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Wall Street rallies within 0.4% of its record after oil prices and bond yields ease
NEW YORK (AP) — Wall Street climbed to the edge of its all-time high, and stocks rallied worldwide after oil prices and yields in the bond market surrendered their market-rattling gains from last week. The S&P 500 jumped 1.5% Monday and pulled within 0.4% of its record. The Dow Jones Industrial Average added 0.7%, and the Nasdaq composite climbed 2.3% as chip stocks led the way. Stocks benefited from a drop for Brent oil back toward $100 per barrel, while the 10-year Treasury yield fell to 4.95%. The easing pressure helped indexes rise more than 1% from Germany to Hong Kong to South...
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Flights are disrupted across the US Northeast due to technical problems at a key air traffic center
Hundreds of flights were canceled in the U.S. Northeast due to technical problems at a key regional air traffic control center, as every major airport in the New York City area ground to a halt for several hours Monday just as numerous foreign leaders were flying to the United Nations General Assembly.However, President Donald Trump's flight from Washington to New York was able to depart as scheduled.
The technical problems happened at the same Federal Aviation Administration facility in Philadelphia that caused numerous disruptions at Newark Liberty International... Read More
Operator of 314 Wendy's locations in the US files for bankruptcy protection
One of the largest U.S. franchisees for Wendy's has filed for bankruptcy protection after the restaurant chain tried to terminate its franchise agreement.Meritage Hospitality Group, which operates 314 Wendy’s restaurants in 15 states, said in a statement last week it intends to keep operating its restaurants and paying its 9,000 employees during the bankruptcy process.
Grand Rapids, Michigan-based Meritage filed its bankruptcy petition in federal court in western Michigan on Sept. 17. According to court documents, Wendy’s filed a notice of termination of the... Read More
Trump inaugurates new White House helipad, but networks skip coverage during First Amendment fight
WASHINGTON (AP) — President Donald Trump showed off his new White House helicopter landing pad on Monday, attempting to brush aside a First Amendment firestorm even as major television networks kept their cameras away in protest of CNN being banned from the grounds.A light drizzle fell on the South Lawn as Trump used oversized gold scissors to cut a red, white and blue ribbon. He then exchanged handshakes with officials and with some members of a construction crew wearing green smocks and hardhats — seeking to portray business as usual.
If he had words to mark the... Read More
Lawyer says prosecutors haven't offered details of teen's alleged ties to San Diego mosque shooters
WINSTON-SALEM, N.C. (AP) — The attorney for a North Carolina girl accused of helping two teens who carried out a deadly attack on a San Diego mosque says prosecutors haven’t provided enough information to allow him to defend his client.Sarah Santiago, 17, is charged as an adult with three counts of murder by aiding and abetting and one count of conspiracy. Prosecutors say she helped California teens Cain Clark and Caleb Vazquez, who shot and killed three people at the Islamic Center of San Diego on May 18 before killing themselves.
Prosecutors in North Carolina... Read More
Top Stories
- UK to offer Saudi Arabia aerial refueling to counter Houthi attacks
- Man shot by ICE officer is detained in Texas with a bullet still in his back, attorney says
- Wall Street rallies within 0.4% of its record after oil prices and bond yields ease
- Flights are disrupted across the US Northeast due to technical problems at a key air traffic center
- Federal Reserve official says fighting inflation likely to be 'painful'
- States settle lawsuit over Paramount-Warner merger, clearing key hurdle for $81 billion deal
- CNN, MS NOW, Politico sue over denied White House access, citing First Amendment
- Jury convicts Vermont man of attempted murder in shooting of 3 Palestinian students
- World leaders in New York to grapple with climate. Fuel prices, AI and disasters complicate things
- AP Exclusive: ICE hides locations of thousands of detainees with final removal orders
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Stocks
Entertainment
- Presley Gerber, son of Cindy Crawford and model, dies at 27
- CNN, MS NOW, Politico sue over denied White House access, citing First Amendment
- States settle lawsuit over Paramount-Warner merger, clearing key hurdle for $81 billion deal
- NBC's 'Line of Fire' is what happens when you combine a procedural TV show with a soap opera
Sports
- The latest on MLB postseason clinches, Ohtani and Judge health updates, awards races and more
- Kyler Murray will return at QB for the Vikings this week after clearing the concussion protocol
- Insisting that his coaching career is over, Doc Rivers joins NBC as an NBA analyst
- Kyle Larson, Joey Logano climbing in NASCAR Chase with pressure mounting on Ryan Blaney