Latest Lead markets News

The Latest: Lawmaker wants Facebook to suspend currency plan

Jun. 18, 2019 5:54 PM EDT

NEW YORK (AP) — The Latest on Facebook's new digital currency (all times local): 5:40 p.m. The head of the House Financial Services Committee wants Facebook to suspend plans for a new currency until Congress and regulators are able to study it more closely. In asking Facebook to put the Libra currency...

Asian shares mixed over concerns about oil tankers, trade

Jun. 13, 2019 10:52 PM EDT

TOKYO (AP) — Asian shares were mixed Friday as investors weighed a variety of factors, including suspected attacks on two oil tankers in the strategic Strait of Hormuz and lingering worries about trade conflict between the U.S. and China. Japan's benchmark Nikkei 225 edged up 0.2% to 21,076.11 in morning...

Tankers struck near Strait of Hormuz; US blames Iran

Jun. 13, 2019 8:22 PM EDT

DUBAI, United Arab Emirates (AP) — The U.S. blamed Iran for suspected attacks on two oil tankers Thursday near the strategic Strait of Hormuz, denouncing what it called a campaign of "escalating tensions" in a region crucial to global energy supplies. The U.S. Navy rushed to assist the stricken vessels in...

Trump, Biden trade barbs amid dueling Iowa campaign visits

Jun. 11, 2019 9:49 PM EDT

MOUNT PLEASANT, Iowa (AP) — President Donald Trump and Democrat Joe Biden spent Tuesday trading insults — sometimes almost simultaneously— as they stumped across Iowa in split-screen moments that could preview a ferocious fight ahead if the two face off for the presidency next year. The back...

Markets Right Now: Stocks fall for first time in 6 days

Jun. 11, 2019 4:15 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks lost some early momentum Tuesday and finished with their first loss in six days. The Dow Jones industrials slipped 14 points, or 0.1%, to 26,048, after rising as much as 186 points just after trading began....

Thome, Martinez to manager revamped All-Star Futures Game

Jun. 11, 2019 3:47 PM EDT

NEW YORK (AP) — Hall of Famer Jim Thome and Dennis Martinez will be the managers in a revamped All-Star Futures Game at Cleveland on July 7. In its 21st year, the game is switching formats and will match American League prospects against young players from NL teams. Previously, a world team faced U.S....

Dirty dozen: Nadal wins 12th French Open for 18th Slam title

Jun. 9, 2019 3:59 PM EDT

PARIS (AP) — For a few, fleeting moments Sunday, Rafael Nadal found his French Open supremacy seemingly threatened by Dominic Thiem, a younger, talented opponent challenging him in the final for the second consecutive year. A poor game from Nadal allowed Thiem to break him and even things at a set apiece....

Undone by Brexit, May steps down as Conservative leader

Jun. 7, 2019 3:38 PM EDT

LONDON (AP) — British Prime Minister Theresa May's time as Conservative Party leader ended Friday, not with a bang but a whimper. May, who announced her departure two weeks ago after her career was undone by the Brexit mess, formally stepped down in a private exchange of letters with the party, leaving...

Warriors' investor banned for 1 year, fined $500,000 by NBA

Jun. 7, 2019 2:16 AM EDT

OAKLAND, Calif. (AP) — Toronto guard Kyle Lowry wanted the Golden State Warriors' executive who shoved him during an NBA Finals game ousted from the league. The NBA decided a one-year ban and $500,000 fine is enough for now. Mark Stevens, a Warriors' investor and a member of the team's executive board, was...

Markets Right Now: Stocks rise again, though energy tanks

Jun. 5, 2019 4:12 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are closing broadly higher on Wall Street Wednesday, although a sharp drop in the price of oil tempered the gains. Energy shares fell as the price of oil plunged 3.4% following a report showing an unexpected...