Month: June 2023

By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks rose Tuesday after a cooler reading on inflation cemented Wall Street’s bets for the Federal Reserve to hold off on hiking interest rates this week. The S&P 500 was 0.7% higher in afternoon trading, ticking further into heights it hasn’t touched since April 2022.

NEW DELHI (AP) — India’s National Center for Seismology says a 5.4 magnitude earthquake struck the eastern India-controlled Kashmir region sending tremors throughout New Delhi and parts of northern India. The quake on Tuesday had its epicenter in Doda, a small town in Indian-controlled Jammu and Kashmir. It was at a depth of 6 kilometers

By JIM GOMEZ AND JOEAL CALUPITAN Associated Press SANTO DOMINGO, Philippines (AP) — Truckloads of villagers on Tuesday fled Philippine communities close to the erupting Mayon Volcano, traumatized by the sight of red-hot lava flowing down its crater and fearful of sporadic blasts of ash. Nearly 15,000 people have left the mostly poor farming communities

By DUSAN STOJANOVIC Associated Press SOMBOR, Serbia (AP) — It was barely dawn when Nikola Jokic’s hardcore fans in his Serbian hometown of Sombor chanted “MVP! MVP!” and celebrated the Denver Nuggets’ first NBA title. Denver trailed the Miami Heat at halftime of Game 5 but rallied to win 94-89, with two-time league MVP Jokic

By LAURIE KELLMAN Associated Press JERUSALEM (AP) — A leading rights group says the World Bank and Jordan are using a “flawed” algorithm to calculate aid for the kingdom, excludes some people who are impoverished, hungry or otherwise struggling. The report by Human Rights Watch released Tuesday says the automated program profiles and ranks the

By ZEN SOO Associated Press HONG KONG (AP) — Hong Kong police have arrested a man who allegedly spray-painted graffiti on the wall and gate of the U.S. Consulate. Photos from local media showed the English word “hegemony” and the Chinese words for “double standards” painted in white on the gate and wall. The protest

By JILL LAWLESS and BRIAN MELLEY Associated Press LONDON (AP) — British police say a knife-wielding assailant stabbed two college students to death in the streets of Nottingham and then fatally stabbed a middle-aged man, stole his van and ran down three pedestrians in a shocking early morning rampage. Police say a 31-year-old man was

By SIBI ARASU and MUNIR AHMED Associated Press BENGALURU, India (AP) — Pakistan’s army and civil authorities are planning to evacuate 80,000 people to safety along the country’s southern coast, and thousands in neighboring India sought shelter ahead of Cyclone Biparjoy, officials said Tuesday. The cyclone is forecast to slam ashore in the densely populated

BERLIN (AP) — The Austrian Foreign Ministry says an Austrian man is being held in Afghanistan after he traveled to the country earlier this year. The ministry confirmed in an emailed response to a query about the case that the man went to Afghanistan in May and was arrested there. It noted that Austria has

By KIRSTEN GRIESHABER Associated Press MUNICH (AP) — Matthias Weniger put on a pair of white cloth gloves and carefully lifted a tarnished silver candleholder, looking for a yellowed sticker on the bottom of it. The candlestick is one of 111 silver objects at the Bavarian National Museum that the Nazis stole from Jewish families

By SAM MEDNICK Associated Press KOWACH, South Sudan (AP) — Martha Nyanguour didn’t have time to bury her husband, son or granddaughter when they were killed by gunfire in September. Instead, the 50-year-old paid her respects by throwing bits of grass over their bodies, grabbed her remaining children and fled. It had taken years for

By KEN SWEET AP Business Writer NEW YORK (AP) — Check fraud is back in a big way, fueled by a rise in organized crime that is forcing small businesses and individuals to take additional safety measures or to avoid sending checks through the mail altogether. Banks issued roughly 680,000 reports of check fraud to

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets were mostly higher Tuesday ahead of a U.S. inflation update and a Federal Reserve decision on another possible interest rate hike. Shanghai declined while Tokyo and Hong Kong advanced. Oil prices rebounded from Monday’s plunge. Wall Street’s benchmark S&P 500 index rose 0.9%

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Toyota says it plans to make an all solid-state battery as part of ambitious plans for battery electric vehicles, amid mounting criticism Japan’s top automaker needs to do more to fight climate change. Toyota said on Tuesday it is aiming for a commercial next-generation battery as

DORSET, Vt. (AP) — Actor Treat Williams, whose nearly 50-year career included starring roles in the TV series “Everwood” and the movie “Hair,” died Monday after a motorcycle crash in Vermont, state police said. He was 71. Shortly before 5 p.m., a Honda SUV was turning left into a parking lot when it collided with

By BASSEM MROUE Associated Press BEIRUT (AP) — The United States military says a helicopter accident in northeastern Syria over the weekend has left 22 U.S. service members injured to various degree. The military said the cause of Sunday’s “mishap” was under investigation. It says no enemy fire was reported. The statement said 10 service

By JAMEY KEATEN Associated Press KYIV, Ukraine (AP) — Russian President Vladimir Putin suggested Tuesday that he could order his troops to try to seize more land in Ukraine to protect bordering Russian territory — a threat with questionable credibility because the Kremlin lacks full control over areas it already annexed. In some of his