key inflation gauge worsened in January, before Iran war lifted gas prices
- Blast rocks Tehran after Israel threatened to target area of government-organized rally
- Cuban president says talks were recently held with the US to resolve differences
- Low and slow meets forever: US postage stamps honor lowrider car culture
- Man in Michigan synagogue attack lost family members in Israeli airstrike in Lebanon, official says
- A US military refueling plane crashed in Iraq, killing 4. Here's what to know
- World shares decline, while oil pops above $100 a barrel over Iran war worries
- Iran war disrupts energy supplies as Iran's new leader resolves to keep fighting
- US weather to go nuts with blizzard, polar vortex, heat dome, atmospheric river all at once
- Democratic senators file war powers resolution to check Trump on Cuba
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Entertainment
- 5 indelible photos from Hollywood's awards season, and the stories behind them
- Trump administration denounces CNN for airing messages from Iranian leaders
- Live Nation employee mocks customers as 'so stupid' in internal messages released in court case
- A wooden holztrompete joins the Metâs new 'Tristan und Isolde' production
Sports
- Iran soccer team pushes back on Trump comments, says 'no one can exclude' it from the World Cup
- Bracket Watch: Miami (Ohio) joins the bubble but still has a lot going for it -- for now
- Marathon WNBA labor talks last 16 hours with still no CBA deal
- Luka Doncic turns trash talk into first 50-point game with the Lakers


