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Stocks waver and oil prices hold steady ahead of planned US-Iran talks
NEW YORK (AP) — Stocks wavered on Wall Street Friday and oil prices held steady amid a shaky ceasefire agreement between the U.S. and Iran.The S&P 500 rose 0.2% in morning trading and is heading for a second consecutive winning week. The Dow Jones Industrial Average fell 106 points, or 0.3%, as of 10:43 a.m. Eastern. The Nasdaq composite rose 0.6%.
Major indexes have been gaining ground over the last two weeks amid optimism that the war with Iran could be heading toward a resolution. The market is still prone to big swings on developments around the war.
AP Exclusive: Trump administration admits a glaring error in its New York health fraud accusations
NEW YORK (AP) — President Donald Trump's administration this week acknowledged it made a significant error in figures it used to help justify a fraud probe into New York’s Medicaid program, a glaring mistake that undercuts a federal campaign to tackle waste, mostly in Democratic-led states.The error, which the administration admitted first to The Associated Press, prompted health analysts to question how many of the Republican administration’s sweeping anti-fraud efforts around the country were based on faulty findings. One of a few mischaracterizations it made about New... Read More
'Euphoria,' returning for a third season, launched a generation of new stars
Few TV shows have served as a launchpad for an array of new talent quite like “Euphoria,” which returns for a third season Sunday on HBO Max.Premiering in 2019, this is the series that showcased the rising careers of Zendaya, Jacob Elordi and Sydney Sweeney — all of whom have since become bona fide stars.
The dark suburban teen drama has also featured more established figures like Colman Domingo, who has received two best actor Oscar nominations in the last few years, and the late Eric Dane. And it’s given visibility and recognition to other actors: Hunter... Read More
Picture this: A raffle offers a Picasso for 100 euros to fund Alzheimerâs research
PARIS (AP) — Are you feeling lucky? A raffle in France is offering the chance to win a portrait by Pablo Picasso for the price of a 100-euro ($117) ticket, with proceeds going to Alzheimer’s research.The draw is on Tuesday at Christie's auction house in Paris.
The inaugural “1 Picasso for 100 euros” raffle, in 2013, saw a fire-sprinkler worker in Pennsylvania win “Man in the Opera Hat,” which the Spanish master painted in 1914 during his Cubist period.
A second Picasso, the oil-on-canvas “Nature Morte,” was raffled off in 2020 and made a very... Read More
Soaring gas prices lead to biggest monthly inflation spike in four years
WASHINGTON (AP) — The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges for the inflation-fighters at the Federal Reserve and heightening the political hurdles for the White House.Consumer prices rose 3.3% in March from a year earlier, the Labor Department said Friday, up sharply from just 2.4% in February and the biggest yearly increase since May 2024. On a monthly basis, prices rose 0.9% in March from February, the largest such increase in nearly four years.
It’s the first read on inflation to... Read More
Top Stories
- Stocks waver and oil prices hold steady ahead of planned US-Iran talks
- Soaring gas prices lead to biggest monthly inflation spike in four years
- Vance warns Iran not to 'play' the US as he departs for negotiations aimed at ending their war
- US and Iran prepare for ceasefire talks as Netanyahu authorizes negotiations with Lebanon
- Gaza marks 6 months of a ceasefire that may offer lessons for the Iran war
- By the numbers: US thrashed military targets in Iran, but some capabilities remain
- McIlroy atop Masters leaderboard again, while DeChambeau and Rahm will have to fight to make the cut
- Man who killed a deputy serving an eviction notice was run over, California sheriff says
- Zelenskyy says Ukrainian forces shot down Shahed drones in Middle Eastern countries during Iran war
- Taiwan's opposition leader meets China's Xi Jinping as both sides call for peace
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Entertainment
- 'Euphoria,' returning for a third season, launched a generation of new stars
- Picture this: A raffle offers a Picasso for 100 euros to fund Alzheimerâs research
- PEN America launches a US safety program for authors facing harassment
- Talk back: Tech deal promotes conversations between journalists and those who follow their stories
Sports
- Masters gnomes a hot commodity at Augusta National amid speculation this is final year of production
- Jayson Tatum makes a strong return to Madison Square Garden, site of his injury in the playoffs
- Islanders' Matthew Schaefer ties Brian Leetch's NHL record for goals by a rookie defenseman
- Pittsburgh Penguins clinch a playoff spot, ending their 3-year drought