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US stocks rise after encouraging economic updates and an easing of oil prices

NEW YORK (AP) — The U.S. stock market is recovering Wednesday from two days of punishing swings after oil prices stopped spiking and reports gave encouraging updates on the economy.

The S&P 500 rose 0.7% in morning trading and is on track to claw back the majority of its loss since the war with Iran began. The Dow Jones Industrial Average was up 232 points, or 0.5%, as of 10:50 a.m. Eastern time, and the Nasdaq composite was 1.2% higher.

The strength followed a scary start to Wednesday, when South Korea’s Kospi stock index plunged 12.1% for its worst day in history... Read More

Sri Lanka recovers 87 bodies from Iranian warship sunk off its coast by a US submarine

GALLE, Sri Lanka (AP) — A torpedo fired by a U.S. submarine sank an Iranian warship off the coast of Sri Lanka, whose navy said Wednesday it recovered 87 bodies and rescued 32 people.

The Iranian vessel sunk in the Indian Ocean was the Islamic Republic’s “prize ship,” U.S. Defense Secretary Pete Hegseth said. It was one of the few instances of a submarine sinking a ship since World War II.

The sinking of the IRIS Dena illustrates a U.S.-Israeli military operation against Iran's military that is stretching beyond its borders. U.S. President Donald Trump has said... Read More

Sprawling investigation finds decades of sexual abuse among Catholic priests in Rhode Island

PROVIDENCE, R.I. (AP) — Catholic priests in Rhode Island preyed on hundreds of children for decades, getting away with sexual abuse largely due to a system where bishops prioritized minimizing scandal as the diocese maintained a secret archive to conceal the revelation of more victims.

These findings were among the many sobering details released Wednesday as part of a multiyear investigation into the Catholic Diocese of Providence, Rhode Island, led by Attorney General Peter Neronha.

The report was designed to spark a “full reckoning” of the abuse that had long... Read More

The sea is higher than we thought and millions more are at risk, study finds

Climate change's rising seas may threaten tens of millions more people than scientists and government planners originally thought because of mistaken research assumptions on how high coastal waters already are, a new study said.

Researchers studied hundreds of scientific studies and hazard assessments, calculating that about 90% of them underestimated baseline coastal water heights by an average of 1 foot (30 centimeters), according to Wednesday's study in the journal Nature. It's a far more frequent problem in the Global South, the Pacific and Southeast Asia, and less so in... Read More

Governments scramble to bring citizens home during travel chaos caused by war in the Middle East

PARIS (AP) — Governments across the world scrambled to organize the return of their citizens from the Middle East on Wednesday and air traffic seemed to be picking up slightly as travel across the region remained heavily disrupted by the widening war in the region.

The first flight repatriating French citizens stranded in the Middle East landed in Paris early Wednesday as French authorities booked about 100 seats onboard for vulnerable people on a priority list, said Eleonore Caroit, the minister responsible for French Nationals Abroad.

Students also returned to Milan... Read More

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US stocks rise after encouraging economic updates and an easing of oil prices

Sri Lanka recovers 87 bodies from Iranian warship sunk off its coast by a US submarine

Sprawling investigation finds decades of sexual abuse among Catholic priests in Rhode Island

The sea is higher than we thought and millions more are at risk, study finds

Governments scramble to bring citizens home during travel chaos caused by war in the Middle East

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