Top 2003-11 Iraq War News

Stock market slump unsettling Americans eying retirement

May. 24, 2022 07:13 AM EDT

Americans on the cusp of retiring are facing a tough choice as they watch their nest eggs shrink: Stay the course or keep working. A stock market slump this year has taken a big bite out of investors’ portfolios, including retirement plans like 401(k)s. The S&P 500, the...

Asian stock markets mixed after Wall St sinks further

May. 24, 2022 23:50 PM EDT

BEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street sank on weak U.S. housing sales and a profit warning by a prominent social media brand. Shanghai and Seoul advanced while Tokyo and Hong Kong declined. Oil prices rose more than $1 per barrel to stay above...

Australia's government urges China to remove trade barriers

May. 24, 2022 21:24 PM EDT

CANBERRA, Australia (AP) — Australia’s new government has urged China to lift trade sanctions if it wants to reset a bilateral relationship that plumbed new depths under the previous administration. The Chinese premier’s congratulatory letter to Prime Minister Anthony Albanese...

US to end Russia's ability to pay international investors

May. 24, 2022 16:07 PM EDT

WASHINGTON (AP) — The U.S. will close the last avenue for Russia to pay its billions in debt back to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable. The Treasury Department said in a...

ExxonMobil loses bid to nix climate change lawsuit

May. 24, 2022 18:41 PM EDT

BOSTON (AP) — Massachusetts’ highest court on Tuesday rejected a bid by ExxonMobil to dismiss a lawsuit brought by the state that accuses the oil giant of misleading the public about the role its fossil fuels play in causing climate change. The lawsuit filed in 2019 by...

Social media hammered by mounting questions over advertising

May. 24, 2022 19:42 PM EDT

Social media has had a rough 2022 with lingering questions about advertising spending, political ads and a $44 billion takeover of Twitter that may or may not be happening, depending on which Elon Musk tweet you read. Then late Monday Snap, which runs the Snapchat app that features...

EXPLAINER: What's the 4-nation Quad, where did it come from?

May. 24, 2022 12:19 PM EDT

TOKYO (AP) — Leaders of the U.S., Japan, Australia and India gathered in Tokyo on Tuesday for a summit of the “Quad.” What is the group, where did it come from and why do diplomats keep coming up with strange names for various partnerships? WHAT IS THE QUAD? ...

Japan's weaker yen a blessing to some, burden for others

May. 24, 2022 23:59 PM EDT

TOKYO (AP) — The Japanese yen has weakened, trading in recent weeks at 20-year lows of 130 yen to the U.S. dollar just when prices of oil and other goods are surging partly due to the war in Ukraine. The yen's value against the U.S. dollar and other currencies has fallen mainly...

At Davos, Kerry cites progress on China-US climate group

May. 24, 2022 14:00 PM EDT

DAVOS, Switzerland (AP) — John Kerry, America's top official on climate change, said Tuesday that the U.S. and China were making progress on putting together a group from both countries to work toward quickly reducing greenhouse gas emissions. In an interview with The Associated...

Best Buy lowers outlook as Q1 results show inflation's bite

May. 24, 2022 19:20 PM EDT

NEW YORK (AP) — Best Buy Co. posted first-quarter results Tuesday that showed shoppers pulled back on spending, while higher costs ate into profits. The nation's largest consumer electronics chain also cut its annual outlook, noting a deteriorating macro economic environment. ...

Latest 2003-11 Iraq War News

Blowback as Bush gaffes Iraq war, not Ukraine, 'unjustified'

May. 19, 2022 14:08 PM EDT

Former President George W. Bush is facing criticism after mistakenly describing the invasion of Iraq — which he led as commander in chief — as “brutal” and “wholly unjustified,” before correcting himself to say he meant to refer to Russia’s invasion of Ukraine. “The...

Many in Mideast see hypocrisy in Western embrace of Ukraine

Mar. 29, 2022 02:08 AM EDT

JERUSALEM (AP) — Within days of the Russian invasion, Western countries invoked international law, imposed crippling sanctions, began welcoming refugees with open arms and cheered on Ukraine's armed resistance. The response has elicited outrage across the Middle East, where many...