NEW YORK (AP) — Another volatile day on Wall Street ended with more losses for stocks Thursday, drawing the S&P 500 closer to its first bear market since the beginning of the pandemic.
The index, a benchmark for many funds, fell 0.6% after easing off a deeper stumble.
SAN FRANCISCO (AP) — Twitter is stepping up its fight against misinformation with a new policy cracking down on posts that spread potentially dangerous false stories. The change is part of a broader effort to promote accurate information during times of conflict or crisis.
NEW YORK (AP) — Investors on Wall Street need a place to hide.
The stock market’s skid this year has pulled the S&P 500 close to what’s known as a bear market.
Stocks end lower, nearing but not quite in a bear market
How major US stock indexes fared Thursday
Closing prices for crude oil, gold and other commodities
Asian shares track Wall Street's inflation-fueled retreat
How major US stock indexes fared Wednesday
Off the charts
More buyers opt for adjustable-rate mortgages as rates rise
Bonds, haven for elderly and cautious, are getting torched
Dollar surges to 2-decade high as investors seek refuge
Once Wall Street's stars, Big Tech falls back to Earth
Higher mortgage rates set stage for lower home sales
NEW YORK (AP) — Here's the latest sign ESG investing is now mainstream after starting as a niche corner of Wall Street: It's become the target of Republican politicians and billionaire Elon Musk amid the nation's cultural schism.
SALT LAKE CITY (AP) — Republicans are coming out swinging against Wall Street's growing efforts to consider factors like long-term environmental risk in investment decisions, the latest indication that the GOP is willing to damage its relationship with big business to score culture war points.
WASHINGTON (AP) — A closely divided House approved legislation Thursday to crack down on alleged price gouging by oil companies and other energy producers as prices at the pump continue to soar.
A bill backed by House Democrats would give President Joe Biden authority to declare an energy emergency that would make it unlawful to increase gasoline and home energy fuel prices in an “excessive” or exploitative manner.
Single father Billy Price was already struggling to make ends meet before someone broke into his Michigan storage unit, stole his identity and ruined his credit.
Price filed a police report, and then tweeted about it to Bill Pulte, a multimillionaire who he'd heard uses Twitter to give money to those in need.
Australia set to go to polls in expected close election
A bear market may be on the horizon. Here’s what that means
Beshear: Kentucky posts its lowest-ever unemployment rate
More Americans apply for jobless benefits last week
North Korea's suspected COVID-19 caseload nears 2 million
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Man pleads guilty to misusing pandemic relief business loan
WVa woman selected as national small business person of year
Small businesses still struggle to find enough workers
Gov. Kelly vetoes local bans on plastic bags, straws
NEW YORK (AP) — The federal government is investing in machines that suck giant amounts of carbon dioxide out of the air in the hopes of reducing damage from climate change.
The Department of Energy said Thursday it will release $3.5 billion to groups developing direct air capture and other technologies that remove carbon dioxide, which when released into the atmosphere causes global warming.
WASHINGTON (AP) — Average long-term U.S. mortgage rates retreated modestly this week, but interest on the key 30-year loan remains at decade-high levels.
Mortgage buyer Freddie Mac reported Thursday that the 30-year rate slipped to 5.25% from 5.3% last week.
TORONTO (AP) — Wireless carriers in Canada won’t be allowed to install Huawei equipment in their high-speed 5G networks, the Canadian government said Thursday, joining allies in banning the giant Chinese technology company.
WASHINGTON (AP) — The Senate has whisked a $40 billion package of military, economic and food aid for Ukraine and U.S.
CANBERRA, Australia (AP) — The son of a single mother who raised him on a pension, Anthony Albanese had a humble start to life for a politician who could become Australia’s prime minister on Saturday.
CANBERRA, Australia (AP) — Australians will go to the polls on Saturday following a six-week election campaign that has focused on pandemic-fueled inflation, climate change and fears of a Chinese military outpost being established less than 2,000 kilometers (1,200 miles) off Australia’s shore.
KYIV, Ukraine (AP) — Amid fear of Russian reprisals, hundreds of Ukrainian fighters who surrendered after enduring the merciless assault on Mariupol’s steel factory were registered as prisoners of war, and the Ukrainian president vowed to seek international help to save them.
SEOUL, South Korea (AP) — North Korea said Friday that nearly 10% of its 26 million people have fallen ill and 65 people have died amid its first COVID-19 outbreak, as outside experts question the validity of its reported fatalities and worry about a possible humanitarian crisis.
Around 1 in 20 residents in Arkansas and Tennessee were missed during the 2020 census, and four other U.S.
KYIV, Ukraine (AP) — The fate of hundreds of Ukrainian fighters who surrendered after holding out against punishing attacks on Mariupol’s steel factory hung in the balance Thursday, amid international fears that the Russians may take reprisals against the prisoners.
CAPE CANAVERAL, Fla. (AP) — Boeing’s crew capsule rocketed into orbit Thursday on a repeat test flight without astronauts, after years of being grounded by flaws that could have doomed the spacecraft.
BENICIA, Calif. (AP) — California workplace safety regulators fined a San Francisco Bay Area refinery and three contractor companies more than $1.75 million for safety violations in the death of a worker who suffocated while trying to clean a well, officials said Thursday.
HONOLULU (AP) — Hawaii lawmakers this year passed legislation creating a working group to develop ways to eliminate greenhouse gas emissions on transportation between the islands.
Sen. Chris Lee said at a news conference on Thursday that Hawaii has some of the highest transportation costs in the nation because of its dependence on imported fossil fuels.
JUNEAU, Alaska (AP) — The Alaska Legislature in the waning hours of a four-month session approved a state spending package that would pay residents about $3,200 this year after a vote that would have boosted the payout to about $3,850 narrowly failed in the House.
UNITED NATIONS (AP) — U.S. Secretary of State Antony Blinken accused Russia on Thursday of weaponizing food and holding grain for millions of people around the world hostage to help accomplish what its invasion of Ukraine has not -- “to break the spirit of the Ukrainian people.”
LANSING, Mich. (AP) — Both Democratic Gov. Gretchen Whitmer and the Republican-led Michigan Legislature proposed new plans to cut taxes Thursday but remained at odds over the scope and immediacy of any relief.
SACRAMENTO, Calif. (AP) — New rules about how and when actors can use guns while filming failed to pass the California Legislature on Thursday just months after a gun actor Alec Baldwin was holding went off and killed a cinematographer on a movie set in New Mexico.
DOVER, Del. (AP) — Legislation to establish a state-run marijuana industry in Delaware has again failed to clear the state House.
The Democrat-controlled chamber voted 23-15 on Thursday to approve the bill, which fell two votes short of the required supermajority.
WASHINGTON (AP) — The head of the Food and Drug Administration told lawmakers Thursday that a shuttered baby formula factory could be up and running as soon as next week, though he sidestepped questions about whether his agency should have intervened earlier to address problems at the plant that have triggered the national shortage.
MOBILE, Ala. (AP) — A former Alabama sheriff who resigned last year rather than face an impeachment inquiry said he is innocent of federal charges that he used improper loans to pay personal expenses including gambling debts.
CHICAGO (AP) — The Arizona Diamondbacks placed catcher Jose Herrera on the injured list Thursday without a designation, indicating a potential COVID-19 issue with the team.
The move with Herrera comes one day after left-hander Kyle Nelson and outfielder Cooper Hummel were placed on the IL without any injury designation.
PHOENIX (AP) — An attorney for an Arizona real estate developer who was referred to the Department of Justice for a criminal investigation along with a former Trump administration Cabinet member by Democrats on a congressional committee demanded Thursday that he be allowed to publicly rebut the allegations against his client.
CHICAGO (AP) — A Chicago police officer shot and seriously wounded a 13-year-old boy who ran away after he was pulled over driving a vehicle that had been involved in a carjacking the day before, officials said Thursday.
DILI, East Timor (AP) — Former East Timor independence fighter and Nobel Peace Prize laureate Jose Ramos-Horta was sworn in as president of Asia’s youngest country late Thursday as it marks its 20th anniversary of independence.
SAN FRANCISCO (AP) — An abortion opponent was arraigned Thursday on charges of felony stalking and other misdemeanors after he targeted a physician at home and barged into the San Francisco health clinic where the physician works, frightening the doctor, patients and staff, District Attorney Chesa Boudin said.
PHOENIX (AP) — A federal appeals court on Thursday revived Arizona’s lawsuit challenging the part of President Joe Biden’s massive coronavirus rescue law that bars states from using the federal money to offset tax cuts.
WASHINGTON (AP) — The Senate approved a bill Thursday aimed at easing the baby formula shortage for families participating in a government assistance program that accounts for about half of all formula purchased in the United States.
OMAHA, Neb. (AP) — The mining company that wants to extract a rare heat-resistant element from the ground under southeast Nebraska says a new report shows the deposit it plans to mine holds a significant amount of other rare elements.
CHICAGO (AP) — The city of Chicago pursues a “two-faced” strategy of acknowledging an ugly history of police brutality in public while directing its lawyers to deny that legacy in court when victims sue, community leaders alleged in a court filing Thursday.
KYIV, Ukraine — Ukrainian President Volodymyr Zelenskyy thanked the United States for the $40 billion aid package, which got final congressional approval on Thursday.
“This is a demonstration of strong leadership and a necessary contribution to our common defense of freedom,” Zelenskyy said in his nightly video address to the nation.
ST. PAUL, Minn. (AP) — A proposal to legalize sports betting survived a test Thursday amid lawmakers' efforts to pull together the pieces of a package to spend Minnesota's enormous budget surplus with just days remaining in the legislative session.
WASHINGTON (AP) — The Senate whisked a $40 billion package of military, economic and food aid for Ukraine and U.S.
RIO DE JANEIRO (AP) — Chile holds itself out as a global leader on climate change. Nearly 22% of Chile’s electricity is generated by solar and wind farms, putting it far ahead of both the global average, 10%, and the United States, at 13%.
BATON ROUGE, LA. (AP) — The Louisiana House granted final legislative passage Thursday to a $39 billion state operating budget for the fiscal year that begins July 1.
The vote to accept various Senate changes to the bill was 88-7.
LOUISVILLE, Ky. (AP) — A federal judge on Thursday extended an order blocking key portions of a new Kentucky abortion law that had forced the state's two clinics to temporarily halt abortions.
The ruling said that the law's 15-week ban on abortions would remain blocked until the U.S.