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...

Slumping technology stocks pull Wall Street lower

May. 24, 2022 16:54 PM EDT

NEW YORK (AP) — Stocks on Wall Street gave up more ground Tuesday amid mounting worries that persistently high inflation will dim corporate profits. The S&P 500 fell 0.8%, while the Nasdaq dropped 2.3%. The Dow Jones Industrial Average eked out a 0.2% gain, thank's primarily...

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? ...

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. ...

Biden: Leaders navigating 'dark hour' after Ukraine invasion

May. 24, 2022 12:45 PM EDT

TOKYO (AP) — President Joe Biden told fellow Indo-Pacific leaders assembled for a four-country summit Tuesday that they were navigating "a dark hour in our shared history” due to Russia's brutal war on Ukraine and he urged the group to make a greater effort to stop Vladimir Putin's aggression....

Attorney paying ex-casino mogul Steve Wynn defamation claim

May. 24, 2022 19:59 PM EDT

LAS VEGAS (AP) — Former Las Vegas casino mogul Steve Wynn has accepted an undisclosed financial settlement to end his federal defamation lawsuit against a well-known attorney who represented a dancer who she said accused Wynn of sexual harassment and retaliation. Los Angeles...

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...