World and National News

Stock market today: Most of Wall Street edges lower after Fed delivers a big cut to rates

Stock market today: Most of Wall Street edges lower after Fed delivers a big cut to rates

By STAN CHOE AP Business Writer NEW YORK (AP) — U.S. stock indexes edged lower Wednesday after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates. The S&P 500 slipped…

Federal Reserve signals end to inflation fight with a sizable half-point rate cut

Federal Reserve signals end to inflation fight with a sizable half-point rate cut

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped…

Teamsters union declines to endorse Trump or Harris for president

Teamsters union declines to endorse Trump or Harris for president

By JOSH BOAK and TOM KRISHER Associated Press WASHINGTON (AP) — The International Brotherhood of Teamsters declined Wednesday to endorse Kamala Harris or Donald Trump for president, saying neither candidate had sufficient support from the 1.3 million-member union. “Unfortunately,…

Air Force to deploy Osprey aircraft in weeks following review over deadly crash

Air Force to deploy Osprey aircraft in weeks following review over deadly crash

NATIONAL HARBOR, Md. (AP) — Air Force Special Operations Command says it is weeks from deploying its fleet of CV-22B Osprey aircraft for counter terror operations, after grounding its crews in the wake of a…

Lebanon is rocked again by exploding devices as Israel declares a ‘new phase’ of war

Lebanon is rocked again by exploding devices as Israel declares a ‘new phase’ of war

By BASSEM MROUE, JOHNSON LAI, and JUSTIN SPIKE Associated Press BEIRUT (AP) — Walkie-talkies and solar equipment exploded in Beirut and other parts of Lebanon on Wednesday in an apparent second wave of attacks targeting…

Ship owner cut corners on repairs before deadly Baltimore bridge collapse, US says in $100M lawsuit

Ship owner cut corners on repairs before deadly Baltimore bridge collapse, US says in $100M lawsuit

By LEA SKENE and ALANNA DURKIN RICHER Associated Press BALTIMORE (AP) — The owner and manager of the cargo ship that caused the Baltimore bridge collapse recklessly cut corners and ignored known electrical problems on the vessel,…