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Oil surges to its highest price since 2023, and stocks drop after data shows a weaker US job market

AP News NEW YORK (AP) — Oil shot to its highest price since 2023 after surging again because of the Iran war, and a weak update on the U.S. job market knocked stocks lower to cap Wall Street’s worst week since October. The S&P 500 dropped 1.3% Friday. The Dow Jones Industrial Average plunged as many as 945 points before finishing with a loss of roughly 450, and the Nasdaq composite sank 1.6%. The combination of a weak economy and high inflation is a worst-case scenario for investors because the Federal Reserve has no good tool to fix both problems at the same time.

THIS IS A BREAKING...
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Kennedy Center exodus continues as National Symphony director Jean Davidson heads to the Wallis

AP News NEW YORK (AP) — The executive director of the National Symphony Orchestra, a mainstay at the Kennedy Center, is leaving to head the Los Angeles-based Wallis Annenberg Center for the Performing Arts. It's the latest departure from the Kennedy Center since President Donald Trump began asserting control over the storied performing arts venue in Washington.

The Wallis announced Friday that Jean Davidson had been appointed executive director and CEO. Before joining the Kennedy Center in 2023, Davidson had served for eight years as executive director and CEO of the Los Angeles Master...
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Wings star Arike Ogunbowale arrested at Miami nightclub after Unrivaled championship win

AP News MIAMI (AP) — Dallas Wings star Arike Ogunbowale was arrested and charged with misdemeanor battery after she allegedly punched a man in the face at a Miami nightclub, according to Miami-Dade County police records.

A four-time WNBA All-Star, Ogunbowale was celebrating early Thursday at the club E11EVEN after winning the Unrivaled championship with the Mist that night. Police say Ogunbowale punched the man in the face, knocking him to the ground, and that security cameras captured the act.

Ogunbowale scored 19 points in the title game against the Phantom.

The...
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Former President Barack Obama speaks during final public tribute to the late Rev. Jesse Jackson

AP News CHICAGO (AP) — From former presidents to an NBA Hall of Famer to prominent church pastors, stories of the Rev. Jesse Jackson Sr.’s influence on politics, corporate boardrooms and picket lines loomed large Friday at a celebration honoring the late civil rights leader.

Thousands of people gathered at a church on Chicago's South Side to pay a final public tribute to Jackson.

Barack Obama said Jackson's presidential runs in the 1980s set the stage for other Black leaders, including his own successful 2009 presidency and re-election.

“The message he sent to...
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Storms rip through Oklahoma as even more intense weather is possible Friday across the central US

AP News Thunderstorms ripped across Oklahoma prairies Thursday night as severe weather was expected to intensify Friday and bring the threat of powerful tornadoes to multiple states in the nation's heartland.

Powerful storms were forming Friday afternoon from North Texas all the way to Michigan, where a tornado warning was issued southwest of Kalamazoo. There were no immediate reports of any tornado on the ground.

In an eerie scene captured on video Thursday, a first responder drove straight at a storm near the western Oklahoma town of Fairview, where flashes of lightning...
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Top Stories

  • Islanders getting Brayden Schenn as new buyers and sellers emerge at the NHL trade deadline
  • Oil surges to its highest price since 2023, and stocks drop after data shows a weaker US job market
  • Former President Barack Obama speaks during final public tribute to the late Rev. Jesse Jackson
  • Fired Michigan football coach Sherrone Moore reaches plea deal to resolve home invasion case
  • Russia has provided Iran with information that can help Tehran strike US military, AP sources say
  • Spacecraft's impact changed asteroid's orbit around the sun in a save-the-Earth test, study finds
  • Americans stuck in the Middle East recount finding their way home with little government help
  • The US lost a surprising 92,000 jobs last month as the unemployment rate ticked up to 4.4%
  • Islamic militants abduct more than 300 people in northeastern Nigeria, officials say
  • Shohei Ohtani hits a grand slam at the World Baseball Classic after putting on a show in BP

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Entertainment

  • Kennedy Center exodus continues as National Symphony director Jean Davidson heads to the Wallis
  • Judge weighs New York Times bid to block policy limiting journalists' access to Pentagon
  • Before his return to the Oscars, Yorgos Lanthimos finds a still moment in Athens
  • Good dad intentions are at the heart of Steve Carell's new series 'Rooster'

Sports

  • Arike Ogunbowale arrested after police say she punched man at club while celebrating Unrivaled title
  • Russian flag returns as Milan Cortina Winter Paralympics open amid Middle East war and boycott
  • Islanders getting Brayden Schenn as new buyers and sellers emerge at the NHL trade deadline
  • Celtics star Jayson Tatum's status upgraded to available, clearing way for season debut vs. Dallas
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