World and National News

Biden warns in farewell address that an ‘oligarchy’ of ultrarich in US threatens future of democracy

Biden warns in farewell address that an ‘oligarchy’ of ultrarich in US threatens future of democracy

By ZEKE MILLER, CHRIS MEGERIAN and COLLEEN LONG Associated Press WASHINGTON (AP) — President Joe Biden used his farewell address to the nation Wednesday to deliver stark warnings about an “oligarchy” of the ultra-wealthy taking root in…

Stock market today: Wall Street rips higher after inflation data and strong bank profits

Stock market today: Wall Street rips higher after inflation data and strong bank profits

By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo and other big U.S.…

Bondi in her confirmation hearing says Trump was ‘targeted’ by Justice Department investigations

Bondi in her confirmation hearing says Trump was ‘targeted’ by Justice Department investigations

By ERIC TUCKER, ALANNA DURKIN RICHER and MARY CLARE JALONICK Associated Press WASHINGTON (AP) — Pam Bondi, Donald Trump’s pick for attorney general, insisted at her Senate confirmation hearing on Wednesday that the president-elect had been…

FDA floats plan to make cigarettes nonaddictive, but its fate rests with Trump

FDA floats plan to make cigarettes nonaddictive, but its fate rests with Trump

By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — Federal officials on Wednesday released a far-reaching proposal to make cigarettes far less addictive by capping their nicotine content, a goal long sought by antismoking advocates that is unlikely…

Hegseth confronts allegations of misconduct as senators grill Trump’s choice for Pentagon chief

Hegseth confronts allegations of misconduct as senators grill Trump’s choice for Pentagon chief

By LISA MASCARO, TARA COPP and MATT BROWN Associated Press WASHINGTON (AP) — President-elect Donald Trump’s choice for defense secretary, Pete Hegseth, vowed Tuesday to foster a “warrior culture” at the Pentagon and confronted allegations of his misconduct during…

Stock market today: Wall Street ticks higher after encouraging inflation data

Stock market today: Wall Street ticks higher after encouraging inflation data

By STAN CHOE AP Business Writer NEW YORK (AP) — Most U.S. stocks are rising on Tuesday following an encouraging update on inflation, but drops for Eli Lilly and some other influential companies are keeping indexes…