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Oil prices jump back up near $100 a barrel on skepticism over fragile US-Iran ceasefire
Oil prices skipped higher early Thursday and Wall Street veered toward modest losses on skepticism over a fragile and muddled ceasefire deal between the U.S. and Iran.Futures for the S&P 500 and Nasdaq each slid 0.4% before the opening bell, while futures for the Dow Jones Industrial Average dipped 0.5%.
The declines came one day after all three indices gained between 2.5% and 3% following U.S. President Donald Trump's announcement of a two-week ceasefire with Iran late Tuesday.
Doubts about the durability of the ceasefire arose just hours after the... Read More
Films by Almodovar, Pawlikowski and Hamaguchi lead an auteur-heavy Cannes Film Festival lineup
New films by Polish filmmaker Paweł Pawlikowski, Japanese writer-director Ryusuke Hamaguchi and Spain’s Pedro Almodovar will premiere at the 79th Cannes Film Festival next month.Organizers for the South of France festival, which runs May 12-23, laid out a lineup heavy on big-name international auteurs at a news conference Thursday in Paris.
Cannes’ most sought-after slots are in its competition lineup. This year, 21 films will vie for the Palme d’Or. That includes “Fatherland,” a Cold War drama starring Sandra Hüller by Pawlikowski (“Ida,” “Cold... Read More
Travelers face higher costs and fewer flight options as jet fuel prices swing
A new reality is setting in for travelers worldwide: rising fees, fewer flight options and difficult decisions about whether a trip is worth the cost.The culprit is volatile oil and jet fuel prices, which have spiked sharply since the war in the Middle East began and fighting near the narrow Strait of Hormuz created a chokepoint for global oil supplies.
“Volatility is the real story here,” said Shye Gilad, a former airline captain who now teaches at Georgetown University's business school. “Right now, the airlines are trying to make bets on what they think will... Read More
Democrats grow bolder on talk about removing Trump from office after his Iran threats
WASHINGTON (AP) — President Donald Trump’s threats to wipe out Iran, “a whole civilization,” ended the restraint that Democrats have mostly practiced when it comes to questions of removing him from office in his second term.By the dozens, Democrats came out to say that Trump should no longer serve in the White House, either through the impeachment process or the 25th Amendment, which allows the vice president and the Cabinet to declare that a president is no longer able to perform the job.
While Trump eventually pulled back on his threat and agreed to a... Read More
Trump's Iran war widens rift with European nationalists once viewed as MAGA allies
BUDAPEST, Hungary (AP) — When President Donald Trump returned to the White House last year, he was eager to pick up where he left off by strengthening ties with Europe's right wing. But now many of those same factions are expressing open revulsion at the Iran war, rupturing relationships that were supposed to usher in a new international order.Although Vice President JD Vance campaigned for Hungarian Prime Minister Viktor Orbán this week, such a display has become the exception rather than the rule among conservatives and far-right leaders in Europe.
Italian Premier... Read More
Top Stories
- Oil prices jump back up near $100 a barrel on skepticism over fragile US-Iran ceasefire
- Democrats grow bolder on talk about removing Trump from office after his Iran threats
- Trump's Iran war widens rift with European nationalists once viewed as MAGA allies
- UK and Norway led a military operation to deter Russian submarines in the North Atlantic
- Ceasefire in the Iran war teeters in the face of disagreements over Lebanon and the Strait of Hormuz
- Scheffler, McIlroy, DeChambeau lead star-studded field at Masters
- At least 182 killed as Israel strikes central Beirut after saying Iran truce doesn't apply there
- Russia's internet crackdown leads to a spring of growing discontent
- Hawaii doctor accused of trying to kill his wife convicted of attempted manslaughter
- Democratic presidential prospects flock to New York to court activists at Al Sharpton's conference
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Entertainment
- Films by Almodovar, Pawlikowski and Hamaguchi lead an auteur-heavy Cannes Film Festival lineup
- Thousands of fans gather as BTS launches world tour in South Korea
- Vilma Jää Brings herding calls and mocking songs to Met Operaâs production of 'Innocence'
- Sean 'Diddy' Combs' lawyers appeal his conviction with First Amendment argument
Sports
- Connor McDavid nets hat trick on 5-point night as Oilers surge into first place in Pacific Division
- Connor McDavid's hat trick leads the Oilers to a 5-2 win over the Sharks
- Iranian American soccer fans are torn between pride and protest as the World Cup nears
- NCAA committee to discuss streamlined, age-based eligibility rules, AP sources say