The twin crises at the heart of the government shutdown fight in Washington are coming to a head. The federal food assistance program is facing delays and uncertainty. Meanwhile, millions of Americans are set to see a dramatic rise in health insurance bills. The Trump administration’s plans to freeze payments to the Supplemental Nutrition Assistance Program have been halted by federal judges. But a delay in payouts will still likely leave millions of people short on their grocery bills. The shutdown is the second longest in history and entered its second month on Saturday, yet there's little urgency in Washington to end it.
AVONDALE, Ariz. (AP) — Kyle Busch bought what he thought was a safe life insurance plan that would provide self-funding income for his retirement.
Warren Buffett’s company’s profits improved 17% thanks to a relatively mild hurricane season and more paper investment gains this year as Berkshire Hathaway continues to prepare for the legendary 95-year-old investor to relinquish the CEO title in January. But last month’s $9.7 billion investment in OxyChem won’t do much to diminish the $381.7 billion cash pile that Berkshire was sitting on at the end of September even though it is the biggest deal the company has made in years. The biggest thing on most investors’ minds right now is that Buffett Vice Chair Greg Abel is set to succeed Buffett as CEO in January although Buffett will remain chairman
Ukrainian forces have hit a crucial fuel pipeline in the Moscow region that supplies the Russian army, according to Ukraine's military intelligence. The operation, carried out late Friday, targeted the Koltsevoy pipeline, which provides gasoline, diesel, and jet fuel to the Russian military. Meanwhile, Russia's Defense Ministry claims its forces have defeated Ukrainian special forces in the eastern city of Pokrovsk. Conflicting reports from both sides highlight ongoing battles in the region. Additionally, Russian strikes have killed a civilian and injured others in Ukraine's Mykolaiv region, as Moscow continues its attacks on Ukraine's energy infrastructure.
BISMARCK, N.D. (AP) — A multi-state carbon capture pipeline began operating in September, reducing emissions from Midwest ethanol plants and carrying that carbon dioxide gas to be forever buried underground in Wyoming — an achievement after years of complaints, lawsuits and legislation block…
As Mexican families prepare for Day of the Dead celebrations, altars are set up to welcome back loved ones under the belief that they return home for one night each Nov. 2. Among the offerings are sugar skulls known as “calaveritas,” which capture how Mexicans remember their dead with celebration rather than sorrow. In Mexico City, the Chavarría family has crafted these sweets for generations. They see their “calaveritas” not just as a seasonal trade but as a way to keep their ancestors’ memory alive.
A drone sighting at Berlin’s airport prompted flights to be suspended for nearly two hours. That's according to German news agency dpa. Air travel through the German capital returned to normal by Saturday morning. Flights were suspended between 8:08 p.m. and 9:58 p.m. on Friday night at Berlin Brandenburg Airport. The Tagesspiegel newspaper says police confirmed a witness' report of a drone sighting. Representatives for the airport and Brandenburg police did not immediately return requests for comment. Europe is on high alert after drone intrusions into NATO’s airspace reached an unprecedented scale in September.
Chinese leader Xi Jinping told Asia-Pacific leaders his country would help to defend global free trade as U.S. President Donald Trump snubbed an annual economic regional forum. Xi took center stage at the Asia-Pacific Economic Cooperation summit that began Friday in the South Korean city of Gyeongju, as Trump left the country a day before the summit opened after reaching some deals with Xi meant to ease their escalating trade war. This year's two-day APEC summit has been heavily overshadowed by the Trump-Xi meeting that was arranged on the sidelines.
The United States is experiencing a shortage of pennies after President Trump decided to stop their production earlier this year. Merchants across the country are struggling to provide exact change, and banks are rationing their remaining supply. Some retailers are even offering promotions to encourage customers to bring in pennies. The shortage began in late summer and is worsening as the holiday season approaches. While the government aims to save money by discontinuing the penny, the abrupt decision has left retailers and banks without guidance. A bill in Congress, the Common Cents Act, seeks to address some of the issues.
Japan and China's leaders met on the sidelines of the Asia-Pacific Economic Cooperation summit on Friday in Gyeongju, South Korea. Chinese President Xi Jinping welcomed the newly elected Japanese prime minister’s “new consensus” toward China.
Continued staffing shortages in air traffic control facilities are causing delays at airports as the government shutdown nears the one-month mark. Controllers have been working without pay since the shutdown began on Oct. 1, and Transportation Secretary Sean Duffy has been warning that travelers will see more flights delayed or canceled the longer they go without a paycheck. The Federal Aviation Administration reported staffing-related delays on Friday at airports in Boston, Nashville, Houston, Dallas, and Newark, New Jersey. Most controllers are continuing to work mandatory overtime six days a week during the shutdown. Duffy says that leaves little time for a side job to help cover bills, mortgage and other expenses unless controllers call out.
ARTESIA, N.M. (AP) — Emergency crews responded Friday to an explosion at an oil refinery in New Mexico as thick smoke emerged from the plant and drifted across parts of the city of Artesia before crews were able to extinguish the flames.
Officials say at least 15 JetBlue passengers were injured after a sudden drop in altitude forced an emergency landing in Florida. The Thursday flight from Cancun to Newark, New Jersey, was diverted to Tampa International Airport. The Federal Aviation Administration says the flight crew experienced “a flight control issue” and that it is investigating. A spokesperson for the local fire department said Friday that between 15 and 20 passengers were taken to local hospitals with non-life-threatening injuries. JetBlue says it has taken the Airbus A320 out of service for inspection and will investigate the cause.
FORT COLLINS, Colo (AP) — President Donald Trump's efforts to help the U.S. coal industry at home are being undermined by falling sales abroad amid his trade war with China, new government reports show.
YouTube TV viewers have lost access to Disney channels, including ABC and ESPN, after contract talks broke down. Other channels like the Disney Channel, FX, and Nat Geo have also disappeared. YouTube TV announced Thursday that Disney followed through on a threat to suspend its content during negotiations. YouTube claims Disney used the blackout threat to push for higher prices, benefiting its own streaming services like Hulu + Live TV and Fubo. YouTube TV expressed disappointment and urged Disney to work towards a fair agreement. Subscribers will receive a $20 credit if Disney content remains unavailable for a long time.
Amazon carried the U.S. stock market to the finish of another winning week and month. The S&P 500 rose 0.3% and pulled closer to its all-time high set on Tuesday. It closed out its third straight winning week and sixth straight winning month, its longest monthly winning streak since 2021. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite gained 0.6%. Amazon led the way after reporting a much bigger profit than analysts expected. That helped offset continued losses for Microsoft and Meta Platforms. Treasury yields eased in the bond market.
The recent escape of several research monkeys after the truck carrying them overturned on a Mississippi interstate is the latest glimpse into the secretive world of animal research. The escape is one of three in the U.S. over the past four years. Three monkeys remain missing since the truck crashed on Tuesday along Interstate 59 in Mississippi, spilling crates labeled “live monkeys.” Five of the 21 Rhesus macaques were killed during the search. Authorities haven't disclosed the company involved, or the monkeys' destination. Tulane University confirmed the monkeys had been housed at its research center, but said it did not own them.
Amazon carried the U.S. stock market to the finish of another winning week and month. The S&P 500 rose 0.3% and pulled closer to its all-time high set on Tuesday. It closed out its third straight winning week and sixth straight winning month, its longest monthly winning streak since 2021. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite gained 0.6%. Amazon led the way after reporting a much bigger profit than analysts expected. That helped offset continued losses for Microsoft and Meta Platforms. Treasury yields eased in the bond market.
NEW YORK (AP) — Disney content has gone dark on YouTube TV, leaving subscribers of the Google-owned live streaming platform without access to major networks like ESPN and ABC.
NEW YORK (AP) — Aside from a shared mop of wavy, dark hair, Miles Mitchell and Zander Dueve likely wouldn’t be mistaken for each other. Neither would Christian Conti and Spencer Delorenzo, or David Arkay, Vincent Panetta and Dempsey Bobbitt.
The U.S. Food and Drug Administration says drugmakers have recalled more than a half-million bottles of the blood pressure medication prazosin hydrochloride over concerns it may include a cancer-causing chemical. New Jersey-based Teva Pharmaceuticals USA issued a voluntary recall earlier this month for some lots of the capsules it sells. Doctors prescribe prazosin, which relaxes blood vessels, to help lower blood pressure. It also is sometimes prescribed for post-traumatic stress disorder. The FDA has given the drug a Class II risk classification because some of the recalled medication may have nitrosamine impurities that are considered potentially cancer causing.
Chinese leader Xi Jinping told Asia-Pacific leaders his country would help to defend global free trade as U.S. President Donald Trump snubbed an annual economic regional forum. Xi took center stage at the Asia-Pacific Economic Cooperation summit that began Friday in the South Korean city of Gyeongju, as Trump left the country a day before the summit opened after reaching some deals with Xi meant to ease their escalating trade war. This year’s two-day APEC summit has been heavily overshadowed by the Trump-Xi meeting that was arranged on the sidelines.
President Donald Trump says he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking. Meantime his treasury secretary says China has agreed to purchase 25 million metric tons of US soybeans annually as part of a Trump-Xi agreement. Trump's aggressive use of tariffs since returning to the White House for a second term combined with China's retaliatory limits on exports of rare earth elements gave the meeting newfound urgency. Trump told reporters he decided to reduce the current rate from 57% after the talks.
President Donald Trump described his face-to-face with Chinese leader Xi Jinping on Thursday as a roaring success, saying he would cut tariffs on China, while Beijing had agreed to allow the export of rare earth elements and start buying American soybeans.
NEW YORK (AP) — The United States is running out of pennies.
President Donald Trump's administration is restricting the number of refugees it admits into the country to 7,500 and they will mostly be white South Africans. That’s a dramatic drop after the U.S. previously allowed in hundreds of thousands of people fleeing war and persecution from around the world. The administration published the news Thursday in a notice on the Federal Registry. No reason was given for the numbers. They are a dramatic decrease from last year’s ceiling set under the Biden administration of 125,000. The memo said only that the admission of the 7,500 refugees was “justified by humanitarian concerns or is otherwise in the national interest.”
Two prominent Republicans are urging the Supreme Court to allow a lawsuit against Cisco. The lawsuit claims Cisco's technology was used to persecute Falun Gong members in China. Representatives Christopher Smith and John Moolenaar have asked the Trump administration’s top Supreme Court litigator to support the case going to trial. The Supreme Court will decide whether U.S. law permits the suit. The case questions if American companies can be held liable for aiding human rights violations abroad. If successful, it could set a precedent for holding companies accountable for the misuse of their technologies overseas.
The U.S. stock market sank from record heights as Wall Street sifted through mixed developments on everything from the U.S.-China trade war to profits for Big Tech behemoths. The S&P 500 fell 1% Thursday and edged further from its all-time high set on Tuesday. The Dow Jones Industrial Average slipped 0.2%, and the Nasdaq composite dropped 1.6% from its record set the day before. President Donald Trump hailed his much-anticipated talk with China’s leader, Xi Jinping, but major tensions remain between the world's two largest economies. On Wall Street, Meta Platforms and Microsoft sank, while Alphabet climbed following its profit report.
The U.S. stock market sank from record heights as Wall Street sifted through mixed developments on everything from the U.S.-China trade war to profits for Big Tech behemoths. The S&P 500 fell 1% Thursday and edged further from its all-time high set on Tuesday. The Dow Jones Industrial Average slipped 0.2%, and the Nasdaq composite dropped 1.6% from its record set the day before. President Donald Trump hailed his much-anticipated talk with China’s leader, Xi Jinping, but major tensions remain between the world’s two largest economies. On Wall Street, Meta Platforms and Microsoft sank, while Alphabet climbed following its profit report.
Amazon reports strong earnings and sales for 3Q, helped by computing arm and strong customer spending.
China’s promise to delay its newest restrictions on the export of the rare earths that are crucial to many high-tech products for one year as part of a trade agreement creates an opportunity for the U.S. and its allies. But it will be hard for the West to undercut China’s stranglehold on the market. The restrictions China imposed on rare earths this year have been a key issue in the trade talks. The White House has made it a priority to reinvigorate the domestic critical minerals industry while also seeking supplies from allies like Australia. Colorado School of Mines professor Ian Lange said he thinks significant progress can be made in a year’s time to lessen China’s dominance of the rare earths market.
Mark Walter is the majority owner of the Los Angeles Lakers after the NBA Board of Governors approved his purchase of a controlling stake from the Buss family. The Lakers and the league confirmed the next step Thursday in a transaction that is expected to close shortly. The sale of the NBA’s most valuable franchise was initially announced in June. Jeanie Buss will remain the Lakers’ governor under the deal for at least the next five years, and she will oversee day-to-day operations “for the foreseeable future,” the team said.
LONDON (AP) — The World Anti-Doping Agency confirmed on Thursday it is looking into a leak about an investigation that resulted in the agency clearing 23 Chinese swimmers who tested positive for a banned heart medication before the Tokyo Olympics in 2021.
World Athletics says its own employees stole about $1.75 million as part of a “systematic theft” scheme that lasted several years.
BANGKOK (AP) — U.S. President Donald Trump said he had an “amazing” meeting Thursday with China’s top leader Xi Jinping that produced very important decisions. The first official Chinese comments on the meeting were less specific and suggested any trade deal is not done.
Even while warning about national security and human rights abuse, the U.S. government across five Republican and Democratic administrations has repeatedly allowed and even actively helped American firms to sell technology to Chinese police, government and surveillance companies, an Associated Press investigation has found. And time after time, despite bipartisan attempts, Congress has turned a blind eye to loopholes that allow China to work around its own rules, such as cloud services, third-party resellers, and holes in sanctions passed after the Tiananmen massacre. This reluctance to act reflects the tremendous wealth and power of the tech industry, which is more visible than ever under the Trump administration.
INDIANAPOLIS (AP) — Most of former Indianapolis Colts owner Jim Irsay's prized memorabilia is scheduled to be auctioned off in March, Irsay's daughters announced Thursday.
Mark Walter finalizes his purchase of a majority stake in the Los Angeles Lakers.
FORT LAUDERDALE, Fla. (AP) — Basketball players who frequent a South Florida park feel like they’re being run off in favor of wealthy residents of a new luxury development.
GENEVA (AP) — Budweiser brewer AB InBev is set to end Heineken’s three-decade-long run as the official beer sponsor of soccer’s Champions League in a statement deal for the competition’s new global sales agent Relevent.
Researchers at Worcester Polytechnic Institute are developing tiny drones inspired by bats for search and rescue missions. The aerial robots use echolocation, like bats, to navigate in dark and challenging conditions. Assistant professor Nitin Sanket and his team aim to create small, affordable, and energy-efficient drones that can operate where and when current drones can't. While drones are becoming more common in search and rescue, Sanket and researchers elsewhere want to move beyond the manually operated individual robots being used today. They're exploring how to create autonomous drones that can be deployed in swarms.
A lot of Japanese have been glued to their computers or TV sets recently, cheering for Shohei Ohtani in the World Series. Hideyuki Kamimura, who heads a dental clinic in a town north of Tokyo, one of the fans, hasn’t given up. For fans, Ohtani has been just about perfect — delivering home run after home run, pitching great, even stealing, and handsome, as well as having a great personality, like humbly picking up garbage at the games. No wonder Ohtani is popping up in endorsements, seemingly everywhere one turns in Tokyo, from Seiko watches and bottled water to cosmetics.
President Donald Trump says he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking. Meantime his treasury secretary says China has agreed to purchase 25 million metric tons of US soybeans annually as part of a Trump-Xi agreement. Trump's aggressive use of tariffs since returning to the White House for a second term combined with China’s retaliatory limits on exports of rare earth elements gave the meeting newfound urgency. Trump told reporters he decided to reduce the current rate from 57% after the talks.
Judges around the world are seeing error-riddled legal briefs that were generated with the help of artificial intelligence. A data scientist and lawyer has catalogued at least 490 filings in the past six months that contained false or misleading information from AI responses. His database is a cautionary tale for people learning to use AI tools at work. With many employers wanting workers to employ the technology, it's not just the legal profession that needs to be aware of the possible foibles. Legal and workplace experts suggest treating AI as an assistant whose work needs to be checked. They say users also need to be aware of privacy concerns.
Treasury Secretary Scott Bessent says China has agreed to purchase 25 million metric tons of U.S. soybeans annually as part of an agreement reached by its leaders. He said Thursday that China will start by purchasing 12 million metric tons of soybeans from the U.S. between now and January. On Fox Business Network, the secretary said the agreement lasts for three years.
US says China has agreed to purchase 25 million metric tons of US soybeans annually as part of Trump-Xi agreement.
The European Central Bank leaves key interest rate unchanged with businesses weathering higher US tariffs.
NEW YORK (AP) — Seven people have been arrested in the investigation of a stunning heist at the Louvre Museum in Paris, but the lavish, stolen jewels that once adorned France's royals are still missing.
China's Commerce Ministry says Beijing will work with the Trump administration to resolve issues related to TokTok's ownership. The ministry made the announcement Thursday after President Donald Trump met with Chinese leader Xi Jinping. The Trump administration had been signaling that it might have reached a deal with China to keep TikTok running in the U.S. But no deal was announced, though Trump said after meeting Xi in South Korea that he had an “amazing” meeting that produced an “outstanding group of decisions.” An agreement would end months of uncertainty about the fate of the popular video-sharing platform in the U.S.
DETROIT (AP) — Making electric vehicles and their batteries is a dirty process that uses a lot of energy. But a new study says that EVs quickly make up for that with less overall emissions through two years of use than a gas-powered vehicle.
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