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Wall Street drifts at the start of a week that could swing stocks and bonds

AP News NEW YORK (AP) — U.S. stocks drifted to a mixed finish as the countdown ticks toward potentially market-moving events coming later in the week. The S&P 500 slipped 0.3% Monday and pulled further from its record set earlier this month. The Dow Jones Industrial Average added 0.3%, and the Nasdaq composite fell 0.8%. Yields eased in the bond market after oil prices dropped. Investors are waiting for Nvidia’s profit report coming Wednesday, which could shed light on how strong the AI boom remains. On Friday, Federal Reserve Chairman Kevin Warsh will give a speech as pressure rises on him to... Read More

California Supreme Court hears arguments over sheriff's seizure of ballots

AP News SAN FRANCISCO (AP) — The California Supreme Court is weighing whether a Southern California sheriff who seized election ballots must return them to county election officials.

The high court heard oral arguments Monday regarding Riverside County Sheriff Chad Bianco’s seizure of approximately 650,000 ballots from a November 2025 special election on redistricting. The measure passed in the county by roughly 80,000 votes.

Bianco in March seized 1,000 boxes of election materials to investigate a complaint from a local citizens group that the count was off — though not...
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Roger Federer is coming back to play at the US Open, but not interested in coming back to pro tennis

AP News NEW YORK (AP) — Roger Federer is actually nervous about his tennis.

The man who won five straight U.S. Open championships during the height of his dominance of the sport is set to play again in Arthur Ashe Stadium on Tuesday night for the first time since 2019. And he's not quite sure how the game that perhaps nobody ever made look more elegant will appear now.

“I haven’t played a singles set in, I don’t know, (Hubert) Hurkacz at Wimbledon maybe, so it’s been five years,” Federer said Monday, referring to his 2021 quarterfinal loss in his last Grand Slam...
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Taiwan charges 9 over illegal AI server exports to China, including Nvidia and Super Micro staff

AP News TAIPEI, Taiwan (AP) — Taiwanese prosecutors charged nine people Monday, including one from Nvidia and two from Super Micro, for illegally exporting “high-end AI servers” to mainland China, adding another wave of turbulence in the AI ​​rivalry between China and the United States.

AI infrastructure, including advanced semiconductors mostly made in Taiwan, has become a key point of competition between the U.S. and China. Washington began imposing restrictions on Nvidia’s exports of advanced chips to China in 2022 and tightened them in subsequent years. In April 2025, the...
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The Latest: Bessent warns the world to cut financial ties to Iran or face US retaliation

AP News Treasury Secretary Scott Bessent said Monday that new U.S. secondary sanctions in the pipeline aim to block all potential sources of revenue for Iran, telling nations to cut economic ties to Tehran or face U.S. retaliation. Tehran has withstood nearly five decades of punishing American sanctions. Ahead of the announcement, Iran’s currency hit a record low, dropping to 2.02 million to the U.S. dollar as trading opened on currency markets.

President Donald Trump threatened on Monday to impose a 50% tariff on Canadian automobiles, car parts and steel starting next year as the trade...
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Top Stories

  • Wall Street drifts at the start of a week that could swing stocks and bonds
  • Iran warns of a harsh as US announces new sanctions and other Middle East news
  • Economists don't expect reopening the US to Mexican cattle imports to reduce high beef prices
  • Newsom returns to a defining California fight: Who pays for wildfire damage?
  • Bessent says new US sanctions aim to block all potential sources of revenue for Iran
  • Firefighters are trying to stop a fast-moving Nevada wildfire from spreading to homes in Reno
  • US strikes a vessel in the eastern Pacific, killing 2 people in first attack in months
  • European leaders mark Ukraine’s 35th Independence Day as Russian invasion pushes on
  • Prince Harry to leave board of African Parks conservation nonprofit
  • US and Canada fall deeper into a trade war with new tariffs as talks collapse and blame is spread

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Entertainment

  • Venice Film Festival adds Gaza doc ‘NAZA' to competition lineup
  • Boston Symphony Orchestra and musicians extend contract for 48 hours, a sign they may avert strike
  • Shelley Fabares, 'Johnny Angel' singer and actor in ‘The Donna Reed Show’ and ‘Coach,’ dies at 82
  • ‘Spider-Man’ tops box office in fourth weekend; ‘The Odyssey’ becomes Nolan’s highest-grossing film

Sports

  • Roger Federer is coming back to play at the US Open, but not interested in coming back to pro tennis
  • As Chase’s top seed, Denny Hamlin is optimistic about NASCAR title bid against surging Team Penske
  • Deshaun Watson named Cleveland Browns starting quarterback over Shedeur Sanders
  • Playoff race tightens as the WNBA nears the World Cup break
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